State Of Georgia 2025 Budget Highlights. Gov. Brian Kemp Signs FY 2025 State Budget With Major New Investments YouTube economy continues to outperform the nation as Georgia remains the number one state in which to do business for an unprecedented 11th year House Bill 67, the Amended Fiscal Year 2025 budget, is set by a revised revenue estimate of $40.5 billion
Overview of 2025 Fiscal Year Budget Budget and Policy Institute from gbpi.org
and reliably across the state is a major reason why Georgia remains competitive These documents contain financial summaries and budget highlights.
Overview of 2025 Fiscal Year Budget Budget and Policy Institute
Our AAA credit rating, low unemployment, strong GDP, and reserve balances are the envy of other states and send a strong message to prospective businesses that Georgia is a safe and reliable state FY 2025 State Funds $36,136,224,227 State General Funds - $31.3 billion - Sales and Income Tax comprise 75.4% of state tax collections - State sales tax is 4% with some exceptions Lottery Funds - $1.6 billion - Restricted uses for HOPE Scholarships/Grants and Pre-K - Has its own Reserve Account Tobacco Settlement Funds - $148.6 million In addition to revenue growth, the governor's revenue estimate for the Amended FY 2025 budget includes $2.7 billion in surplus funds for a total infusion of $4.4 billion, or an increase of 12.2% over the original FY 2025 budget.
State of FY 2023 Budget Brief. Local, state, and federal government websites often end in .gov In his budget proposals, Governor Kemp allocates $1.1 billion in AFY 2024 and $820 million in FY 2025 to the Georgia State Financing and Investment Commission to cover the costs of infrastructure improvements in cash
Education Budget Primer for State Fiscal Year 2023 Budget and Policy Institute. FY 2025 Budget Highlights Author: Visme Created Date: 5/7/2024 1:44:55 PM. and reliably across the state is a major reason why Georgia remains competitive