JaxPoliticsOnline.com

Observations and musings on Jacksonville Politics

Sink objects to funds raid

Florida’s Chief Financial Officer, Alex Sink, has objected to the Governor’s plan to raid state trust funds to balance the current budget deficit. Sink notes that Crist is attempting to raid 87% of the current balance of the Chiles Fund at a time when the fund’s balances are quite low—all in a short-sighted attempt to find a quick fix. Consider this Ms. Sink’s opening salvo in her US Senate race. The letter can be found here.

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Filed under: Florida, Florida Legislature, Florida Politics, , , , , , ,

3 Responses - Comments are closed.

  1. […] backbone in dealing with the long-term funding problems the state faces by raiding trust funds, such as The Chiles Fund and IPTF to “solve” the state’s current budget crisis. […]

  2. […] non-recurring revenues and trust fund raids to balance the state budget? Sink was quick to announce her opposition to trust fund raids, but McCollum has remained ominously silent on the issue.  The practice is dangerous for Florida […]

  3. […] revenues and trust fund raids to balance the state budget? Sink was quick to announce her opposition to trust fund raids, but McCollum has remained ominously silent on the issue.  The practice is dangerous for Florida […]

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