A weaker-than-expected economic recovery is proving to be a drag on Georgia's state finances. Republican Gov. Nathan Deal must find a way to close the gap between what Georgia's government collects and what it spends when submitting his budget plans Thursday.
Georgia's Republicans in the U.S. House voted against a last-minute deal to avoid the "fiscal cliff" after the state's two senators voted for it. All eight of Georgia's Republicans voted against the bill in the House late Tuesday.
Georgia government doesn't save as much as many other states, while recent state spending increases outpaced the national average. Those are conclusions from a new nonpartisan analysis of all 50 states.
Atlanta Public Schools plans to shed 350 positions next year and order two employee furlough days as it attempts to cut about $47 million from its budget. The school district Monday announced its plans for a $565.8 million budget for the 2012-2013 school year.
A metro Atlanta school board struggling with its finances has voted to keep middle school sports programs in the district, but parents will be asked to help pay for them. Clayton County parents will have to pay $35 for each student who plays sports.
Georgia lawmakers have approved a $39.5 billion budget plan for the coming financial year that earmarks roughly $100 million in last-minute money for infrastructure. House and Senate lawmakers voted Tuesday to approve the spending plan for the financial year starting in July. It now heads to Republican Gov. Nathan Deal.