Budget and Taxes Cash and Safety Net Reports State Budget Slashes Services for Children, Poor, and the Elderly June 15, 2010 / January 15, 2020 by GBPI Staff Responding to Georgia’s low projected revenues for this upcoming fiscal year, Georgia legislators and the governor agreed to cut $33.5 million in State General Funds from the Department of Human Services (DHS) fiscal year 2011 General Budget compared to the current year’s enacted budget. Download the PDF. Read more » Department of Human Services Economic Security Report Safety Net State Budget
Budget and Taxes Policy Areas Reports Adding Up the Fiscal Notes: House and Senate Improve Short-Term Fiances, but Pass Revenue Drains on Future Budgets May 17, 2010 / January 15, 2020 by GBPI Staff The General Assembly took some positive steps to address the $5 billion deficit. However, they continued passing long-term tax cuts during this Great Recession ($624 million a year), disregarded other revenue options, and shifted the cost of services onto the middle- and low- income. If the gov vetoes HBs 1023 and 1069, he will prevent […] Read more » Adding Up the Fiscal Notes budget deficit HB 1023 HB 1069 House Bill 1023 House Bill 1069 Report State Budget State Taxes
Budget and Taxes Policy Areas Reports Major Differences Between House and Senate Fiscal Year 2011 Budgets April 22, 2010 / January 15, 2020 by GBPI Staff Both the House and Senate largely kept the governor’s cuts for this current fiscal year and what he proposed for next year in their FY 2011 budgets. This report highlights the differences between the two chambers. Download PDF. Read more » FY 2011 Report State Budget
Budget and Taxes Policy Areas Reports House Bill 1198 Eliminates $21 Million in Tax Credits for 1 Million of the Poorest Georgians April 22, 2010 / January 15, 2020 by GBPI Staff This report documents the Senate’s amendment to a house bill that raises taxes on the poorest during this recession, but leaves intact a credit for corporations. It includes a chart showing that low and middle-income Georgians already pay a higher portion of their income in taxes than wealthy Georgians. Download the PDF. Read more » HB 1198 House Bill 1198 Report State Taxes
Budget and Taxes Policy Areas Reports Overview of the House of Representatives Proposed FY 2011 Budget April 16, 2010 / January 15, 2020 by GBPI Staff The House’s version of the FY 2011 budget balances the budget by incorporating additional budget cuts than that of the governor’s proposed FY 2011 budget. Compared to the pre-recession FY 2009 budget, the House version includes cuts totaling 17.8 percent, or $3.6 billion. In the long term, and in light of billion $ deficit projected […] Read more » budget deficit FY 2011 Report State Budget
Budget and Taxes Reports House Bill 1219 Singles Out the Poorest Georgians to Tax March 24, 2010 / January 15, 2020 by GBPI Staff More than 1 million Georgia taxpayers claimed the Low Income Tax Credit in 2007, receiving $29 million in credits. If legislators eliminate the refundable portion of the credit, they will be cutting the Low Income Tax Credit by two-thirds, lowering the total credits to low-income Georgians by $21.8 million, according to the fiscal note to […] Read more » HB 1219 House Bill 1219 Low Income Tax Credit Report State Taxes
Budget and Taxes Policy Areas Reports Sensible Tax Change to State Income Tax Would Raise $450 Million March 11, 2010 / October 13, 2026 by GBPI Staff Download PDF Georgia is one of a few states that allows a deduction for state income taxes for filers who itemize. Repealing it would bring in an estimated $450 million, which in K-12 education alone, could have prevented the six furlough days and additional cuts to the education funding formula in the amended budget. Repealing […] Read more » Budget & Taxes Income Tax Report State Budget state income tax State Taxes
Budget and Taxes K-12 Education Policy Areas Reports Highlights of the Governor’s FY 2011 Education Budget Proposals January 27, 2010 / October 13, 2026 by GBPI Staff Download PDF Education does not escape the governor’s proposed cuts to agencies for the upcoming year. Adjusted for inflation, per student state spending on K-12 education and the University System will fall to their lowest levels in a decade. Read more » Education FY 2011 K-12 Report State Budget University System
Budget and Taxes Cash and Safety Net Reports Highlights of the Governor’s FY 2011 Department of Human Services Budget Proposals January 27, 2010 / October 13, 2026 by GBPI Staff Download PDF The Department of Human Services is facing a wide variety of budget cuts in the FY 2011 budget proposal. These cuts come on top of the cuts already implemented in the FY 2010 budget. Read more » Department of Human Services Economic Security FY 2010 FY 2011 Report Safety Net State Budget
Budget and Taxes Policy Areas Reports Overview of the Governor’s Proposed FY 2010 Amended Budget and the FY 2011 Budget January 25, 2010 / October 13, 2026 by GBPI Staff Download PDF Due to the “Great Recession,” state revenues have continued to decline through the first six months of the current fiscal year (FY 2010). This decline is resulting in a FY 2010 budget shortfall of an additional $1.4 billion, for a total FY 2010 budget shortfall of $4.6 billion. Read more » FY 2010 FY 2011 Report State Budget
