Published: Feb 04, 2011 6:18 PM EST
Updated: Feb 04, 2011 3:33 PM EST

TAMPA, Fla. (AP) - Gov. Rick Scott will discuss his budget proposals at a business conference in Hollywood, a day after promising he won't take money from schools to pay for a proposed $5 billion in spending cuts.

The new Republican governor planned the announcement Friday at the Florida Venture Capital Conference. He's been on the road this week talking about various pieces of what he promises will be a streamlined, fiscally conservative state budget.

The state is facing a potential shortfall of $3.6 billion to $4.6 billion in the budget year beginning July 1. Scott wants to cut that amount plus another $2 billion, but has offered few details about how he'll do it.

 Legislative leaders say they are willing to listen to Scott's proposals.

(Copyright 2011 by The Associated Press. All Rights Reserved.)