ATLANTA (AP) — Tax revenues continue to roll into Georgia state coffers, supporting Gov. Brian Kemp’s plan for a big spending boost and a possible tax cut.
Figures released Friday show Georgia’s general fund raised $17.8 billion through Jan. 31. That’s $2.7 billion, or 18%, ahead of last year’s pace. In the first seven months of the 2022 budget year, the state is on track to raise $30.5 billion, more than $3 billion more than the $27.3 billion lawmakers have designated for expenses.