GBPI In The News Georgia Gov. Brian Kemp dangles the possibility of increased state spending after years of surpluses August 2, 2023 / August 9, 2023 by Anthony Hill ATLANTA (AP) — Georgia Gov. Brian Kemp said Wednesday he’s ready to loosen the purse strings after years of huge budget surpluses, reaped partly by holding down spending despite strong state revenue. In a yearly memo that kicks off the state budget process, Richard Dunn, director of the Office of Planning and Budget, told state […] Read more » Budget Surplus revenue estimate tax and budget
Budget and Taxes Press Releases & Statements RELEASE: GBPI Releases Statement in Response to Georgia’s Year-End FY 2023 Revenue Report, $4.8 billion in taxes collected above Gov Kemp’s Revenue Estimate July 12, 2023 / September 12, 2023 by Anthony Hill PRESS RELEASE: GBPI Releases Statement in Response to Georgia’s Year-End FY 2023 Revenue Report, $4.8 billion in taxes collected above Gov Kemp’s Revenue Estimate ATLANTA, GEORGIA — Today, the Georgia Budget and Policy Institute (GBPI) released a statement in response to Georgia’s year-end FY 2023 revenue report. The Department of Revenue collected $33.1 billion in […] Read more » Press Release revenue estimate tax and budget
GBPI In The News Still in the money: Georgia government will pocket another $5 billion budget surplus July 12, 2023 / July 31, 2023 by Anthony Hill Georgia will collect another $5 billion in surplus revenue after the just-concluded budget year, which could leave lawmakers and Gov. Brian Kemp with more than $10 billion in extra cash to spend, invest or give back to taxpayers. That’s about $1,000 for every Georgia resident. It’s the third year of huge surpluses, after $3.7 billion […] Read more » Budget Surplus revenue estimate tax and budget
GBPI In The News Taxes in Georgia fall in April, but budget picture still bright May 10, 2023 / May 19, 2023 by Anthony Hill Georgia remains on track for another budget surplus, even after the state’s tax revenues fell in April. The state has collected $27.8 billion in General Fund revenue through April, according to figures released Tuesday by Gov. Brian Kemp. That’s only about 1% more than last year, with revenue growth slowing down after running red hot […] Read more » Budget Surplus revenue estimate Revenue Shortfall Reserve surplus tax and budget
