search

The Real Deal Logo

Trending

Tides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsBushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160MHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details
South Florida

State budget constraints put community projects on hold for third straight year

Sign Up for the undefined Newsletter

As declining state revenues continue to plague Florida, funding for community projects has been put on hold for the third straight year. In a memo this morning, state House Speaker Larry Cretul of Ocala told lawmakers that budget constraints will again prevent local project proposals from becoming reality through government financing, and that they will not be able to request funds this year. “We again hope to avoid creating unrealistic funding expectations in our communities given the continuing decline in expected state revenues,” Cretul wrote.

Tags
Ocala