Georgia Governor Proposes $4.4 Billion Spending Increase Using Surplus Funds

Brian Kemp outlines plans for tax cuts, disaster relief, and infrastructure investments while warning of flat revenue projections.

Governor Brian Kemp plans to increase Georgia's budget to $40.6 billion for the current fiscal year, using $3.1 billion from the state's $16 billion in reserves.
Kemp proposes accelerating income tax cuts, reducing the flat income tax rate to 5.19% in 2025, which would cost the state an estimated $744 million annually in foregone revenue.
The governor has allocated over $1 billion for Hurricane Helene recovery, including aid for farmers, timber growers, and infrastructure repairs, with some costs expected to be reimbursed by federal funds.
Kemp intends to fund construction projects, including medical research facilities and transportation improvements, using surplus cash to avoid borrowing and save on interest payments.
The policy agenda also includes $600 million for prison improvements, $50 million for school safety, and a push for tort reform, though details on the latter remain undefined.