Florida

Florida

Budget Cycle
Annual

Governor Submits Budget 
December or February
(30 days prior to session)


Fiscal Year Begins
July 1

Governor Signs Budget
April/May/June 

Budget Links

FY2027 (proposed)
FY2026 (enacted)

FY2025 (enacted)
FY2024 (enacted)
FY2023 (enacted)
FY2022 (enacted)

Proposed Budget - Fiscal Year 2027

On December 10, Florida Governor Ron DeSantis introduced a $117.4 billion all funds budget for fiscal 2027, an increase of $2.5 billion, or 2.2 percent, compared to fiscal 2026. The general revenue portion of the budget totals $53.2 billion, an increase of $2.9 billion, or 5.7 percent, from the current year. Based on the latest general revenue estimating conference, net general revenues are estimated at $52.03 billion in fiscal 2027, an increase of 3.1 percent over fiscal 2026. The budget has a combined reserve total of $16.8 billion, including $7.8 billion in unallocated general revenue. The Budget Stabilization Fund, which receives a transfer of $118 million in the fiscal 2027 budget, is at its constitutional limit of $5.0 billion. 

Proposed Budget Highlights 

The Floridians First Budget continues the state’s strong fiscal discipline and delivers results for state residents. Priorities in the budget include paying down tax-supported debt, providing tax relief, ensuring government efficiency while recruiting and retaining quality talent, investing in education, and protecting natural resources.

Tax Relief

  • Recommends a second consecutive Second Amendment Sales Tax Holiday on the retail sale of firearms, ammunition and related accessories, camping gear, fishing supplies, crossbows and related accessories. 
  • Sets aside funding to support ongoing policy considerations for property tax relief and assist small and rural counties with potential lost revenue.

Education

  • Provides additional funding to support salary increases for eligible K-12 teachers and other instructional personnel, or other personnel compensation costs.
  • Supports a historic level of funding for the K-12 public school system, including an increase in funding per student and covering the costs of nearly 476,000 students projected to participate in the state’s school choice program.
  • Increases funds for school safety and mental health services.
  • Allocates funds for K-12 civics engagement.
  • Does not include any tuition or fee increases for Florida students at state colleges and universities.

Natural Resources

  • Invests funds for Everglades restoration and fully funds remaining components of the Central Everglades Planning Project.
  • Includes funding for targeted water quality improvement to achieve meaningful nutrient reductions in key waterbodies across the state.
  • Allocates funds to restore Florida springs, combat the impacts of harmful algal blooms, and help communities implement alternative water supply projects. 
  • Prioritizes state parks, protects conservation lands, and invests in the state’s coastlines while improving resiliency

Economic Development

  • Supports workforce education programs to ensure students are prepared to fill high-demand, high-wage jobs and invests in the state’s nursing workforce through two nursing education initiatives.
  • Invests in transportation infrastructure for a growing state, with funds allocated for highway construction and maintenance, resurfacing, aviation improvements, bridge repair and replacement, and safety initiatives.
  • Provides funding for the Florida Job Growth Grant Fund and VISIT FLORIDA.
  • Invests in rural communities including through the Rural Infrastructure Fund, Small County Outreach Program, and County Incentive Grant Program.
  • Increases funding and reallocates existing grant funds to continue efforts to reduce insurance premiums for homeowners while also supporting affordable housing options.

Health and Human Services

  • Supports innovative and quality cancer research.
  • Strengthens the state’s behavioral health system by expanding access to treatment, including additional inpatient beds at state-operated mental health treatment facilities, increasing short-term residential treatment options for adults and children, and creating additional community-based residential beds for step-down services.
  • Strengthens the child welfare system through additional funding to Community-Based Care led agencies to better support foster families and expanded recruitment options for prospective foster families.
  • Allocates additional funds for contaminants testing including heavy metals, bacteria, pesticides and microplastics.

Public Safety

  • Supports additional pay increases for sworn law enforcement officers, park rangers, judges and attorneys.
  • Continues funding for the Law Enforcement Recruitment Bonus Program, which provides a signing bonus for those hired as first-time law enforcement officers.
  • Increases the hourly rate for correctional officers and funds an additional 500 positions, while providing funds to improve safety and security at correctional facilities and address communications needs for officers and staff.
  • Provides funding to harden Florida’s cybersecurity framework across various state agencies for resiliency efforts.

Other Priorities

  • Improves government efficiency through the elimination of 354 positions while also recommending IT projects that reduce staffing needs and improve business processes, reducing requested authority for defunct federal grants, and reorganizing divisions.
  • Retains quality talent by funding a 2 percent cost-of-living adjustment for all state employees plus targeted increases for specific positions.
  • Increases funding to support essential maintenance, repairs, and upgrades at all state-run veterans’ nursing homes and the state domiciliary home.