|Published:||Oct 12, 2011 2:57 PM EDT|
|Updated:||Oct 12, 2011 2:57 PM EDT|
TALLAHASSEE, Fla. (AP) - Florida's court system is getting a $45.6 loan to avoid an impending deficit.
Gov. Rick Scott approved the loan Tuesday.
In a letter to Supreme Court Chief Justice Charles Canady, Scott wrote that the money must be repaid by next June 30.
Canady asked for the loan because of a shortfall in filing fees. That's due to an unexpected reduction in new mortgage foreclosure cases.
It's expected to shrink court revenue by $159 million.
The loan is designed to tide the courts over through March.
Court officials will seek additional funding from the Legislature to repay the loan and cover the rest of the deficit.
Lawmakers will convene their annual 60-day session in January.
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