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Issuer Type: State/Province
Department of Management Services Certificates of Participation (Correctional Facilities)
Florida Facilities Pool Revenue Bonds
On behalf of the State of Florida, I want to welcome you to our new investor relations website. We appreciate your interest and investment in Florida bonds, as it allows us to make critical investments in public infrastructure throughout the state. We are committed to maintaining our high bond ratings, and we are also committed to being as transparent as possible. I hope you find this website useful as you seek to better understand the credit fundamentals of the State. Please do not hesitate to contact me with suggestions for how we can be doing better. Thanks again for your interest in our bond programs.
Ben Watkins, Director
Florida Fiscal Year 2019-20 Budget
The 2019 legislative session ended May 4, 2019, with the State Legislature adopting the General Appropriations Act for Fiscal Year 2019-20. The Governor signed the General Appropriations Act on June 21, 2019. After the Governor’s $131.3 million in line-item vetoes, the 2019-20 Budget totals $90.98 billion, which is $1.7 billion (1.9%) more than the Fiscal Year 2018-19 Budget of $89.3 billion. The General Fund budget totals approximately $33.93 billion and will be funded primarily from general revenue collections and $336.5 million in trust fund transfers.
Dated June 24, 2019.