Florida Budget Problems Worsen Florida's money problems are getting worse. Economists predict the state will collect one billion dollars less than previously expected between now and next July. Lawmakers already cut 1-point-1 billion dollars from the budget in a special session last month and will have to slash again. As our Capitol Reporter Mike Vasilinda tells us, schools worry that a new round of budget cuts could hit them hard. Voters are being asked in January to cut 12 billion dollars from property taxes while being promised schools won't be hurt. But the vote will come just as the state may be forced to dip into its savings account or cut the state budget for the second time this year. Wayne Blanton with the Florida School Boards Association says lawmakers need to find another revenue source… or else. Wayne Blanton, Florida School Boards Association: "I don't see the legislature the public willing to take larger class sizes and teachers not getting any pay raises and overcrowded classrooms again. I don't see that happening. But those are some of the consequences that could come about. " The gambling deal with the Seminole tribe plugs a small amount of the budget hole. Rep. Curtis Richardson, (D) Tallahassee: "There's no question that the additional revenue is needed and will be able to fund some of the programs, fully fund, some of the programs that have been cut." Governor Charlie Crist believes jump-starting the housing market is key. Gov. Charlie Crist: "It's a challenging time. But so long as we maintain education dollars to the classroom for the children, everything will work out." Whether lawmakers wait until regular session to cut the budget again or have another special session..or use savings. Has yet to be decided. Florida sales tax collections have been down for 12 straight months.