State economists say Florida on pace for $1 billion surplus next year Read more here: http://www.mi

[unhappycamper]

http://www.miamiherald.com/2014/08/08/4278020/state-economists-say-florida-on.html

State economists say Florida on pace for $1 billion surplus next year
Posted on Friday, 08.08.14
By Jim Turner
The News Service of Florida

TALLAHASSEE -- Economists slightly lowered their forecast of tax dollars flowing into the state but still project lawmakers to be on track to have at least a $1 billion surplus for the next budget.

Members of the Revenue Estimating Conference lowered their outlook — last made in March — due in part to changes in revenues such as corporate-income taxes, real-estate taxes and highway-safety fees.

Chief economist Amy Baker, who directs the Legislature’s Office of Economic & Demographic Research, said Thursday that the economy remains in good shape, calling the drop “uneventful.”

~snip~

The forecast of general revenue plays a critical role for state lawmakers as they designate tax dollars to schools, health programs and prisons in Florida’s annual budget. Lawmakers will meet in the spring to draw up a budget for the 2015-16 fiscal year, which starts July 1, 2015

--

You're expecting a $1 billion dollar surplus and you're stiffing the Miami-Dade police force? Classy.

.

Read more here: http://www.miamiherald.com/2014/08/08/4278020/state-economists-say-florida-on.html#storylink=cpy

[valerief]

1. I smell some big corporate tax cuts coming. nt