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