Budget and Taxes Press Press Releases & Statements PRESS RELEASE: Georgia Budget and Policy Institute (GBPI) Analyzes Governor Kemp’s FY 2025 Budget Proposals: A Closer Look at Surpluses, Investments, and Opportunities January 18, 2024 / January 23, 2024 by Lauren Frazier ATLANTA, GEORGIA – The Georgia Budget and Policy Institute (GBPI) has conducted a comprehensive analysis of Governor Brian P. Kemp’s Fiscal Year (FY) 2025 budget proposals, revealing a landscape of record surpluses, strategic investments, and potential opportunities for Georgia’s future. Over the past three years, Georgia has witnessed unprecedented budget surpluses, leading to substantial additions […] Read more » budget and taxes budget practices Budget Surplus Economic Recovery equitable growth fiscal management Fiscal Policy Georgia Economy georgia-budget revenue estimates revenue growth state investments state spending state workforce Surplus Funds transparency Undesignated Reserves
Budget and Taxes Daniel Kanso, PhD Reports Overview of Georgia’s 2025 Fiscal Year Budget January 18, 2024 / January 18, 2024 by Daniel Kanso, PhD Introduction Over the last three years, Georgia has generated record budget surpluses. These surpluses have resulted in the state adding between 15 to 23% of total General Fund expenditures to its reserve accounts annually, reflecting unprecedented underestimates of state revenue collections. This year, Governor Brian P. Kemp’s $36.1 billion Fiscal Year (FY) 2025 budget proposal […] Read more » Budget Budget & Taxes Budget Surplus State Budget