Gov. Scott May Get Boost For Tax Cuts And Spending Plans
Follow CBSMIAMI.COM: Facebook | Twitter
TALLAHASSEE (CBSMiami/AP) — Gov. Rick Scott wants to cut taxes and spend a little more on education. His plan might receive a boost during a meeting with state economists on Monday.
The economists will predict how much the state is expected to collect in taxes, and it currently bodes well for Scott.
Preliminary forecasts show that the state's main budget account could grow 5 percent during the fiscal year that started in July. The preliminary estimates show 4 percent growth in the fiscal year that starts in July 2015.
That could add hundreds of millions of dollars to a projected budget surplus for next year.
Scott wants to cut taxes and fees by $1 billion over the next two years. But he also wants to raise school spending levels and spend more money on environmental programs.
The final forecasts should be finished later Thursday.
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
RELATED CONTENT: