The state of Florida received sound fiscal news from the Office of Economic and Demographic Research this month. Predictions by Florida economists state that there will be a $71.3 million budget surplus next year. This is in addition to the already $1 billion the state has in reserves. Florida has been able to keep such a surplus due to the work of Gov. Rick Scott and legislators keeping spending under control. By maintaining spending responsibility Florida is one of nine states to maintain an AAA credit rating.
Atwater, Jeff. September 21, 2012. Dollars and Sense. Retrieved from www.myfloridacfo.com/pressoffice/newsletter/