Tallahassee — Gov. Ron DeSantis approved an austere $115 billion spending plan on the last day of the fiscal year Monday, one that is less than the current budget yet still delivers almost $1 billion in tax savings for Florida businesses.

Ron DeSantis signed a roughly $115 billion budget into law, after vetoing nearly $600 million in spending. The spending plan is about $3 billion less than the current year, and comes after a protracted negotiation between the House and Senate over tax cuts that delayed its approval.

Gov. Ron DeSantis signed the budget for the 2025-26 fiscal year on Monday. DeSantis touted about $2 billion in tax cuts included in this year's package, while promising future action on property taxes. WILDWOOD, Fla. - Gov. Ron DeSantis signed the state budget into law on Monday, the last day before the 2025-26 fiscal year begins.