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, according to the governor. Download the PDF.
Georgia sees its tax collections dip again in March
Danny Kanso
April 16, 2024
THE CENTER SQUARE — Georgia officials again reported decreased net tax collections, though overall, the
