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State tax estimates get $2 billion bump But there s still pandemic-related costs lawmakers must deal with. As they piece together a new spending plan, state lawmakers can anticipate $2 billion more in tax revenue than previously forecast, months after facing the prospects of a major budget shortfall. But while economists increased general-revenue estimates Tuesday, the state still faces financial fallout from the COVID-19 pandemic such as an increase in Medicaid caseloads and the potential that tourism, particularly from overseas travelers, might not return to “normal” levels until the 2022-2023 fiscal year. Amy Baker, coordinator of the Legislature’s Office of Economic & Demographic Research, said the state has been “very fortunate” with developments such as a huge influx of federal money.

United statesDania beachPanama cityRon desantisWilton simpsonJay trumbullChris sprowlsAmy bakerEvan jenneLegislature office of economic demographic researchDemographic researchPresident wilton simpsonTrilby republicanSpeaker chris sprowlsPalm harbor republicanRevenue estimating conference