Florida’s chief financial officer warned Hurricane Milton could cause damage totaling up to $20 billion in the state as the Category 4 storm continues to churn toward the Florida Gulf Coast.
Milton is forecast to strike near the Tampa Bay area late Wednesday or early Thursday, according to forecast models from the National Hurricane Center. While it has weakened from a category 5, officials say the storm is expected to hit the state as a major hurricane, meaning a Category 3 or greater.
Jimmy Patronis, the state’s CFO and fire marshal, told Fox Business that the expected damage is contingent on the exact location of where the storm makes landfall….