Florida budget woes go from bad to worse after Irma

 

From The Florida Times-Union: Hurricane Irma has made worse an already gloomy financial outlook for Florida and will impact the state’s bottom line for years to come.

 Budget analysts had already predicted a $1.6 billion budget shortfall by 2020, caused by spending decisions in Tallahassee and an increase in the school and Medicaid populations that outpace revenue growth.

On top of that is Irma, which has already caused the state to use $141 million in rainy day funds.

For the complete article: http://jacksonville.com/news/florida/2017-10-12/florida-budget-woes-go-bad-worse-after-irma

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