TALLAHASSEE, Fla. -

Florida's teachers are going to get a pay raise, but it won't be coming until next year.

House and Senate budget negotiators finished their work late Sunday night. One of the last items agreed to was a pay raise package for the state's teachers.

But teachers won't get a raise until June 2014.

And how much teachers get will be based on their performance. Teachers ranked as effective will be eligible for a $2,500 pay raise, while those ranked as highly effective would be eligible for $3,500.

Lawmakers have set aside $480 million for the raises, which would also be available to principals, assistant principals, librarians and guidance counselors.

Gov. Rick Scott asked for a $2,500, across-the-board pay raise for all teachers.