Florida Projects $3.8B Surplus, But Billions in Deficits Loom in Coming Years
State economists are projecting Florida will see a budget surplus of $3.8 billion in the upcoming fiscal year, but that financial cushion is expected to give way to sizable deficits in the years that follow. According to the latest Long-Range Financial Outlook, shortfalls of $1.5 billion in 2027-28 and $6.6 billion in 2028-29 could emerge...
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