Florida has some issues to keep an eye on...
Medicaid spending, public pensions and health insurance costs, education spending...
Looks like it’s also using trust fund and reserve money to make the budget balance.
And if this is accurate, per AI...
“Federal funds make up approximately 33% to 34% of the Florida state budget, accounting for roughly $1 in every $3 spent by the state. This translates to about $37.9 billion of the state’s total appropriations.”
FL is walking a fiscal tightrope and the only reason it hasn’t landed on its butt is thanks to federal taxpayers.
All states get funded by the Federal Government for programs that the states oversee, like Medicare which the states also partially fund.
landed on its butt
*********
Butt landings aren’t all that bad
That's disingenuous. Federal programs like Medicaid are 'matching' programs, where the Feds take FL citizens money, and the State only gets it back if they create programs and fund half of them to get the 'other half' back from the Feds. This is what you term 'Federal funds'.
FL is walking a fiscal tightrope and the only reason it hasnāt landed on its butt is thanks to federal taxpayers.
Florida has increased education spending at the same time it has for two consecutive years reduced the total state budget. Not in inflation adjusted terms, but literally spent less in nominal dollars than the year prior two years in row now.
I wish we had a president who understand the importance of reducing government spending.
You off your meds again?
So if Florida dramatically increased its spending to where that percentage/ratio of Federal dollars reduced, that would be make it more fiscally sound?
I'm trying to figure out how what you are saying makes sense...