This policy report is coauthored by Danny Kanso, Senior Tax & Budget Policy Analyst & Alex Camardelle, Senior Economic Mobility Policy Analyst Key Takeaways Georgia collects no corporate income tax revenue from the vast majority of businesses. Due
Compared to the Fiscal Year (FY) 2020 budget, which was approved before the COVID-19 pandemic, Georgia’s FY 2022 budget, which takes effect July 1, 2021, includes $1.2 billion in continued budget cuts due to a state revenue shortfall caused
Co-authored by Jennifer Lee, senior policy analyst for higher education Casino gambling is not a stable, adequate or fair source of revenue. In addition to being highly volatile, the legalization of casino gambling could cause significant harm to
The steep budget cuts currently enacted in Georgia are keeping families from being able to recover from the COVID-19 pandemic and thrive. We will rebound faster if we keep money flowing to communities. Use this toolkit to help advocate for
Amid the COVID-19 pandemic, which has plunged Georgia’s economy into recession and driven many of the state’s thinly staffed agencies to the brink, Gov. Brian P. Kemp’s proposed budget for Fiscal Year (FY) 2022 maintains $697 million in
As of August 1, 2020, the federal fiscal response to the COVID-19 pandemic includes two major legislative packages: the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). FFCRA funded free COVID-19 testing,
Budget Basics Georgia’s 2021 fiscal year runs July 1, 2020 through June 30, 2021. The total budget available to the state is $48.2 billion. That includes $25.9 billion in state funding, $15.1 billion in federal funding and $7.1 billion in
The $25.9 billion state budget signed into law by Gov. Brian Kemp for the 2021 fiscal year starting July 1, 2020, represents a $2.2 billion overall decrease in state spending from last year. To implement the cuts, most state agencies
Each year, the Georgia Budget and Policy Institute analyzes tax legislation passed by the General Assembly and tallies estimated costs and new revenues in our two-part Adding Up the Fiscal Notes series. This analysis is a snapshot of
As a result of the COVID-19 pandemic, Georgia is facing an economic and fiscal crisis that threatens the state’s ability to fund critically needed programs and services. A state budget shortfall of $3 to $4 billion is projected in fiscal
Georgia Budget & Policy Institute
