Budget and Taxes Coronavirus People Powered Prosperity Toolkits Uncategorized Spread the Word: Raise Revenues for Georgia June 19, 2020 / November 17, 2020 by Jennifer Crane Georgia is facing an economic and fiscal crisis that threatens the state’s ability to fund critically-needed programs and services in health, education and more. A state revenue shortfall of nearly $3 billion is projected in fiscal year 2021, and the state has called for deep budget cuts across the board. But cutting our way out […] Read more » 21budgetcuts raise taxes revenue sample toolkit
GBPI In The News Think tank does the math on coronavirus-driven state budget shortfall April 20, 2020 / June 26, 2020 by Caitlin Highland The economic impacts of coronavirus could put the state government $3 billion to $4 billion in the hole during the next fiscal year, an Atlanta-based public policy think tank warned Monday. Closing such a huge budget shortfall without massive cuts to state agencies and vital services is going to require massive federal assistance, more aggressive […] Read more » Alex Camardelle Budget COVID-19 danny kanso economy revenue
Budget and Taxes Daniel Kanso, PhD Reports Worker Justice Overview of Georgia’s 2021 Fiscal Year Budget January 23, 2020 / January 21, 2021 by Daniel Kanso, PhD | 1 Comment on Overview of Georgia’s 2021 Fiscal Year Budget Overview After a stretch of largely uninterrupted growth that saw state revenues climb by an annual average of 6 percent between fiscal years (FY) 2011 and 2019, many of Georgia’s agencies have been asked to make mandatory spending cuts. Those cuts are in response to slowing economic activity, increased spending driven by Gov. Brian […] Read more » Budget Budget Cuts georgia-budget revenue State Budget State Taxes taxes
Budget and Taxes Reports Wesley Tharpe Georgia State Budget Overview for Fiscal Year 2019 June 29, 2018 / October 13, 2026 by Wesley Tharpe Download PDF Introduction Georgia plans to spend $26.2 billion in state funds raised through taxes and fees for the 2019 fiscal year. The budget plan anticipates a revenue increase of $1.2 billion, or 4.9 percent more than the prior year. Keep in mind when you hear Georgia’s $26.2 billion budget is record-setting that 64 percent […] Read more » Budget Budget & Taxes georgia-budget revenue State Budget State Taxes
Budget and Taxes Reports Wesley Tharpe Legislators Approve Isolated Tax Breaks, Defer Broad Tax Changes April 12, 2017 / January 16, 2020 by Wesley Tharpe Adding Up the Fiscal Notes: Sine Die 2017 Gov. Nathan Deal is set to consider a grab bag of tax revisions approved by state legislators before the end of the 2017 legislative session. At least 10 tax bills with potential to reduce state revenues cleared both the House and Senate and now await action by […] Read more » Income Tax revenue tax breaks
Budget and Taxes Fact Sheets Wesley Tharpe Fact Sheet: Tax Bill Offers Earned Income Tax Credit Upside, Flat Tax Downside February 28, 2017 / January 15, 2020 by Wesley Tharpe Analysis of Substitute Version of House Bill 329 (LC 43 0601S) Updated March 8, 2017 Georgia lawmakers are considering a large income tax proposal that contains a mix of positive reforms and measures that raise significant concerns. Some aspects of the bill including a new Georgia Earned Income Tax Credit (EITC) and modest increases to […] Read more » Income Tax revenue tax breaks
Budget and Taxes Reports Wesley Tharpe Income Tax Bill Offers Earned Income Tax Credit Upside, Flat Tax Downside February 21, 2017 / January 15, 2020 by Wesley Tharpe Bill Analysis: House Bill 329 (LC 43 0564) – Updated February 27, 2017 Members of the Georgia House are set to consider a large income tax proposal that contains a mix of positive reforms and measures that raise significant concerns. Some aspects of the bill offer benefits to working class Georgia families, while others could […] Read more » EITC Income Tax revenue tax breaks
Budget and Taxes Reports Wesley Tharpe Georgia State Budget Overview for Fiscal Year 2017 July 20, 2016 / January 15, 2020 by Wesley Tharpe | 1 Comment on Georgia State Budget Overview for Fiscal Year 2017 Budget Basics Georgia’s 2017 fiscal year is July 1, 2016 through June 30, 2017 and the total budget available to the state is $43.7 billion. That includes $23.7 billion in state funding, $13.7 billion in federal funding and $6.3 billion in other funds. The state budget outlines Georgia’s priorities, how it plans to spend money […] Read more » Budget & Taxes Budget Primer FY2017 Income Tax revenue tax breaks
Blog Budget and Taxes Taifa Smith Butler Healthier State Revenues Provide Opportunities October 16, 2015 / January 17, 2020 by Taifa Smith Butler | 1 Comment on Healthier State Revenues Provide Opportunities The welcome news is state tax revenues are up about 9.4 percent during the first three months of the 2016 fiscal year that started July 1. Georgia’s year-to-date collections total $5.13 billion, up $438.7 million, compared to $4.69 billion last year. When Gov. Nathan Deal unveils his new state budget plan in January, he might […] Read more » revenue State Taxes
Alan Essig Blog Budget and Taxes State Revenues Improve, but Tough Budget Decisions Loom January 10, 2013 / January 17, 2020 by Alan Essig | 1 Comment on State Revenues Improve, but Tough Budget Decisions Loom Posted by Alan Essig Georgia’s December revenue report, out this week, is both good news and bad. The good news is that revenue grew by almost 10 percent in December. The bad news is that’s not enough to avoid more damaging budget cuts, unless lawmakers commit to finding enough revenue to meet Georgia’s pressing needs. […] Read more » Alan Essig revenue State Budget State revenues