Thursday, April 07, 2011

Florida Gov Rick Scott OKs last-minute bailout for courts

Gov. Scott approved a $19,487,027 loan to tide the courts over until the end of May. The loan must repaid by the end of June.




Gov. Rick Scott signed off on a loan to state courts to fill a budget shortfall that would have resulted in two-week furloughs.

Scott waited until the last minute to approve the bailout. Palm Beach County’s chief judge Peter Blanc said Scott needed to approve the loan by Friday to prevent the furloughs. The budget deficit was caused by a drop in the number of foreclosure filings, fees from which make up the bulk of the court’s spending.

Scott and Florida Supreme Court Justice Charles Canady reached an agreement this morning, according to a press release issued by the court’s spokesman Craig Waters, to keep the courts running through the end of May.

You can check out the rest here…

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