Budget and Taxes Economic Justice Press Releases & Statements PRESS RELEASE: GBPI Releases Statement in Response to Georgia’s 2023 Report of Revenues and Reserves, Record $10.7 Billion in ‘Undesignated Surplus’ October 17, 2023 / October 18, 2023 by Lauren Frazier ATLANTA, GEORGIA — Today, the Georgia Budget and Policy Institute (GBPI) released a statement in response to Georgia’s year-end FY 2023 report of revenues and reserves. The state raised $37.7 billion in total state funds, substantially exceeding the $32.6 billion estimate made by Gov. Kemp by $5.1 billion. Further, state agencies remitted an additional $501 […] Read more » Budget Alignment Budget Imbalance Budget Recommendations child care Financial Investment Fiscal Analysis Fiscal Policy FY 2024 Projection FY2023 Georgia Finances georgia-budget governor kemp health-care rainy day fund Reserve Accounts Revenue And Reserves Revenue Shortfall Reserve School Buses State Budget State Government Surplus Funds Tax Revenue Drop Tax Revenues Undesignated Reserves Workforce Needs
