Budget and Taxes Fact Sheets Policy Areas Increasing the Tobacco Tax Brings Signficant Revenue, Prevents Cuts March 17, 2010 / January 15, 2020 by GBPI Staff Georgia’s Tobacco Revenue is likely to more than double if HB 39 passes, despite declining sales without new revenues, Georgia is facing multi-billion dollar deficits in FY 2011 and FY 2012. The state is already experiencing deep cuts to essential services. Lawmakers should pass House Bill 39 as part of a balanced approach to addressing […] Read more » budget deficit Fact Sheet FY 2011 FY 2012 HB 39 House Bill 39 State Taxes Tobacco Tax
Budget and Taxes Fact Sheets Policy Areas Georgia Has Many Revenue Options Other Than Deep Cuts March 3, 2010 / January 15, 2020 by GBPI Staff Georgia Has Many Revenue Options Available: Lawmakers should avoid harming Georgia’s economy more by slashing vital services and decimating state government. Download the PDF. Read more » Budget Budget & Taxes Budget Cuts Fact Sheet frevenue options State Budget
Budget and Taxes Fact Sheets Policy Areas Spending Cuts Harm Georgia’s Economy More Than Targeted Tax Increases March 3, 2010 / January 15, 2020 by GBPI Staff Lawmakers should close the deficit and protect local economies by raising more revenues: “It is important not to crush state budgets by relying solely on spending cuts,” said Zandi of Moody’s Economy.com. Download the PDF. Read more » budget deficit Fact Sheet spending cuts State Budget State Taxes tax increases
Budget and Taxes Fact Sheets Policy Areas Cutting Education Is NOT the Only Option February 24, 2010 / January 15, 2020 by GBPI Staff Education comprises more than 50 percent of state spending; therefore, if lawmakers refuse to add new revenues to the state budget, the likely consequences for years to come are: larger class sizes in K-12 schools, less school days for some K-12 schools, more adjunct faculty at colleges and universities instead of full-time faculty, cuts in […] Read more » Education Fact Sheet State Budget
Budget and Taxes Fact Sheets Policy Areas Deep Cuts in the Frontline February 23, 2010 / January 15, 2020 by GBPI Staff The governor’s proposed state budget cuts for fiscal year 2011 total $116.5 million, or 18.2 percent, of the Department of Human Services’ (DHS) budget. Download the PDF. Read more » Budget Budget & Taxes Budget Cuts Department of Human Services Fact Sheet State Budget
Budget and Taxes Fact Sheets Policy Areas Why Revenues are Falling and What Georgia Can do About It February 12, 2010 / January 15, 2020 by GBPI Staff The state budget deficit is due to a lack of revenues. State revenue collections, as a percentage of personal income, have declined dramatically over the past 10 years. As Georgians’ incomes have increased, the amount the state collects has not kept pace.Without new revenues, Georgia is facing an additional $2.6 billion deficit in FY 2012, […] Read more » budget deficit Fact Sheet revenues State Budget
Budget and Taxes Fact Sheets Policy Areas The Only Solution to Georgia’s Multi-Billion Dollar Shortfall Is a Balanced Approach February 12, 2010 / January 15, 2020 by GBPI Staff Georgia’s budget crisis is not due to funding the wrong priorities or waste and inefficiency. Georgia has a revenue problem. To avoid devastating cuts to such vital government services as education, healthcare, and public safety, Georgia needs a balanced approach to the budget crisis, an approach that includes additional revenues, not just budget cuts. Download […] Read more » budget deficit Fact Sheet revenues State Budget
Budget and Taxes Fact Sheets Policy Areas Deep Cuts are NOT Georgia’s Only Option February 12, 2010 / January 15, 2020 by GBPI Staff Using a more balanced approach to budgeting would reduce the cuts, such as budgeting additional revenues through increasing the cigarette tax,enacting a new top income tax rate, improving tax collections, suspending or ending tax breaks, increasing fees, and closing corporate loopholes. Without new revenues, Georgia faces an additional $2.6 billion deficit in FY 2012, according […] Read more » Budget & Taxes budget deficit cigarette tax Fact Sheet Income Tax State Budget tax breaks
Budget and Taxes Fact Sheets Policy Areas Rebuilding Georgia’s Rainy Day Fund is Key to Long-Term Budget Stability February 11, 2010 / January 15, 2020 by GBPI Staff Over the next three to five years, the state needs between $1.5 billion and $2 billion in surpluses to rebuild the Revenue Shortfall Reserve (RSR). In order to do so, lawmakers should take a balanced approach to state budgeting that includes additional revenues. Download the PDF. Read more » Fact Sheet rainy day fund Revenue Shortfall Reserve RSR State Budget
Budget and Taxes Fact Sheets Policy Areas Governor’s Proposed Budget Cuts Vital Eligibility Workers February 11, 2010 / January 14, 2020 by GBPI Staff The governor’s proposed Department of Human Services (DHS) budget cut 138 eligibility workers in FY 2011. Eligibility workers process applications for Georgians in need of “safety net” supports. Georgia should use new federal funds to increase the number of eligibility caseworkers. Download the PDF. Read more » Budget Budget & Taxes Budget Cuts Department of Human Services Fact Sheet State Budget
