GBPI Releases 2011 Fiscal Notes and Analysis of FY 2012 Budget

FOR IMMEDIATE RELEASE

ATLANTA – The Georgia Budget & Policy Institute releases its annual report, Adding Up the Fiscal Notes, along with analysis of the FY 2012 budget in the areas of education, health care and human services.

As Georgia continues to grapple with its fiscal crisis, a balanced approach to the state budget is needed now more than ever. Over the past few years, Georgia has cut critical state services by more than $2.5 billion. FY 2012 proves to be a continuation of recent trends with almost $500 million in additional cuts included in the enacted FY 2012 budget.

Policymakers are choosing to limit their responses to the state’s fiscal challenges to cuts in services followed by still more cuts; however, a more pragmatic approach is needed. In addition to modernizing Georgia’s current tax system through comprehensive tax reform, policymakers should bring all existing tax breaks into the budget discussion. Only then can policymakers begin to have a reasonable discussion on the investments needed to attract and maintain businesses while providing for the growing needs of all Georgians.

Download the following GBPI reports for more information.

Adding Up the Fiscal Notes 2011: Almost $100 Million Cost to Tax Bills; No Comprehensive Tax Reform

Education: Department of Early Care & Learning, Department of Education, Board of Regents, Technical College System of Georgia

FY 2012 Education Budgets: Serving More With Less

Human Services

Three Years of Deep Cuts: Overview of the Approved FY 2012 DHS Budget

Health Care: Medicaid and PeachCare

FY 2012 Budget Replaces Federal Recovery Funds, Inadequately Funds State Medicaid Program

Health Care: Mental Health & Development Disability

State Adds Funding for Mental Health & Developmental Disability Programs: New State Funds Begin to Implement Lawsuit Settlement Agreement

Health Care: Department of Public Health

FY 2012 Budget Funds New Department of Public Health: Highlights of the Enacted FY 2012 Budget for the Department of Public Health

Additional report released on the Education Special Purpose Location Option Sales Tax for four metro Atlanta schools.

In addition, GBPI releases its report on the Education Special Purpose Location Option Sales Tax (ESPLOST) initiatives  for Atlanta Public Schools, City Schools of Decatur, DeKalb County School System and Fulton County School System. Click here to download the full report.

 

Media Contact:
Utoia Wooten
uwooten@gbpi.org
404.420.1324 ext. 109

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About the Georgia Budget and Policy Institute

GBPI is the state’s leading independent, nonpartisan nonprofit engaged in research and education about the fiscal and economic health of the state of Georgia.  GBPI provides reliable, timely analysis of Georgia’s budget and tax policies, and promotes greater state government fiscal accountability, improved service and an enhanced quality of life for all Georgians.

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