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State economists project Florida will have a $3.8 billion surplus in the next fiscal year.

This surplus, however, is followed by projected shortfalls of $1.5 billion and $6.6 billion in subsequent years.

Future deficits are driven by anticipated spending increases in areas like Medicaid, education, and state worker health insurance.

State economists project Florida will have a $3.8 billion surplus in the next fiscal year, but that’s followed by shortfalls of $1.5 billion and $6.6 billion in the following years if spending trends from the last three years continue.

The numbers come from the Long-Range Financial Outlook , a document prepared each year by state economists to estimate the future revenues and spending for the next three fiscal years, based on the

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