Budget and Taxes Budget Primer Daniel Kanso, PhD Reports Georgia Revenue Primer for State Fiscal Year 2025 August 8, 2024 / August 28, 2024 by Daniel Kanso, PhD The 20-Year View Before the Great Recession, adjusting for inflation, Georgia spent about $3,080 per person in FY 2006. Under the 2025 budget, the state will spend about $142 more per person, $1.6 billion more than if spending had kept pace with population and inflation growth. It represents a real growth rate of 0.2% per […] Read more » agency funds budget allocation budget impact budget legislation budget process education-funding federal funding funding sources Georgia fiscal year Georgia residents georgia-budget health care funding racist policies revenue system state funding transportation-funding
GBPI In The News Press State set to roll out more money to help school districts pay to bus students to school January 12, 2024 / January 16, 2024 by Lauren Frazier Every weekday morning and afternoon, a fleet of yellow buses rolls out all over the state, picking up and dropping off Georgia students. Keeping all those wheels turning isn’t cheap – Georgia’s school districts combined spend more than $1.2 billion to safely shuttle kids between school and home – and costs are only getting higher […] Read more » 2024 legislative session bonuses Budget & Taxes budget legislation Education fiscal management Fiscal Policy fiscal year 2024 GBPI Georgia K-12 K-12 schools pay raises School Buses school funding
GBPI In The News Press Kemp proposes pay hikes for 300,000 Georgia teachers, state employees January 11, 2024 / January 16, 2024 by Lauren Frazier Gov. Brian Kemp on Thursday made it clear the state won’t be hitting the brakes on its recent record spending, promising 4% raises for many state workers, more money for law enforcement, education and mental health programs, and $500 million to prop up the employees pension system. Sitting on $16 billion in “rainy day” and undesignated […] Read more » bonuses Budget & Taxes budget legislation Education fiscal management Fiscal Policy fiscal year 2024 GBPI Georgia pay raises
Budget and Taxes Budget Primer Daniel Kanso, PhD Reports Georgia Revenue Primer for State Fiscal Year 2024 June 27, 2023 / July 3, 2023 by Daniel Kanso, PhD | 1 Comment on Georgia Revenue Primer for State Fiscal Year 2024 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 in agency funds and state employee benefit plan transfers. Before the Great Recession, adjusting for […] Read more » agency funds budget allocation budget impact budget legislation budget process education-funding federal funding funding sources Georgia fiscal year Georgia residents georgia-budget health care funding racist policies revenue system state funding transportation-funding