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Day: August 2, 2022

With Record Surplus, Georgia Stands at a Crossroads Ahead of Pivotal Budget Session

Blog Budget and Taxes Daniel Kanso, PhD

With Record Surplus, Georgia Stands at a Crossroads Ahead of Pivotal Budget Session

August 2, 2022 / August 1, 2022 by Daniel Kanso, PhD | 1 Comment on With Record Surplus, Georgia Stands at a Crossroads Ahead of Pivotal Budget Session

Last month, Georgia’s Department of Revenue released its report of unaudited tax collections for Fiscal Year (FY) 2022, which ended on June 30, indicating that the state will once again run a surplus that leaves it with a record level of cash on hand and a full Revenue Shortfall Reserve (RSR) that acts as the […]

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Budget Budget & Taxes revenue Revenue Shortfall Reserve surplus

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