Budget estimate projections better than expected, but shortfall still expected - State of Reform
Budget estimate projections better than expected, but shortfall still expected Shawna De La Rosa | Dec 30, 2020 Share this: Florida’s General Revenue Estimating Conference increased the state’s general revenue projections by $1.486 billion in the current budget year and $623 million in fiscal year 2021-22, but a budget shortfall still looms. The increase restores 39 percent of the $5.4 billion two-year reduction in the estimates adopted by the GREC in August. Between August and November, collections exceeded the previous estimate by $1 billion, according to a report by Fl...