Governor DeSantis signs a new $117.6 billion state budget.
Highlights include:
$735 million to repay state debt.
Florida’s total reserves currently sit at just under $18 billion, including $5 billion in the state’s rainy day fund.
education.
$1.56 billion will be used to increase pay for full-time K-12 classroom and preschool teachers with at least 10 years of full-time teaching experience in Florida public schools.
Funding per student is $9,338.
environment and natural resources.
More than $300 million to support local water projects. This includes construction, upgrades and expansions of wastewater facilities, septic tank to sewer conversions, stormwater management and nutrient reduction projects.
$30 million for water quality improvement projects through water management districts. $50 million to restore the springs.
transportation, infrastructure and emergency management.
Nearly $16 billion will go to the Florida Department of Transportation (FDOT), including $14.4 billion to state transportation programs.
$172 million to support local transportation projects.
