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News Articles: budget

Students eat lunch in the cafeteria at Tonalea K-8 school in Scottsdale, Ariz., on Dec. 12, 2022. In Massachusetts, a new 4% state income tax on incomes above $1 million will help pay for free school lunches.

Tagged as: 

  • Education

A 4% income tax on millionaires will make lunch free for Massachusetts K-12 students

Massachusetts voters approved the Fair Share Amendment in November. It places a 4% tax on incomes above $1 million, in addition to the state's standard income tax of 5%.

August 18, 2023
|
By:
  • Ayana Archie
Gov. Brian Kemp

Tagged as: 

  • Politics

Gov. Kemp’s ‘unprecedented’ budget surplus should help Georgians in need, analysts say

The GBPI says Georgia's overall state reserves, going into fiscal year 2024, are expected to be above $16 billion — and that's money needed to stabilize the state’s broken systems and strengthen communities.

August 03, 2023
|
By:
  • Ellen Eldridge
Georgia Gov. Brian Kemp delivers the State of the State address at the state Capitol on Wednesday, Jan. 25, 2023 in Atlanta. The Republican Kemp announced on Wednesday, Aug. 2, 2023 that state agencies can ask lawmakers to increase spending by 3% in upcoming budgets.

Tagged as: 

  • News

Georgia Gov. Brian Kemp dangles the possibility of increased state spending after years of surpluses

Georgia Gov. Brian Kemp appears ready to loosen the purse strings a little after having built a budget surplus that could top $10 billion. The money has been accumulating for three years.

August 03, 2023
|
By:
  • Associated Press
Georgia Gov. Brian Kemp delivers the State of the State address on the House floor of the state Capitol, Jan. 25, 2023, in Atlanta. The Republican Kemp announced final tax collections for 2023 on Wednesday, July 12, indicating the state will run a roughly $5 billion surplus for the budget year just ended.

Tagged as: 

  • News

Still in the money: Georgia government will pocket another $5 billion budget surplus

Georgia will collect another $5 billion in surplus revenue after the just-concluded budget year. Numbers announced Wednesday by the state Revenue Department show that taxes matched last year's $33 billion, while Gov. Brian Kemp had forecast a steep decrease.

July 12, 2023
|
By:
  • Associated Press

Tagged as: 

  • Your Money

Has inflation changed how you shop and spend? We want to hear from you

NPR wants to know whether rising prices have led you to shop differently for groceries, travel or entertainment; use "buy now pay later" services; or dip into savings to cover your debts.

June 15, 2023
|
By:
  • GPB Newsroom
Atlanta Mayor Andre Dickens

Tagged as: 

  • News

Dickens proposes $790M Atlanta budget, largest in city’s history

Atlanta Mayor Andre Dickens’ has proposed a $790 million general fund budget for the 2024 fiscal year, beginning July 1.

May 02, 2023
|
By:
  • Dyana Bagby
 Georgia Gwinnett College faculty members gather to raise awareness of budget cuts they say exacerbate existing funding problems. Ross Williams/Georgia Recorder

Tagged as: 

  • Education

Georgia’s university workers rip state budget cuts at Gwinnett College building groundbreaking

The financial year for Georgia’s 26 public colleges and universities starts in July with significant cuts for all institutions in the budget awaiting Gov. Brian Kemp’s signature.

April 12, 2023
|
By:
  • Ross Williams
Rep. Marcus Wiedower, R-Watkinsville, votes yea for HB 493 in the House chambers during crossover day at the Georgia State Capitol on Monday, March 6, 2023, in Atlanta.

Tagged as: 

  • News

Georgia budget to pay full tuition for college scholarships

Georgia lawmakers are agreeing to a state budget that will pay full tuition for all college students receiving a HOPE Scholarship while boosting pay for all state and university employees. A House-Senate agreement signed Wednesday sets a $32.5 billion state budget beginning July 1.

March 29, 2023
|
By:
  • Associated Press
Georgia State Capitol

Tagged as: 

  • Politics

Georgia Senate approves $32.4B budget proposal with cuts to higher ed, GPB funding

Final negotiations over the spending plan should finish before Wednesday.

March 24, 2023
|
By:
  • GPB News Staff
Representative Deborah Silcox (R- Sandy Springs) presenting HB 500 on House Floor

Tagged as: 

  • Politics

Lawmakers Day 38: Senate passes plan for major budget cuts to higher education

Thursday, the Senate passed its plan in a 51-to1 vote, but HB 19 was rejected by the House. With only two days left in the session, their differences must be settled in a conference committee.

March 23, 2023
|
By:
  • GPB News Staff

Tagged as: 

  • News

Kemp signs mid-year state budget

Gov. Brian Kemp has signed a $32.5 billion mid-year state budget that includes property tax relief for Georgia homeowners and security grants for every public school in the state.

March 14, 2023
|
By:
  • Dave Williams
Georgia House Appropriations Committee Chairman Matt Hatchett, R-Dublin, discusses plans for the upcoming state budget on Wednesday, March 8, 2023 at the Georgia Capitol in Atlanta. The committee voted to pass a budget that includes an extra pay boost for state law enforcement officers.

Tagged as: 

  • News

Georgia House wants $4K pay increase for state law officers

Georgia House budget writers want a $4,000 pay raise for state law enforcement officers, double the $2,000 pay raise proposed by Gov. Brian Kemp for all state employees and teachers. They also want to pay higher rates to health care providers and expand training of new health care workers.

March 08, 2023
|
By:
  • Associated Press
Georgia State Capitol

Tagged as: 

  • Politics

House passes beefed-up mid-year budget with a $1B property tax break

Georgia homeowners could soon see a one-time homestead exemption after the state saw record surplus.

February 02, 2023
|
By:
  • Stephen Fowler
Georgia Gov. Brian Kemp signs a bill to give state income refunds of more than $1.1 billion on Wednesday, March 23, 2022, at the Georgia capitol in Atlanta. The measure gives refunds of $250 to $500 to people who filed tax returns for 2020 and 2021.

Tagged as: 

  • News

Kemp and lawmakers to decide plan for $6.6B in surplus cash

Georgia's state government ended the 2022 budget year in June with $6.6 billion in surplus cash. Gov. Brian Kemp has plans to spend more than $3 billion through a combination of one-time tax givebacks.

January 05, 2023
|
By:
  • Associated Press
Democratic candidate for Georgia Governor Stacey Abrams poses for a portrait in front of the State Seal of Georgia Monday, Aug. 8, 2022, in Decatur, Ga.

Tagged as: 

  • Politics

Abrams calls on using budget surplus to invest in Georgians

Democratic gubernatorial candidate Stacey Abrams says it's time for Georgia to use its budget surplus to invest in its residents.  In a preview of a speech on the economy she's expected to deliver Tuesday, Abrams says Gov. Brian Kemp and other Republicans have been hurting the state by prioritizing low taxes and low spending.

August 09, 2022
|
By:
  • Associated Press
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