November 11, 2008
Calling Florida's financial outlook ''ugly,'' the chief steward of the state's dwindling finances said Wednesday that Gov. Charlie Crist and the state Legislature need to hold a special lawmaking session as soon as possible.
Chief Financial Officer Alex Sink said that state economists will likely announce on Nov. 21 that Florida's tax revenue, now $800 million below forecast, will slow by another $1.2 billion, leaving a budget gap of nearly $2 billion.
For the rest of this article, click here.
