BRADENTON, Fla. — Florida does not have capacity to issue any significant new debt within minimum policy guidelines in fiscal 2014, though financial metrics show that the Sunshine state's revenues have recovered better than anticipated, according to an annual Debt Affordability Report.

The report, prepared for the governor and Legislature to use to make annual budget and borrowing decisions, examines the state's policies for measuring, monitoring, and managing outstanding debt and issuing new bonds. This year's annual legislative session begins March 5 and runs through May 2.

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