Florida forced to stagger timing of payments

TALLAHASSEE, Fla. (AP) — Florida is being forced to stagger payments to schools and health care providers because of limits with its 30-year old computer-based accounting system.

State officials took the drastic actions because the current system can’t pay out $1 billion or more in a single 24-hour period. The state was forced to delay payments twice in June because it had gone over the daily limit.