Time for the good news bad news out of the roundtable of economists.

Good news: The economists in December probably got their tax-collection estimates spot on. This year, they upped the general-revenue estimate by $25.3 million and $56.1 million next year.

"Underlying the forecast is the assumption that the extreme financial and economic stress that began over a year ago has reached its bottom," said Amy Baker, the Legislature's chief economist.

Bad news: Next year's budget shortfall remains therefore unchanged: About $3.2 billion.

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Related posts:

  1. More not-so-sunny budget news from Fla economist
  2. Tax windfall: $651 million
  3. Atwater warns of "difficult road’ ahead on budget
  4. Wish You Were There: Blank Tape at Solid Sound Studios, on Flickr
  5. Tax windfall. Crist’s office optimistic. Legislature not so much.

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