Budget Watch – What a Difference a Year Makes
Budget & Appropriations, Research, Taxpayer GuideLast year, COVID-19’s arrival in Florida and the attendant economic shutdown had state forecasters—and virtually everyone else–predicting gloomy fiscal times for Florida. The 2020 legislative Long-Range Financial Outlook estimated that the 2021 Legislature would be facing a budget shortfall of $2.7 billion, and without significant spending cuts, the shortfalls would continue for at least two more years.
















