Kemp signs $37.5B amended fiscal 2024 budget

(The Center Square) — Georgia Gov. Brian Kemp signed an amended $37.5 billion fiscal 2024 budget on Thursday, saying the spending plan increases taxpayer spending on infrastructure, public safety and workforce development, among other priorities.

The amended budget, passed as part of House Bill 915, represents roughly $5 billion in additional spending from the more than $32.4 billion lawmakers approved last year as part of the fiscal 2024 budget. The amended budget includes roughly $18.5 billion in federal tax money, bringing the “total public funds” allocated in the amended spending plan to more than $61.8 billion.

In a statement, Kemp, a Republican, said the budget “demonstrates you can make smart investments when you budget wisely, trust the market rather than try to dictate it, and empower your citizens more than you empower the government.”

“With historic investments in education, public safety, economic development and healthcare, the FY 2024 amended budget reflects our shared priorities and continued dedication to making Georgia the best state in the country to live, work, and raise a family,” House Speaker Jon Burns, R-Newington, said in an announcement. “It is a budget that is a result of the smart, conservative fiscal policies from the General Assembly and the Governor, and one that families and taxpayers across the state can be proud of. I look forward to building on the success of this budget toward an even brighter future for all Georgians.”

The budget includes an additional $1.5 billion for transportation funding, fulfilling a promise Kemp made earlier this year.

- Advertisement -

The revised budget includes roughly $5.6 billion for the Department of Transportation, up from about $4 billion originally allocated. The spending plan includes more than $3.8 billion in state funds for the transportation department and roughly $1.6 billion in federal tax money.

Officials said the spending plan also includes $593 million for Department of Corrections facility repairs and an additional $50 million for rural workforce housing. In addition to finalizing the amended fiscal 2024 budget, lawmakers must pass a fiscal 2025 budget.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

WATCH: WA child welfare policy stalls as parties clash over parental drug abuse

(The Center Square) - Washington Democratic leadership Wednesday told...

Analysis shows Tennessee budget returning to ‘normal’

(The Center Square) – Tennessee's budget may look tight,...

California, Colorado, others sue Trump over energy funding

(The Center Square) – Democratic attorneys general from 13...

Bill tightens restrictions on unemployment benefits

(The Center Square) – Eligibility requirements for unemployment benefits...

Shutdown Showdown: Jeffries Draws a Line on ICE

(AURN News) — “This is day five of the...

Wexner denies knowing anything of Epstein’s crimes; Oversight Dems unconvinced

(The Center Square) – Democrats on the House Oversight...

Albany lawmakers urged to approve Hochul’s auto insurance reforms

(The Center Square) – Business groups are urging New...

Arizona bill protects tenants with temperature standards

(The Center Square) - A new Arizona bill seeks...

More like this
Related

WATCH: WA child welfare policy stalls as parties clash over parental drug abuse

(The Center Square) - Washington Democratic leadership Wednesday told...

Analysis shows Tennessee budget returning to ‘normal’

(The Center Square) – Tennessee's budget may look tight,...

California, Colorado, others sue Trump over energy funding

(The Center Square) – Democratic attorneys general from 13...

Bill tightens restrictions on unemployment benefits

(The Center Square) – Eligibility requirements for unemployment benefits...