Overfunded Pension Plan and Talk Of Tax Cuts? Let the Good Times Roll

Sigo, Shelly
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p56
Trade Publication
The article provides an overview of the fiscal condition of Florida. The state's pension fund is overfunded by $9 billion. Governor Jeb Bush has proposed a $1.5 billion tax cuts in his $70.8 billion fiscal 2007 budget proposal. He also proposed to use $710 million in cash for acquiring environmentally sensitive land. Meanwhile, the state's population is expected to increase about 2.2 percent a year.


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