Florida’s economy is feeling the financial effects of the coronavirus, according to a revenue report released by state Senate president, Bill Galvano. Galvano sent a memo to senators Friday saying the state’s revenue in the month of April was down about $780 million from what was originally predicted.
That includes sales taxes that were about $695 million below predictions. The Legislature approved a $93 billion budget in March. Republican Gov. Ron DeSantis has until Tuesday to sign the budget for the fiscal year that begins Wednesday, and it’s expected he’s going to heavily use his power to veto individual items in the spending plan.