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.