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Governor DeSantis announces $91.3 billion budget proposal, $335 million in tax cuts

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TALLAHASSEE, Fla. — Governor Ron DeSantis has released his "Bold Vision for a Brighter Future" budget proposal for the 2019-2020 fiscal year.

At a news conference on Friday, the Florida Governor announced the $91.3 billion budget that he says is "aspirational but also attainable."

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The budget also recommends $335 million in tax cuts, including Back to School Disaster Preparedness Tax Holidays.

The Governor outlined his budget which includes funding for Everglades restoration, safety in Florida's schools, schools, hurricane recovery, affordable housing programs, transportation infrastructure, mental health and addiction relief and the safety of our children.

Read the Governor's full announcement below:

Today I am releasing my budget proposal for fiscal year 2019-2020 which affords me an opportunity to share a Bold Vision for a Brighter Future with all Floridians.

How we spend reflects on how we serve. I am announcing a $91.3 billion budget proposal that is aspirational but also attainable. My budget also recommends $335 million in tax cuts, including Back to School Disaster Preparedness Tax Holidays.

Saving is as critical as spending. My administration will set aside $5.2 billion in reserves including $1.6 billion in the Budget Stabilization Fund.

Beyond the $360 million for Everglades restoration I have already outlined, I am recommending a $154 million investment in our prized properties, including $100 million for Florida Forever and $54 million to improve our state parks.

In K-12 public schools, we propose a doubling of last year’s per student funding ($101 to $224) for a total of $21.7 billion. I also propose an increase of $50 million in the Safe Schools Allocation, as well as an additional $10 million for mental health in our schools.

School safety is an ever-increasing priority, so within our budget I am proposing $510 million in infrastructure construction and maintenance, including nearly $100 million to fund School Safety Grants to keep our students safe.

Our Bold Vision for a Brighter Future budget puts hurricane recovery at the forefront. We propose $271 million necessary for matching federal funds for federally declared disasters, a total of $1.9 billion.
Florida’s Panhandle residents, those in Florida Keys or other areas impacted by natural disasters, will not be forgotten. My budget outlines $765 million to address housing and job training in recovery zones.

Lack of affordable housing is an issue for Florida communities and impacts working families. I intend to fully fund Workforce and Affordable Housing programs at $338 million.

Addiction relief and mental health are top priorities, which is why we are proposing $84.6 million to address the opioid epidemic gripping our state, as well as an additional $25.7 million to the investment last year for mental health needs.

Our transportation infrastructure is not keeping up with demand. I propose to fund the State Transportation Work Program at $9.92 billion which will improve highways, bridges, airports, and seaports.

I want to offer a bold approach that leaves no stone unturned for the safety and well-being of our children, so we are proposing $73.6 million for child welfare programs and $30.7 million in adoption subsidies and post-adoption services.

I look forward to working with the Legislature in the coming weeks. Together, we can empower Floridians and inspire their confidence by being responsible with their money, deliver necessary services and get government out of the way in the pursuit of their dreams.

To learn more about the Bold Vision for a Brighter Future, click here.