Executive Summary Georgians deserve a state government that meets its obligations fully. Through a deliberative appropriations process, policymakers can allocate a historic level of resources to address the most critical needs facing Georgia families. The massive amount of
Budget Trends The $32.4 billion state budget signed into law by Gov. Kemp for fiscal year (FY) 2024, which starts July 1, 2023, represents a relatively flat level of spending that remains well below the state’s capacity and falls short
Introduction Georgia’s 2024 fiscal year (FY) runs from July 1, 2023, through June 30, 2024. The total available funding to the state is $55.9 billion. That includes $32.4 billion in state funding, $17.9 billion in federal funding and $11 billion
With Gov. Brian P. Kemp’s signature, Georgia’s Fiscal Year (FY) 2024 budget became law ahead of the state’s next fiscal year, which begins on July 1, 2023. However, Gov. Kemp’s approval of the spending plan was accompanied by a wave
Introduction After two consecutive years of record budget surpluses—generated in part by persistent austerity—Gov. Brian P. Kemp’s proposed $32.5 billion budget for Fiscal Year (FY) 2024 offers a muted response to deep deficits in the capacity of state government to
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
House Bill 1437, signed into law by Gov. Kemp after a final version emerged during the last hours of Sine Die 2022, sets Georgia on course to make fundamental changes to its income tax that primarily benefit the
Key Takeaways Members of the House and Senate are debating a series of major changes to Georgia’s personal income tax in HB 1437. Proposals to shift Georgia’s current graduated income tax, where rates increase from 1 to 5.75 percent as
At a time when leading Georgia lawmakers have the option to better fund core services that promote economic opportunity or enact broadly popular tax cuts for low- and middle-income Georgians, the General Assembly is instead advancing legislation (House Bill 1437)
Members of the Georgia General Assembly are considering House Bill 1437 (LC 43 2318S), legislation that would fundamentally change the structure of the tax code and result in disproportionately large tax cuts for the wealthiest while hundreds of
The budget primer outlines the state budget for the year, recognizes substantial changes from the preceding year and provides a clear-eyed view on what lawmakers have prioritized for our state. This year, there will also be a focus on budget trends over the full eight years of Gov. Kemp’s tenure as we prepare for Georgia’s next leaders to take office.
Our budget primer is slated to be published the first day of the fiscal year, July 1. Join us for our virtual town hall to discuss our data, or request a physical copy of the primer to be sent to your address.
Submit public comment on Georgia’s Pathways to Coverage program extension by February 20th – just complete this easily fillable form:
