Gov. Scott releases budget proposal for 2016

- Governor Rick Scott spent Monday morning in Jacksonville unveiling his budget plan for next year where he plans on another $1 billion in tax cuts.  One main focus will be to diversify Florida's economy.  "We're on a roll -- 36,600 more jobs in one month.  That's the most private sector jobs added in a month in more than a decade," he said.  "Unemployment is at an seven-year low, of 5.1 percent." 

The governor says 978,000 private sector jobs have been added since he took office, noting that he has already topped his campaign promise of 700,000 thousand jobs in seven years. He says he wants to keep that trend going.  "We've got to think about how we diversify our economy.  How do we make our small businesses the most prosperous in the country? Because what's going to happen is, if we diversity our economy, then well do better in the next recession and our small businesses will continue to add jobs.  And, that's who adds the jobs in our state primarily, its our small businesses."

Gov. Scott unveiled his proposed budget at Harbinger Sign in Jacksonville.  The sign show has been in business for 53 years. It employs more than 70 people who make the signs they sell to businesses big and small in every state in the country.  "We are one of the few states that have the sales tax on manufacturing equipment, weave eliminated that for three years, we need to make that permanent," said Roger Williams with Harbinger.  Not having to pay manufacturing equipment taxes on some of their newest machines alone, a metal bender and a high tech printer, which costs $250,000 a piece, has saved Harbinger $35,000 in sales tax.  "That was just on two pieces of equipment, we're going to buy more with what we save," 

Scott told the crowd of Harbinger workers that he plans on spending more dollars per student in grades K-12 and at universities.  State workers will get a chance at an incentive based bonus, an Governor Scott plans on putting more money into the back logged state crime labs.  "If you look at the budget, we'll have more money more equipment for our crime labs more vehicles also pay raises for our workers."

With his plan, the governor says he will not be raising the millage rate.  Now, we'll wait and see how state legislatures like the governor's plan. 

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