ST. PETERSBURG, FLA. (AP) - Florida's is expected to have a budget surplus in the coming year, but it doesn't appear there is enough money to do everything that Gov. Rick Scott is promising on the campaign trail.
The annual forecast released late Wednesday shows the state is expected to bring in enough money in 2015 to meet its spending needs for schools and health care. That's because the state continues to recover from the recession.
But that forecast shows the state's budget surplus will only be about $336 million during the fiscal year that starts on July 1.
Scott says if he's re-elected he wants to increase overall school spending by $700 million. He is also pledging to cut taxes by $1 billion over the next two years and spend more on environmental programs.
Photo Credit Getty Images