Good Budget News: Florida Won’t Face Budget Shortfall

September 9, 2012

The Legislative Budget Commission will get a dose of good news when it meets next Wednesday — a draft financial outlook shows the state likely will not face a budget shortfall for the 2013-14 fiscal year.

Analysts each year provide a long-term outlook to the LBC, showing estimated revenues and anticipated levels of spending.

Lawmakers have repeatedly grappled with shortfalls during the past few years, but the new outlook shows no budget gap for the fiscal year that starts July 1, 2013.

“Fiscal strategies will not be required; the budget is in balance as constitutionally required and is growing more slowly than available revenues,” the draft says.

By The News Service of Florida

Comments

8 Responses to “Good Budget News: Florida Won’t Face Budget Shortfall”

  1. Mike in Pace on September 10th, 2012 4:32 pm

    @Bob, you are spewing Democratic talking points. Come on man learn to think for yourself!! How does taxing the rich into poverty bring the ones in poverty into prosperity?
    How many poor people do you know that create jobs? I respect public sector jobs but you must realize this: You create nothing. You only consume on the backs of tax payers.

    Explain the last time a public sector job created a profit? The economy stinks. It is everyone’s burden to share in the pain.

  2. Bob on September 10th, 2012 7:37 am

    I think the guy is doing a terrific job to bring the state from the pits to a balanced budget. A feat former governors have failed to do. You may complain but he is doing what we elected him to do and he is doing it well. No more free rides in the state of Florida is the message he is trying to deliver.

  3. Bob on September 9th, 2012 9:39 pm

    There’s not a hole lot more that can be cut from the budget except from now to 2014 when I hope he’s not relected is to outsource everything he can do. Thats the pink slip Rick way with his crony republican buddies.
    Hell have our state so messed up most retires will move out of state. I don’t trust and did not vote for this guy.

  4. Russ on September 9th, 2012 8:24 pm

    It would be a great if us county workers were able to get our 3% back. For allot of us that’s the reason we took our county jobs was because of the retirement and what few benefits we have left.

  5. Northender43 on September 9th, 2012 9:40 am

    I think it is too early to predict anything. I think the analysts haven’t figured in the lawsuit that the State employees have before the FL Supreme Court about the 3% deductions for retirement. That will cost the State a lot of money if they lose. That goes before them this month.

  6. Henry Coe on September 9th, 2012 9:40 am

    Isn’t that awesome. When you take benefits away from the disabled and stick autistic and other disabled children in adult nursing homes, it saves money. Who cares if it destroys the quality of life in Florida in what is best for those children and their families?

    Let’s just give the rich folks another property tax cut and while we are at it, let’s go ahead and legalize euthanasia so we can save even more money by getting rid of nursing homes all together. God Bless America.

  7. eeyore on September 9th, 2012 3:23 am

    …i dont think it was the governor that did this…it has been the upturn in the economy having greater effect of the tourism returning to our state…the jobs number he has promised has not materialized…nor for the jobs for non-tourism industries…but a lot of the government services are now in the hands of the private sector…

  8. jcellops on September 9th, 2012 1:47 am

    i guess that we should thank our governor scott, in part, for his fiscal responsibility this past year…i think that hes doing a good job.

Written by William Reynolds · Filed Under News