GBPI In The News Press State set to roll out more money to help school districts pay to bus students to school January 12, 2024 / January 16, 2024 by Lauren Frazier Every weekday morning and afternoon, a fleet of yellow buses rolls out all over the state, picking up and dropping off Georgia students. Keeping all those wheels turning isn’t cheap – Georgia’s school districts combined spend more than $1.2 billion to safely shuttle kids between school and home – and costs are only getting higher […] Read more » 2024 legislative session bonuses Budget & Taxes budget legislation Education fiscal management Fiscal Policy fiscal year 2024 GBPI Georgia K-12 K-12 schools pay raises School Buses school funding
K-12 Education Press Press Releases & Statements PRESS RELEASE: Georgia Budget and Policy Institute (GBPI) Unveils Insightful Report Titled “What is Chronic Absenteeism” January 9, 2024 by Lauren Frazier GEORGIA – The Georgia Budget and Policy Institute (GBPI) announces the release of its comprehensive report, “What is Chronic Absenteeism,” shedding light on the multifaceted factors contributing to K-12 absenteeism. The report, spearheaded by GBPI’s Education Director, Dr. Stephen Owens, delves into crucial aspects such as school transportation, mental health, the lingering impacts of the […] Read more » Budget Surplus early childhood education Fiscal Policy Georgia Economy Georgia schools georgia-budget k-12 education K-12 schools mental health revenue estimates School Buses state investments student poverty student transportation Surplus Funds transparency Undesignated Reserves
GBPI In The News Press Kemp, Georgia lawmakers unveil plan to speed up income tax cut December 4, 2023 / December 14, 2023 by Lauren Frazier Republican state leaders announced Monday that they plan to fast track a planned reduction of the state’s income tax rate. Lawmakers passed a plan last year to gradually phase in reductions to the state’s income tax rate over time if certain economic markers are met. But with the state sitting on a massive surplus, Gov. Brian Kemp […] Read more » 2024 tax Budget Surplus child care Economic Recovery economic stimulus equitable growth federal aid fiscal management Fiscal Policy flat tax Georgia Georgia Economy georgia-budget income tax shift public funds revenue estimates revenue growth School Buses state investments state spending state workforce Surplus Funds Undesignated Reserves Workforce Needs
Budget and Taxes Press Press Releases & Statements PRESS RELEASE: Georgia Budget & Policy Institute Applauds the Work of the Joint Tax Credit Review Panel November 29, 2023 / December 14, 2023 by Lauren Frazier ATLANTA, GEORGIA – Today, the Joint Tax Credit Review Panel of the 2023 Georgia General Assembly held their final public meeting at the capital as part of their statewide tour. This panel was Co-Chaired by Representative Shaw Blackmon (Chair, House Ways and Means Committee) and Senator Chuck Hufstetler (Chair, Senate Finance Committee). The Georgia Budget and Policy […] Read more » bonuses budget and taxes budget practices Budget Surplus child care Economic Recovery economic stimulus equitable growth federal aid fiscal management Fiscal Policy Georgia Economy georgia-budget public funds revenue estimates revenue growth School Buses state investments state spending state workforce Surplus Funds transparency Undesignated Reserves Workforce Needs
GBPI In The News Press Georgia schools superintendent eyes revamped funding approach in 2024 legislative session November 14, 2023 / December 14, 2023 by Lauren Frazier Public schools make up the biggest portion of Georgia’s state budget, so when lawmakers head to Atlanta each January to fund the government and pass new laws, education always has a prominent role. This January could see delivery on efforts to make students living in poverty a priority in the state’s funding formula, new pay […] Read more » Budget Surplus early care and education education budget fiscal management Fiscal Policy fiscal year 2024 FY 2024 georgia-budget k-12 education public funds public school school budget School Buses state investments state spending Surplus Funds Undesignated Reserves
GBPI In The News Press What to do with $16 billion: child care, bonuses, school buses, tax cuts? October 31, 2023 / November 7, 2023 by Lauren Frazier When the state announced earlier this month that it was sitting on a mountain of tax money, the one given, considering how Gov. Brian Kemp and Republican legislative leaders have reacted to past surpluses, is that Georgians will likely be in for more tax rebates in 2024 unless the economy seriously tanks. But a new report released […] Read more » Budget Surplus child care Economic Recovery economic stimulus equitable growth federal aid fiscal management Fiscal Policy Georgia Economy georgia-budget public funds revenue estimates revenue growth School Buses state investments state spending state workforce Surplus Funds Undesignated Reserves Workforce Needs
Budget and Taxes Press Press Releases & Statements PRESS RELEASE: Georgia Budget & Policy Institute Publishes New Report on Georgia’s $16 Billion Surplus October 31, 2023 / October 31, 2023 by Lauren Frazier ATLANTA, GEORGIA – Danny Kanso, Senior Fiscal Analyst at the Georgia Budget & Policy Institute, has recently published a report on Georgia’s staggering surplus of $16 billion, as of the close of Fiscal Year (FY) 2023. Managing a surplus of this scale creates new challenges outside the traditional framework of Georgia’s system of annual budgeting […] Read more » bonuses budget practices Budget Surplus child care Economic Recovery economic stimulus equitable growth federal aid fiscal management Fiscal Policy Georgia Economy georgia-budget public funds revenue estimates revenue growth School Buses state investments state spending state workforce Surplus Funds Undesignated Reserves Workforce Needs
Budget and Taxes Daniel Kanso, PhD Economic Justice Education Featured Reports Georgia’s $16 Billion Question: Will the State Equitably Invest in Its People? October 31, 2023 / October 31, 2023 by Daniel Kanso, PhD Executive Summary Georgians deserve a state government that meets its obligations fully. Through a deliberative appropriations process, policymakers can allocate a historic level of resources to address the most critical needs facing Georgia families. The massive amount of general fund reserves held by the state of Georgia—which exceeded $16 billion at the conclusion […] Read more » bonuses budget practices Budget Surplus child care Economic Recovery economic stimulus equitable growth federal aid fiscal management Fiscal Policy Georgia Economy georgia-budget public funds revenue estimates revenue growth School Buses state investments state spending state workforce Surplus Funds Undesignated Reserves Workforce Needs
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
Budget and Taxes Economic Justice Press Releases & Statements PRESS RELEASE: Schools Left with the Bill: Results of GBPI 2023 School District Survey October 16, 2023 / October 19, 2023 by Lauren Frazier ATLANTA, GA – The Georgia Budget & Policy Institute (GBPI), a leading independent research and advocacy organization, has unveiled its highly anticipated 2023 School District Survey Report, shedding light on the state of education funding and its impact on Georgia’s public school districts. Every year, GBPI reaches out to public school superintendents across the state to […] Read more » Budget Recommendations Education Financial Investment Fiscal Analysis Fiscal Policy Georgia Finances georgia-budget Revenue And Reserves School Buses State Budget State Government Surplus Funds Tax Revenue Drop Tax Revenues Undesignated Reserves