BRADENTON, Fla. — Florida lawmakers shortly before midnight Monday reached a compromise on a $70 billion budget for 2011, an increase of $3.5 billion over the current year.

The spending plan relies on funds from a recently passed Indian gaming compact, more than $2 billion in federal stimulus funding allocated for use in fiscal 2011, and $600 million from children’s health programs. It also dips into reserves of the state Department of Transportation and other agencies for a second year.

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