|Published:||Sep 06, 2013 6:30 AM EDT|
|Updated:||Sep 06, 2013 6:30 AM EDT|
TALLAHASSEE, Fla. (AP) - Florida is expected to have a budget surplus in the coming year, but there still won't be enough money to do both tax cuts and increase spending significantly on schools.
A new three-year forecast released Thursday by state economists shows the state is expecting to bring in enough money in 2013 to avoid the need for any cuts.
That forecast shows Florida will have a surplus of $845 million even after meeting current needs for schools and health care programs.
But Gov. Rick Scott wants to cut taxes and fees next year by $500 million. Scott has also recently announced he plans to advocate increased spending on several environmental projects as well.
That would leave very little money left over for increased school spending.
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