Florida’s Budget a Mess: Taxpayers and Voters Take Notice

December 8, 2010 Leave a comment

If I was the city of Coral Gables I would plan for the worst revenue situation.  Taxpayers, take notice–the city will hit you again next year.

A legislative economist told the Senate Budget Committee on Tuesday that she expects a predicted $2.5 billion budget gap to widen because Florida’s economic recovery has been slower than forecast.

The panel’s chairman, meanwhile, hinted that Gov.-elect Rick Scott’s campaign promises for deep spending and tax cuts may run into trouble in the Legislature.

via Florida’s 2011-12 budget outlook getting gloomier – BusinessWeek.

Filed under Budget, Coral Gables, Finance, Florida

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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