Tag: Budget & Taxes

Overview of Georgia’s 2024 Fiscal Year Budget

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

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Georgia Revenue Primer for State Fiscal Year 2023

Introduction Georgia plans to spend $30.2 billion in state money raised through taxes and fees for the 2023 fiscal year. This budget largely reflects a restoration of previous COVID-era budget cuts and represented a unique opportunity to invest in state

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Overview of Georgia’s 2023 Fiscal Year Budget

    Powered by unprecedented federal support to mitigate the economic fallout of the COVID-19 pandemic, Gov. Kemp’s proposed Fiscal Year (FY) 2023 budget presents a sharp reversal from the deep budget cuts implemented during FY 2021-22. It includes an

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Georgia Revenue Primer for State Fiscal Year 2022

Introduction Georgia plans to spend $27.3 billion in state money raised through taxes and fees for the 2022 fiscal year. The budget maintains nearly $850 million in cuts from FY 2020 levels, a reduction equivalent to cutting approximately 4 percent

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Overview of Georgia’s 2022 Fiscal Year Budget

    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

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