Florida’s Revenue Projections Get Bump

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  • 01/18/2024
TALLAHASSEE — State economists on Tuesday increased general-revenue projections by about $2.18 billion for the current fiscal year and next year, giving a boost to lawmakers as they put together a new budget.

But more than $700 million of that increased revenue has already been allocated for things such as hurricane assistance and home-hardening programs.

Also, a long-range forecast projects mostly moderate annual revenue growth — 1.6 percent to 2.9 percent — after the current fiscal year ends June 30.

That could mean hard decisions as lawmakers push priorities with big price tags.
3D visualization by Braňo is licensed under Unsplash unsplash.com

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