2009A Special Session on Florida’s Budget Adjourns, Reductions Approved
Jan 14, 2009
The Florida Legislature adjourned, Sine Die, at 3:00 p.m. on Wednesday, January 14, 2009, bringing the 2009A Special Session on Florida’s Budget to a close.
Reductions in the State’s budget totaling more than $2.7 billion for Fiscal Year 2008-2009 were approved by both Chambers and will proceed to Governor Charlie Crist for his signature. Governor Crist has indicated that he may veto some education-related line items.
The following funds were utilized by the Legislature in creating the reduction package:
$400 Million from the Budget Stabilization Fund
$700 Million from the Lawton Chiles Endowment Fund
$190 Million from the Housing Trust Fund
$300 Million from various other Trust Funds
Four to six percent cut from each state agency/department
The budget’s centerpiece is a bill (SB 2A) that passed 27-13 in the Senate and 74-43 in the House.
The Regular Legislative Session begins on Tuesday, March 3, 2009, during which it is expected that another four to five billion dollars in budget reductions will be made.
Should you have any comments or questions, please do not hesitate to contact Colodny Fass.
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