Florida Governor Ron DeSantis signed the ‘Focus on Florida’s Future’ Budget for Fiscal Year 2024-2025. The Focus on Florida’s Future Budget totals $116.5 billion—less than the previous fiscal year—which reflects a reduction in overall state spending.
This year’s budget features significant investments for Florida’s top needs, and thanks to the Governor’s line-item actions, this budget will also result in $17 billion remaining for budgetary reserves.
This funding will continue Florida’s important work in providing tax relief for its citizens; investing in our #1-in-the-nation education system; and supporting law and order, disaster preparedness, continued economic development, environmental conservation, and more.
Read: Florida Gov. DeSantis Slams Judge Rejecting Block On Trans Treatments For Kids “It’s Wrong”
Since Governor Ron DeSantis took office, the State of Florida has paid down over 36% of its overall outstanding tax-supported state debt.
Additionally, Florida’s taxpayers are in store for $1.5 billion in tax relief in the coming year, including $450 million in toll relief.
“This budget delivers historic support for education, infrastructure, and conservation, yet spends less than the year before and includes major tax relief,” said Governor Ron DeSantis. “We have paid down 36% of the state’s entire tax-supported debt over the course of my term, and the state maintains a AAA credit rating, one of the lowest tax burdens in America, and more than $17 billion in reserve.”
Florida Commissioner of Agriculture Wilton Simpson applauded Governor Ron DeSantis and the Florida Legislature for the 2024-2025 state budget that makes investments in Florida agriculture, natural resources, and consumer protection.
"I applaud Governor Ron DeSantis and the Florida Legislature for making critical investments in the 2024-2025 state budget to safeguard and advance Florida agriculture, preserve our working lands and natural resources, and enhance our consumer protection efforts,” said Commissioner Wilton Simpson. “This funding will ensure that our agricultural producers are supported, our working lands are protected, our citrus industry is revitalized, and our operational capabilities are bolstered, all while delivering significant cost savings to taxpayers. Together, we are working to ensure the future of agriculture in Florida, the well-being of our communities, and the preservation of our natural resources and spaces."
__Help support the Tampa Free Press by making any small donation by clicking here.__
Android Users, Click To Download The Tampa Free Press App And Never Miss A Story. Follow Us On Facebook and Twitter.Sign up for our free newsletter.
