Posted in Politics

State has budget crisis of its own

   June 28, 2007

FL cap

The reports from Tallahassee are that since March, the state has taken in millions less in sales taxes than it anticipated. The state collected nearly $300 million less sales taxes than expected for the months of March, April and May.
The budget shortfall could be as much as $1.2 billion – $400 million for the current year, and another $800 million for the fiscal year that begins July 1. This is why Gov. Crist is considering another special legislative session in September.

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