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J.D. Alexander, Denise Grimsley Reach Compromise on Budget

The House and Senate budget chiefs, Sen. J.D. Alexander, R-Lake Wales, and Rep. Denise Grimsley, R-Sebring, reached agreement on a fiscal plan Monday.

The full $70 billion spending plan, which will include money to break USF-Polytechnic in Lakeland into the states 12th university, will be released Tuesday.

By having the budget ready Tuesday, legislators will be able to cast final votes on the fiscal plan on Friday, the last scheduled day of the regular 60-day session.

The budget must also be signed by Gov. Rick Scott.

The fiscal year begins July 1, 2012.

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