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.