Florida

Florida

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FY2026 (proposed)
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Proposed Budget - Fiscal Year 2026

On February 3, Florida Governor Ron DeSantis introduced a $115.6 billion all funds budget for fiscal 2026, a decrease of $3.0 billion, or 2.5 percent, compared to fiscal 2025. The general revenue portion of the budget totals $50.2 billion, an increase of $383.4 million, or 0.8 percent, from fiscal 2025. Based on the latest general revenue estimating conference, net general revenues are estimated at $49.7 billion in fiscal 2026, an increase of 2.4 percent over fiscal 2025. The budget has a combined reserve total of $14.6 billion, including $4.2 billion in unallocated general revenue and a Budget Stabilization Fund of $4.9 billion.

Proposed Budget Highlights 

The Focus on Fiscal Responsibility budget continues to model fiscal conservatism by paying down tax-supported debt, providing tax relief, reducing the size of government, and continuing to produce meaningful investments for Floridians.

Taxpayer Savings

• The budget includes $2.2 billion in tax relief through permanent and temporary changes:
  
  • For businesses, the budget repeals the business rent tax, creates a new venture capital tax credit program, and permanently extends the sales tax exemption for Data Center Property.
  • For homebuyers, the budget provides a one-year exemption of intangibles tax for the first $500,000 of residential mortgages for the purchase of a primary (owner-occupied) residence.
  • Provides several temporary tax savings mechanisms, including sales tax holidays for outdoor recreation purchases; back to school shopping; disaster preparedness items; tools and equipment used by skilled workers; ammunition, firearms and related accessories; and marine fuel. The budget also delays for two years the imposition of natural gas fuel taxes. 

Education

• Provides record state funding for the K-12 public school system and covers the costs associated with the current projected enrollment of more than 3.2 million students. This includes a per-student increase in the Florida Education Finance Program. 
  
  • Increases funds for school safety and mental health.
  • Increases funds to support salary increases for eligible teachers and other instructional personnel.
• Allocates funds for the voluntary pre-kindergarten program, which serves approximately 136,000 four- and young five-year-olds. 
• Does not include any tuition or fee increases for the state’s colleges and universities.
• Supports workforce education programs including career and technical education programs and nursing education initiatives.

Environment

• Includes funding to protect water resources, including Everglades restoration and targeted water quality improvements.
• Provides funds to restore the state’s world-renowned springs, combat the impacts of harmful algal blooms, support the
• Alternative Water Supply Grant Program, protect conservation lands and waterways, and invest in state coastlines.
• Allocates funds to restore oyster reefs, protect and restore coral reefs, invest in the citrus industry, and combat wildfires.

Health and Human Services

• Provides funds to advance cancer research initiatives.
• Allocates funds to support the care of pregnant women and children by helping improve access to care, coordinate behavioral health services for children, and provide pregnancy support.
• Invests funds to support behavioral health services including state-operated mental health treatment facilities and community forensic residential treatment beds. 
• Utilizes funds from the nationwide Opioid Settlement Agreement to combat the opioid crisis, including support for the Office of Opioid Recovery and an accredited Graduate Medical Education program to increase the number of residents in addiction medicine.
• Supports those served by the child welfare system, including supporting foster parents and caregivers. The budget also implements a new Community Based Care funding model.
• Provides funding to allow additional individuals with unique abilities to receive necessary services through the Home and Community Based Services waiver. 

Public Safety

• Provides positions to establish the Office of SecureFlorida at the Department of Commerce to enforce e-verify compliance.
• Provides additional funding to the Department of Corrections to improve officer retention, increase inmate programming, enhance inmate mental health services, and make technology upgrades. 
  
  • Allocates funds to improve safety and security at state correctional facilities, including security equipment and improved infrastructure.
• Increases funding for the Department of Juvenile Justice’s Florida Scholars Academy, providing students in the care of the department educational opportunities and trade skills in high-demand occupations.

Other Priorities

• Provides significant funding for disaster recovery, mitigation, and emergency management, including the state match for costs relating to disasters.
• Fully funds programs to support housing availability and affordability.
• Supports rural development through the Rural Infrastructure Fund, Small County Outreach Program, and Small County Resurfacing Assistance Program.
• Invests funds to help reduce insurance premiums for homeowners through additional home hardening and mitigation inspections and grants, while also restoring funds for the My Safe Florida Home Condominium Pilot Program.
• Includes funds to support ongoing maintenance and repairs at National Guard readiness centers throughout the state.

Proposed Budget Information
Fiscal Year 2026 Budget Proposal 

Budget Highlights 

Budget FAQs 

Governor’s Press Release 

Revenue Estimate