GBPI In The News Report: Ga. budget shortfall may top $4 billion over next 15 months April 20, 2020 / June 26, 2020 by Alex Welch The state could face at least a $4 billion shortfall over the next 15 months without more federal aid, likely meaning layoffs and furloughs across the government in the coming year, a new report out Monday says. […] The Georgia Budget and Policy Institute report said beyond the initial financial hit due to the coronavirus shutdown […] Read more » Budget COVID-19 danny kanso revenues
Budget and Taxes Wesley Tharpe Governor’s Tax Plan Carries $1 Billion Price February 14, 2018 / January 14, 2020 by Wesley Tharpe | 1 Comment on Governor’s Tax Plan Carries $1 Billion Price – GBPI press statement issued Feb. 20 in response to governor’s revised tax cut plan introduced earlier that day: “Gov. Nathan Deal’s rushed tax cut plan is worrisome because slashing the income tax rate holds the potential for unintended consequences. Nobody knows what the effect of December’s federal tax cuts will be on Georgia next year […] Read more » Budget Budget & Taxes general-assembly Gov. Nathan Deal HB 918 revenues State Budget State Taxes
Author Budget and Taxes Reports Wesley Tharpe Menu of Revenue Options to Pave Way for Georgia’s Rebound January 28, 2013 / January 17, 2020 by Wesley Tharpe Low Revenues Putting Georgia on a Path to Mediocrity Georgia is one of the most under-funded states in the country, but state lawmakers can remedy structural budget shortfalls by implementing revenue options used successfully by other states. Annual deep cuts in state funding the past five years means fewer teachers in Georgia’s classrooms, roads and […] Read more » revenues State Taxes Wesley Tharpe
Blog Budget and Taxes Wesley Tharpe Georgia’s Revenue and Investment Fall to Nationwide Lows September 7, 2012 / January 16, 2020 by Wesley Tharpe When it comes to investing in a prosperous future, Georgia has gone from the middle of the pack in 1989 to near the bottom today. That’s the conclusion of a new report by Georgia State University’s Fiscal Research Center that should be required reading for policymakers who take pride in slashing revenue and spending to […] Read more » Budget Budget & Taxes Budget Cuts revenues State Budget State Taxes Wesley Tharpe
GBPI In The News More budget cuts ahead for state health care, universities August 3, 2012 / January 16, 2020 by GBPI Admin GBPI Executive Director Alan Essig speaks says the state is not raising enough revenue, creating a structural deficit. Read full article here. Read more » Alan Essig revenues
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
