Florida’s general-revenue collections in April topped an earlier projection by $51.4 million, according to a report posted this week by the Legislature’s Office of Economic & Demographic Research. The April report marked the fourth straight month that collections have exceeded the amounts projected in January by state analysts. In all, the state is $202.4 million above projections for the year. General revenue is the key source of tax dollars for many state programs and plummeted in recent years with the economic recession and slow recovery. It is made up of a variety of types of taxes, including sales taxes, which exceeded estimates by $34.5 million in April, the report says.
Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.