Florida economists Friday maintained that state tax collections continue to pour in at a pace not seen since 2007, but added a fresh caution about the lingering effect of across-the-board federal cuts to military and domestic programs.
The automatic cuts, known as the sequester, began taking effect March 1. Tax collections for this year are expected to climb almost 6 percent, but slow to 4.5 percent in the 2013-14 budget year, which begins July 1, economists said.
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