Florida’s General Revenue Collections Above Pre-Pandemic Levels

On Friday, September 3rd, the Legislative Budget Commission accepted a report that indicated Florida’s general revenue collections are projected to be above the pre-pandemic forecasted levels for Fiscal Year 2021-22 and Fiscal Year 2022-23.

Also, revenue collections are expected to increase approximately four percent per year throughout the forecast period.

Speaking Friday at the Joint Legislative Budget Commission, House budget leader Jay Trumbull credited Florida’s swift reopening and a history of prudent budgeting for getting the state’s finances back on track — and even above pre-pandemic estimates. Trumbull, a Panama City Republican who is co-chair of the Joint Legislative Budget Commission, said the report indicates “the state’s budget is in great shape.”

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