Because Scott’s tax-cut proposal was sharply reduced and a $250 million package of business incentives was dropped entirely, the governor is expected to lean heavily on his line-item veto pen.
florida budget
With $714 Million For School Construction, Lawmakers Close in on $80 Billion Deal
Lawmakers have to agree on the roughly $80 billion overall spending plan by Tuesday for the legislative session to end on Friday, as scheduled.
Beef Ads, Dolphin Pools, Farm Aid and Rodeos: Florida Lawmakers’ Pork Projects
The legislature’s budget plans are filled with pork items for local groups, parks, theaters and museums that may be minor in the overall proposals but important to lawmakers who want to take home money for projects and programs.
Senate Looks to Boost Education Funding Beyond Scott Request, But Tax Burden Looms
The Senate is proposing spending $7,249 a student, against Scott’s $7,220, but the increase relies on rising local property taxes, which are part of the state funding formula.
Scott’s Proposed Billion-Dollar Tax Cut and $250 Million For Job Subsidies Sets Up a Fight
An election-year budget that includes huge tax cuts, record funding for public schools and a new initiative to bring jobs to Florida might be good politics for lawmakers. The question is whether they can afford it.
2016: A Year of Political Games in the Making
After a strange and at times exhausting 2015, Florida’s government and political establishment is bracing for what could be another intriguing year with another election is on tap in the biggest swing state in the nation.
Scott Wants Tax Cuts Larger Than Projected Surplus. Lawmakers Are More Prudent.
Scott wants a larger tax-cut package in 2016 than the $673 million he sought this year, even though the state budget surplus is projected at $635.4 million, much of it one-time revenue that won;t recur in subsequent years.
State Education Board’s “Historic” Funding Proposal Is Still $1,000 Per Student Below 2006 Level
In inflation adjusted dollars, current spending on public education is $1,100-per-student less than it was in 2007, and would still be $1,000 less if the Legislature goes along with a state board of education proposal.
Florida’s Tax Revenue Expected to Grow by Modest $462 Million By June 2017
At least some of the extra money is likely to be eaten up by increasing enrollment in the state’s public schools, changes to health-care spending and the like.
Senator Blasts “Hypocritical” House Over Rejecting Medicaid Money While Getting Set to Borrow
Disagreements led Senate Appropriations Chairman Tom Lee, R-Brandon, to label the House as “hypocritical” for rejecting federal Medicaid expansion funding while being willing to issue bonds to pay for environmental projects.