Budget Proposals Set Aside More Reserves Than Necessary | Print |
January 2012

Governor Rick Scott and Senate and House leaders all plan to set aside far more money in reserves in the 2012-13 state budget than traditional financial practices require. The inflated reserve fund will force new cuts to health and human service programs and again shortchange public schools, state colleges, and universities.

That action, combined with their refusal to consider any tax modernization proposals that would generate new revenue, will produce another budget inadequate to meet the needs of the state. Meanwhile, no public discussion has occurred about how much money should be reserved and the impact of the level of reserves on appropriations for vital public services.

> Read the report.