Day: January 18, 2024

PRESS RELEASE: Georgia Budget and Policy Institute (GBPI) Analyzes Governor Kemp’s FY 2025 Budget Proposals: A Closer Look at Surpluses, Investments, and Opportunities

Lauren Frazier January 18, 2024

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.

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Overview of Georgia’s 2025 Fiscal Year Budget

Danny Kanso January 18, 2024

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

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