BRADENTON, Fla. — The Florida House Policy and Budget Council learned last week that revenues now are forecast to be $2.6 billion short of projections for the current budget and $3.6 billion less than anticipated for fiscal 2009.

Lawmakers also were told that due largely to declining revenues, the state has no additional borrowing capacity for the next three fiscal years beyond already authorized bond programs unless the Legislature votes to exceed its self-imposed cap on debt issuance.

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