Florida’s transportation revenue takes a hit
By News service of Florida
Pointing to issues such as the coronavirus pandemic, economists say Florida will collect about $1.5 billion less than expected in transportation-related revenues during the next several years. The economists, who meet as the Revenue Estimating Conference, said in a new report that the cumulative amount of money going into the State Transportation Trust Fund during a period ending in the 2025-2026 fiscal year would be $1.485 billion below earlier projections, or 5.7 percent.