Governor Charlie Crist

Governor Charlie Crist

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Crist signing $66.5 billion Florida budget

By The Associated Press

TALLAHASSEE, Fla. (AP) - Gov. Charlie Crist is set to sign an austere budget for another tough financial year.

With state revenues continuing to fall, it's taken a combination of spending cuts, federal stimulus money and about $2 billion in tax and fee increases to balance the $66.5 billion budget.

The governor also can exercise his line-item veto power when he puts his signature on the spending plan Wednesday.

The new budget will go into effect July 1. Besides more than $5 billion in stimulus money, the biggest new revenue source is a $1-a-pack increase in the cigarette tax.

Court and motor vehicle fees also will be going up. So will tuition at Florida's public universities and state and community colleges.


(Copyright 2009 by The Associated Press. All Rights Reserved.)
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