Proposed Budget - Fiscal Year 2025
On December 5, Florida Governor Ron DeSantis introduced a $114.4 billion all funds budget for fiscal 2025, a decrease of $4.7 billion, or 4.0 percent, compared to fiscal 2024. The general revenue portion of the budget totals $46.0 billion, a decrease of $1.6 billion, or 3.4 percent, from the current year. Based on the latest general revenue estimating conference, net general revenues are estimated at $48.0 billion in fiscal 2025, an increase of 1.6 percent over fiscal 2024. The budget has a combined reserve total of $16.3 billion, including a general revenue ending balance of $6.4 billion and a Budget Stabilization Fund of $4.8 billion.