Florida Gov. Rick Scott signed the 2014-15 state budget into law on Monday – the first time this governor has not held a public signing ceremony for the annual spending plan.
The $77.1 billion budget handed to him by the Legislature now comes in lower; Scott used his line-item veto authority to excise the document, though a list of what made it and what got cut wasn’t immediately available.
The latest budget was more than 3 percent bigger than last year’s.
Lawmakers wrote a plethora of local projects and programs into the plan after coming into the yearly legislative session with a roughly $1.2 billion surplus.
Scott previously OK’d tax and fee cuts totalling $500 million, including the current sales tax holiday on hurricane-preparedness products and a rollback of auto registration fees.
The budget covers the next fiscal year, July 1-June 30.
A full story will be online later today.
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12:45 p.m. UPDATE: State Sen. Jeff Brandes, R-St. Petersburg, just tweeted, “Honored to announce that today the Governor signed the budget, which includes $10MM for @GoUSFSP College of Business.”
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The full story will be updated at http://tbo.com/news/politics/gov-scott-signs-2014-15-state-budget-20140602/