Florida has enough cash on hand to make it through the end of this fiscal year and, beyond that, can manage what are expected to be major coronavirus-created revenue losses through budget cuts, reserves and federal funds, the head of state bond financing told investors this week.

Florida Division of Bond Finance Director Ben Watkins issued a “voluntary disclosure” on Tuesday, laying out a road map for how Gov. Ron DeSantis and the Legislature can deal with the impact of businesses shutting down or scaling back on state sales-tax collections, which comprise about 75% of general revenue.