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Sine Die: Overview of Georgia's 2022 Fiscal Year Budget - Georgia Budget and Policy Institute

Sine Die: Overview of Georgia’s 2022 Fiscal Year Budget

Bolstered by billions of dollars in unprecedented support from the federal government, Georgia lawmakers enacted a state budget for Fiscal Year (FY) 2022 (HB 81) that maintains nearly $850 million in cuts from FY 2020 levels (HB 31), a reduction equivalent to cutting approximately 4 percent of General Funds from the budget.
[1] Due in large part to $90 million in savings from the federal government’s decision to pay a higher-than-usual share of the cost of Georgia’s Medicaid program due to the COVID-19 pandemic, lawmakers were able to restore about half of the cuts made to public education since the pandemic began, with approximately $561 million in cuts from FY 2020 funding levels remaining. Members of the General Assembly also moved $22 million in funding from other state agencies and $15 million from capital projects to restore a total of about $127 million in cuts initially proposed in Gov. Kemp’s e ....

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Gold Dome Report — Sine Die Wrap-Up | Nelson Mullins Riley & Scarborough LLP

Gold Dome Report — Sine Die Wrap-Up | Nelson Mullins Riley & Scarborough LLP
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