Governor Scott Listens to Floridians
After months of traveling the state and listening to teachers, parents, students, small businesses owners and families, Governor Scott today unveiled a budget that reflects the issues and solutions most important to Floridians – funding education and helping Floridians create jobs.
“The dollars in this budget belong to all Floridians, and I have listened to the things they believe are important to spend these dollars on,” said Governor Scott. “I have heard loud and clear that Floridians want their money spent on education and jobs, without additional burdens on families and businesses, and this budget accomplishes that.”
Highlights of the $66.4 billion proposed budget for Fiscal Year (FY) 2012-2013 include:
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Over $1 billion in new state K-12 funding.
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New tax relief measures totaling nearly $35 million in taxpayer savings next year, and over $86 million in FY 2013-14.
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Injecting $300 million in the Florida Retirement System pension fund.
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Reducing state spending by 4.6 percent – close to FY 2005-06 levels.
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Adjusting Medicaid reimbursement methodologies to control soaring costs.
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Efficiencies and savings for Florida taxpayers as a result of 40 year low crime rates.
