Daniel Kanso, PhD GBPI In The News Press Georgia’s net tax collections decreased in February March 12, 2024 / March 14, 2024 by Daniel Kanso, PhD (The Center Square) — Georgia’s February net tax collections decreased by 4.3% or $92.3 million from a year ago, but year-to-date collections remain above last year thanks to the state reinstating the gas tax. According to a news release, monthly collections totaled more than $2 billion, and year-to-date net tax revenue surpassed $21.1 billion, a […] Read more » budget and taxes Budget Surplus GBPI Georgia Georgia Lawmakers Georgia legislation surplus
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
Blog Budget and Taxes Daniel Kanso, PhD With Record Surplus, Georgia Stands at a Crossroads Ahead of Pivotal Budget Session August 2, 2022 / August 1, 2022 by Daniel Kanso, PhD | 1 Comment on With Record Surplus, Georgia Stands at a Crossroads Ahead of Pivotal Budget Session Last month, Georgia’s Department of Revenue released its report of unaudited tax collections for Fiscal Year (FY) 2022, which ended on June 30, indicating that the state will once again run a surplus that leaves it with a record level of cash on hand and a full Revenue Shortfall Reserve (RSR) that acts as the […] Read more » Budget Budget & Taxes revenue Revenue Shortfall Reserve surplus
