LAWMAKERS ADOPT ‘POSITIVE’ LONG-RANGE
FINANCIAL FORECAST
By Lloyd Dunkelberger
TALLAHASSEE --- Florida lawmakers adopted a new long-range financial forecast on Friday that
could bode well when they meet next spring to write a new state budget.
The financial outlook, which was adopted unanimously by the Legislative Budget Commission,
projects a $223 million surplus for the next budget year, which begins July 1. It is a modest surplus,
representing only 0.6 percent of the estimated $34.6 billion in general revenue projected for next
year.
Senate Appropriations Chairman Rob Bradley, R-Fleming Island, who chairs the joint budget panel
of House and Senate members, said the positive numbers are a sign of Florida’s strong economy
and the “conservative financial decisions” made by lawmakers.
The financial outlook, which was adopted unanimously by the Legislative Budget
Commission, projects a $223 million surplus for the next budget year
OCTOBER 2018 • DITCHMEN
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