birddog

Florida Legislature Finalizes $115B Budget Including $1.7B for Tallahassee Healthcare Facility

Florida lawmakers finalized a nearly $115 billion state budget deal that includes $1.7 billion for Tallahassee Memorial Healthcare and $514 million for Everglades restoration.

By Colin Percy · May 26, 2026

Florida House and Senate leaders have reached a final agreement on a state budget for the fiscal year beginning July 1, totaling nearly $115 billion. The deal follows a special session and settles a long-standing impasse between the two chambers regarding spending levels, education funding, and environmental initiatives. The budget is scheduled for a formal vote this Friday before heading to Governor Ron DeSantis.

The approved plan allocates significant capital for state-wide projects, including $514 million for Everglades restoration and $425 million for the Rural and Family Lands program. Additionally, the budget authorizes Florida State University to utilize existing funds to support its $1.7 billion investment in Tallahassee Memorial Healthcare over the next 30 years. Other key provisions include $75 million for the AIDS Drug Assistance Program and $20 million for the Cancer Innovation Fund.

Companies mentioned

other

City of Tallahassee

owner

Florida State University

owner

Tallahassee Memorial Healthcare

More news from Florida

Get personalized project alerts in your inbox

Daily emails covering the projects and news that match your service area, building types, and the project stages you bid on.

Free now — first 50 founding members lock in 30% off at launch.

Free. One click to unsubscribe. No tracking pixels.