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Florida faces $1.2 billion education shortfall

Photo Credit: Kain Kalju

A triple threat of factors will have Florida lawmakers scrambling to close a projected $1.2 billion shortfall in pre-K-12 funding if the state is to keep the same funding level for the 2012-2013 fiscal year. 

The gap stems from the end of federal stimulus dollars, a decrease in property tax collection expectations and a jump in the expected enrollment for the 2012-2013 school year.

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