Florida’s sales tax revenue fell 31.7% below projections in May, state economists announced Friday as Gov. Ron DeSantis prepares to make deep cuts to the state budget for the next fiscal year.
Collections were $695.4 million below their estimates, made in January, before COVID-19 sent the state’s tourism-driven economy into a tailspin. All sectors of the economy besides building-related industries were hurt
Use this only to report spam, harassment, fighting, or rude content.