TALLAHASSEE, Fla. — The state of Florida might have lost nearly $900 million in tax revenues in April, as the coronavirus pandemic siphoned away tourist dollars and other revenues from the state’s coffers.
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The outbreak was certain to impact the state revenues, but it became clearer Tuesday by just how much. The state Legislature has yet to send the $93.2 billion budget it approved in March to Gov. Ron DeSantis for his signature.
Lawmakers approved the budget just days after the governor began shuttering some businesses and putting stay-at-home measures in place.
Florida officials had expected to take in nearly $3 billion last month, but fell short by $878 million.
