Kemp budget spending meant to keep economy growing

Kemp Budget 2025. Kemp vetoes tax breaks for data centers, homestead exemption bump and higher ed assistance State government would forgo an estimated $149 million in revenue in the budget year ending June 30, and then $744 million a year going forward. Budget documents from the Georgia General Assembly show the amended budget Kemp is expected to sign will put more than $40.5 billion into 2025, providing funding for several state priorities.

Kemp's executive budget proposals for the current fiscal year (AFY 2025) and next year (FY 2026) are characterized by a focus on one-time projects and modest spending increases Allocate $50 million in the amended fiscal year 2025 budget for one-time additions to school safety grants

Overview of 2025 Fiscal Year Budget Budget and Policy Institute

Allocate $50 million in the amended fiscal year 2025 budget for one-time additions to school safety grants Kemp, joined by Lieutenant Governor Burt Jones, Speaker Jon Burns, and members of the Georgia General Assembly, This is an additional $21,635 per school in one-time funds on top of the $47,125.

Gov. Kemp signs state budget. This is an additional $21,635 per school in one-time funds on top of the $47,125. Officials say by paying cash, Georgia will avoid $1.5 billion in.

Overview of 2025 Fiscal Year Budget Budget and Policy Institute. The $37.7 billion revenue estimate for FY 2026 is shaped by Gov Although scheduling disruptions prevented him from delivering them in person, Governor Kemp also asked that Office of Planning and Budget director Rick Dunn be available to answer any questions committee members may have regarding the amended and fiscal year budgets