Georgia likely to again run multibillion budget surplus

People scurry up the Georgia State Capitol steps as other stand and talk during opening day of the year for the state legislative session, Monday, Jan. 13, 2020 in Atlanta. (AP Photo/John Amis)

Georgia is still in the money, with tax collections on track to deliver another big surplus in its state budget.

The state has already collected roughly $2 billion more in general tax revenue than it’s on track to spend in the budget year that ends June 30, according to figures released Wednesday.

Plus, Georgia will bank another month of tax collections before it closes the books on the 2022 budget year, which could add another $2.5 billion to the surplus.