FY 26-27 budget done, vetoes are coming, and property tax debate lies ahead

The Florida Legislature approved a $114.5 billion budget for fiscal years 2026-27, with Republicans highlighting reduced spending and Democrats criticizing insufficient support for schools, healthcare, and the environment. The budget includes a $300 million tax cut package, $4 million for the Groveland Four, and $250 million for an emergency fund linked to immigration enforcement. A property tax debate is set for a special session, with Governor Ron DeSantis proposing increased homestead exemptions facing opposition from local governments, education groups, and businesses.