November 10, 2008
The state budget director said today that next week’s revenue-estimating conference might result in a billion-dollar reduction in Florida’s projected tax collections.
That’s on top of the $1.4 billion already lopped off of revenue expectations for the current fiscal year. Jerry McDaniel, head of the Office of Policy and Budget, met with Gov. Charlie Crist for about 45 minutes this afternoon to go over options for coping with the state’s continued revenue shortfall.
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