Florida Gov. Scott: State nearly out of money to lure jobs

Author: Associate Press

TALLAHASSEE, Fla. (AP) – Gov. Rick Scott says the state is nearly out of money to lure companies to Florida.

That’s part of the message that the governor will deliver Thursday to board members of Enterprise Florida, the state’s economic development agency.

Scott and Enterprise Florida officials say that the state has only about $9 million left in the main account it uses to offer incentives for companies. Bill Johnson, the president and CEO of Enterprise Florida, said that money will likely be gone in weeks.

Scott asked the Florida Legislature for $85 million this year, but legislators set aside about half that amount.

Republican legislators contend Enterprise Florida did not need that much because it has not been spending all the money it’s gotten in recent years. But Johnson said the organization is already warning local economic development agencies the state may not be able to help them.

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