DeSantis pitches $114.8 billion budget - Jacksonville Business Journal

Dubbing it the “framework for freedom,” Gov. Ron DeSantis on Wednesday proposed a nearly $114.8 billion budget for next year that includes a variety of tax cuts and more money for such things as teacher pay.

“This is a big deal, in terms of this budget,” DeSantis said. “I think it is going to meet the needs of the people of Florida. It’s only possible because we have been a state that’s been able to thrive over these last few years, and we are going to continue those policies going forward.”EDUCATION: The proposal would earmark $1 billion for public-school teacher salaries, a $200 million increase from the current year.

TAX CUTS: DeSantis said the proposal includes $2 billion in tax relief, though that includes $500 million that was approved by the Legislature in a December special session to give bill credits to frequent users of toll roads. Other parts of the package include a permanent sales-tax exemption for baby and toddler needs, such as clothing and shoes; a one-year sales-tax exemption on certain household items, such as laundry detergent and toilet paper; and two back-to-school sales-tax “holidays.

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