Florida Legislators are saying there is only so much money to go around and it’s not enough when it comes to making a new state budget.
The House and Senate budget-writing committees approved spending plans Wednesday separated by more than $4 billion, setting up weeks of negotiations over a pair of health-care measures that account for most of the differences.
During his run up to re-election Republican Gov. Rick Scott talked about grand plans to spend it on boosting school spending while slashing taxes and fees by hundreds of millions of dollars.
A legislative committee approved a report that projects a surplus in the budget year that starts in July.
Florida’s record $77.1 billion, election-year budget went to the governor Tuesday along with 21 other bills, including a proposal to increase highway speeds that is expected to be vetoed.
State lawmakers came into the 2014 session with a surplus topping $1 billion and a mandate from Gov. Rick Scott to cut $500 million in taxes and fees.
Lawmakers may face a late night Friday after a budget compromise was emailed Tuesday evening.
Lawmakers were on the verge of a final budget deal Sunday night after agreeing on virtually all of the outstanding spending items —putting them in striking distance of finishing the legislative session on time.
With a Tuesday deadline looming for a new state budget, Florida legislators are trading last-minute offers to come up with a final deal.
The state’s House and Senate are prepared to begin negotiations Monday night on a roughly $75 billion budget for the fiscal year starting July 1st.