Georgia’s giant hill of money looms over state lawmakers as the 2023 session begins next Monday.
State government ended the 2022 budget year in June with $6.6 billion in surplus cash, even after it filled its savings account to the legal limit.
Gov. Brian Kemp has announced plans to spend more than $3 billion of the amount through a combination of one-time tax givebacks, with fellow Republican legislative leaders signaling support. But even that bonanza would leave about $3 billion that could be spent, saved or given away. And barring a notable economic disaster, the state is likely to run a surplus again in the current budget year.
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