State Budget

Income Tax Legislation Threatens Georgia’s Stellar Bond Rating

March 14, 2016
Managing Georgia’s finances in a responsible way is one of the most sober and sacred responsibilities of state lawmakers. Families and businesses in Georgia’s largest cities and smallest towns can’t thrive unless lawmakers are able to raise sufficient tax revenue, or to borrow money at decent rates. Our elected state… [Read more]

Senate Adds $10 M Startup Fund, Boosts Nurse Pay in Revised Budget Today

March 10, 2016
The Georgia Senate passed the latest version of the state’s $23.7 billion budget for the fiscal year that starts in July, with the biggest addition a $10 million injection into the Invest Georgia economic development program. For the most part, senators only tinkered with the spending plan passed by the… [Read more]

Adding Up 2016: Tax Breaks, Income Tax Cuts Could Harm Georgia Finances

March 9, 2016
A variety of tax bills await further consideration by state legislators as the Georgia General Assembly enters its final few weeks of the 2016 session. There are 11 tax bills affecting state revenues still alive after Crossover Day, the point where bills must clear at least one legislative chamber to… [Read more]

Fact Sheet: House Bill 238 gives hands a big tax break to a small sliver of wealthy Georgians

March 4, 2016
House Bill 238 gives hard working middle-class families just a few extra dollars a month, yet hands a big tax break to a small sliver of wealthy Georgians Georgia’s tax system falls most sharply on low- and moderate-income families. HB 238 does nothing to change that. The 80 percent of… [Read more]

Tax cut proposal to benefit wealthiest Georgians, jeopardize funding for schools, roads and more

March 4, 2016
Twin income tax cut proposals that promise a big tax break for wealthy Georgians and little for everyone else are careening toward legislative approval this month. If enacted, House Bill 238 and Senate Resolution 756 will stymie Georgia’s investment in quality public schools, hospitals, services for children and seniors, and… [Read more]

Threat to Georgia’s Finances Gains Steam as Constitutional Amendment to Slash State Income Tax Nears Crossover Day

February 26, 2016
Most Georgia families stand to lose if twin proposals to slash the state income tax stay on track to pass the General Assembly this year. Midnight Monday Feb. 29, or crossover day, is the target for supporters of a constitutional amendment to drastically shift the state away from a balanced… [Read more]

Senate Resolution 756 threatens to disrupt Georgia’s long-term finances

February 26, 2016
Senate Resolution 756 threatens to undermine Georgia’s ability to remain an attractive state for families and businesses. Passing the amendment creates a rigid formula in Georgia’s constitution that inflicts a series of never-ending automatic revenue cuts based on arbitrary targets. This formula is harmful to Georgia’s growth, especially if coupled… [Read more]

Slashing Income Tax Delivers Meager Benefit to Most, Jeopardizes Public Services

February 26, 2016
Bill Analysis: House Bill 238 (LC 34 4895S) Georgia lawmakers are considering a pair of proposals that offer a miniscule tax cut to the majority of Georgia families and a massive benefit to the highest-income individuals who need it least, while jeopardizing lawmakers’ ability to meet the needs of a… [Read more]

School Workers, State Retirees Make Gains in 2017 House Budget Passed Today

February 19, 2016
The Georgia House of Representatives today proposed increased benefits for state retirees and expanding raises to public school support workers as it put its own touches on the governor’s proposed $23.7 billion budget for 2017. State senators get a chance as soon as next week to insert their chamber’s priorities,… [Read more]

Overview of Georgia’s 2017 Fiscal Year Budget

January 20, 2016
The $23.7 billion state budget proposed by Gov. Nathan Deal for the 2017 fiscal year represents a high water mark for state spending in a single year. The governor proposes a $1.9 billion increase in total state spending compared to the 2016 budget, but only returns overall state spending to… [Read more]