Jeb Bush's Last florida Budget Includes Record $2.95B in Bonds

Sigo, Shelly
May 2006
Bond Buyer;5/30/2006, Vol. 356 Issue 32391, p3
Trade Publication
The article reports that Florida Governor Jeb Bush has signed his last state budget which authorizes the issuance of a record $2.95 billion in debt. Bush said that this budget represents Florida's conservative approach to government. He stressed that spending taxpayers' hard-earned money demands responsibility and accountability. The budget also authorizes $2.95 billion in debt sales. The education budget has allocated $1.1 billion for capital costs related to a controversial class-size reduction program mandated by voters in 2002. Florida has got an AAA rating from Standard & Poor's Ratings Services.


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