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Uh-oh: Legislators could have less money to spend this year

in Statewide/Top Headlines by

Amid an ongoing tug-of-war over tax cuts and spending, Florida legislators learned Tuesday that they are going to have less money to spend in the coming year than planned. The changes — as measured in a nearly $80 billion budget — are not significant. But the drop represents another hurdle for Gov. Rick Scott and his ongoing push to get the Republican-controlled Legislature to cut state taxes by $1 billion. State economists drew up new forecasts that show the state’s…

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CFO Jeff Atwater reminds consumers to plan before braving Black Friday crowds

in Apolitical/Top Headlines by

The days after Thanksgiving have become the top shopping weekend of the year for many retailers and the National Retail Federation expects more than 135 million Americans will shop retail deals over the holiday weekend. While Black Friday deals may be enticing, Florida Chief Financial Officer Jeff Atwater and the Department of Financial Services say shoppers need to make a plan and a budget before braving the crowds. Most financial planners say shoppers should spend no more than 1.5 percent…

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Despite resistance, Rick Scott wants $1 billion in tax cuts

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Setting up another contentious budget battle, Florida Gov. Rick Scott was expected Thursday to call for $1 billion in tax cuts, most of it targeted at businesses. Scott’s is recommending the hefty amount despite signs that the Republican-controlled Florida Legislature will resist going along with such a large tax cut package. Scott, however, will argue that the dramatic tax cuts will help the state’s economy withstand the next downturn. “We can’t only create jobs when the national economy is good,”…

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Rick Kriseman wants to use new revenue for rec center, more police

in The Bay and the 'Burg/Top Headlines by

The Shore Acres Recreation Center could finally be replaced with a better, state-of-the-art facility under a plan emailed to City Council members last week by St. Pete Mayor Rick Kriseman. In a memo, Kriseman proposed setting aside $6.149 million for a new facility. “We are still developing the plans for this new facility and the final amount that will be needed is yet to be determined, but assigning $6.149 million to this important project is a very good start,” Kriseman…

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St. Pete millage rate will not go up next year

in The Bay and the 'Burg/Top Headlines by

St. Pete City Council tentatively approved a millage rate for the fiscal year 2016 budget during its meeting Thursday. Under the proposed budget the property taxes collected by the city would remain flat at a 6.77 millage rate. Council also approved public meeting dates to discuss the budget for September 3 and 17 at 7:30. City Council must approve a budget before October 1. City Council has to vote on a millage rate preemptively by August 4 in order to…

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Gov. Scott slashes $461 million in special projects

in Statewide/Top Headlines by

Rick Scott vetoed  $461.4 million in special projects when he signed the fiscal year 2015-16 budget  early Tuesday morning, in his office and not in the public. No governor has vetoed more in cash projects than Scott did early this morning, his staff claims in a prepared statement. Included in the  veto list: $15 million for a University of Central Florida building; $13.65 million for Dispersed Water Management; $9.5 million for Florida Association of Free and Charitable Clinics; $3 million for…

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Gov. Rick Scott signs state budget in private, averts government shutdown

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Gov. Rick Scott on Tuesday ended the state’s biggest budget crisis in more than two decades by signing a more than $78 billion budget into law, but he may have created another divide with some of his fellow Republicans. Scott signed the budget just days after the Florida Legislature approved it during an unusual June special session. State government would have been partially shut down if a new budget had not been in place by July 1. But before he…

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