Florida Rail Enterprise

Budgetary Authority
Section 341.303(6)(a), Florida Statutes, specifically requires that the Florida Rail Enterprise shall be a single budget entity and shall develop a budget in accordance with Chapter 216. § 341.303(6)(a), Fla. Stat. Further, "[t]he enterprise's budget shall be submitted to the Legislature along with the department's budget." As such, the Enterprise's funding is controlled by the Legislature, not the Governor.

The Florida Rail Act specifically creates a dedicated funding source of $60 million per year to the Florida Rail Enterprise beginning in 2014 from documentary stamp tax revenues allocated to the State Transportation Trust Fund. Section 20 1.15( 1)( c), Fla. Stat.