Florida

With about two weeks before the fiscal 2021 starts, the Florida Legislature still hasn't submitted a budget to Gov. Ron DeSantis.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

Orange County tourist tax collections plummeted 97% from the year earlier to $765,900 in April, the largest decline ever seen.

Some elder housing borrowers have also drawn on debt service reserves, violated covenants, or sought to restructure their bonds, said Moody's Investors Service.

Most of the state revenue loss came from $599 million in lower-than-estimated state sales tax collections, which support 79% of Florida’s budget.

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

Indian River County petitioned the court to overturn its unsuccessful appeal against the U.S. Department of Transportation and the passenger train operator.

Developers say construction will continue on the 310-unit apartment complex in Gainesville, near the University of Florida, during the Chapter 11 process.

The board of the troubled Jacksonville, Florida, utility voted to hire Paul McElroy as interim CEO.

Theme park and business closures and hospitality industry layoffs will make recovery difficult for Orange County and the Orlando region.

Moody's Investors Service said public utilities may see declining coverage ratios as they suspend disconnects and offer discounts.

In a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.

Florida’s attorneys cite flaws and errors in a special master’s report to support overturning its conclusions.

A Florida utility continues to pursue a lawsuit against a public power agency with a stake in the Plant Vogtle project.

The state will fast-track billions in road projects despite not knowing how the pandemic could impact revenues.

Stay-at-home orders and school closures driven by COVID-19 have cut traffic in half or more on many toll roads and bridges.

Ron DeSantis says he won’t trim or sign the 2021 state budget yet, but on Wednesday issued a statewide order limiting movement to essential services.

"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.

Cost cutting is underway at central Florida's Orlando International Airport due to a steep decline in flights and passengers amid the coronavirus outbreak.

When lawmakers cast the final vote on the 2021 budget, they won’t have updated revenue projections but other states and industries do.