TALLAHASSEE (CBSMiami/AP) — Progress is good, but sometimes the process needs to be sped up to achieve desired results.READ MORE: Lauderhill PD Investigating Deadly Shooting
Preliminary forecasts show Florida’s economy is growing, but probably not enough to solve the state’s looming budget constraints.
State economists are meeting Monday to draw up forecasts to predict how much the state will collect in taxes.
Gov. Rick Scott will use the forecasts to draw up budget recommendations for 2017.READ MORE: Citizens Insurance Nears 600,000 Policies
Preliminary estimates show economists expect the state’s main budget account to grow roughly four percent during the fiscal year that ends next June.
And they are predicting growth slightly over 4 percent in the 2017-18 fiscal year.
These estimates are slightly better than ones drawn up earlier this year.
Those estimates resulted in a budget outlook that showed the state would only have a surplus of only $7.5 million during the fiscal year that starts in July 2017.MORE NEWS: Florida Lawmakers Won't 'Mess With Bingo'
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