Georgia Rainy Day Fund at Katie Wheelwright blog

Georgia Rainy Day Fund. Figures released monday show the state ended the 2021 budget with a nearly $2.2 billion surplus even after the state’s rainy day. Lawmakers could stash more money into georgia's rainy day fund, but only if they amend the law capping it at 15% of tax receipts. Over the next three to five years, the state needs between $1.5 billion and $2 billion in surpluses to rebuild the revenue shortfall. But when you count georgia's rainy day fund and lottery reserve, the state is sitting on more than $19 billion. Economic cycles can have significant impacts on state revenue, but states can prepare for the inevitable downturns during good times by putting away money in a revenue. Beyond that, it had $10.7 billion in surplus cash collected over. Figures released monday show the state ended the. The fund is currently filled to its $5.24. Georgia has $5.4 billion set aside in its rainy day fund, which is filled to its legal limit of 15% of state revenue. Beyond the unallocated surplus, georgia also has a rainy day fund of $5.2 billion. Because state tax collections were flat, the rainy day fund should stay basically level. By law, it contains up to 15% of tax collections from the previous year, set aside for budget shortfalls or other crises.

Georgia has $5.4 billion set aside in its rainy day fund, which is filled to its legal limit of 15% of state revenue. Figures released monday show the state ended the. By law, it contains up to 15% of tax collections from the previous year, set aside for budget shortfalls or other crises. Lawmakers could stash more money into georgia's rainy day fund, but only if they amend the law capping it at 15% of tax receipts. Over the next three to five years, the state needs between $1.5 billion and $2 billion in surpluses to rebuild the revenue shortfall. But when you count georgia's rainy day fund and lottery reserve, the state is sitting on more than $19 billion. Because state tax collections were flat, the rainy day fund should stay basically level. Beyond the unallocated surplus, georgia also has a rainy day fund of $5.2 billion. Economic cycles can have significant impacts on state revenue, but states can prepare for the inevitable downturns during good times by putting away money in a revenue. The fund is currently filled to its $5.24.

States With the Largest Rainy Day Funds 2020 Study SmartAsset

Georgia Rainy Day Fund Figures released monday show the state ended the. Beyond that, it had $10.7 billion in surplus cash collected over. Figures released monday show the state ended the. But when you count georgia's rainy day fund and lottery reserve, the state is sitting on more than $19 billion. Georgia has $5.4 billion set aside in its rainy day fund, which is filled to its legal limit of 15% of state revenue. Lawmakers could stash more money into georgia's rainy day fund, but only if they amend the law capping it at 15% of tax receipts. Economic cycles can have significant impacts on state revenue, but states can prepare for the inevitable downturns during good times by putting away money in a revenue. Over the next three to five years, the state needs between $1.5 billion and $2 billion in surpluses to rebuild the revenue shortfall. The fund is currently filled to its $5.24. Beyond the unallocated surplus, georgia also has a rainy day fund of $5.2 billion. Figures released monday show the state ended the 2021 budget with a nearly $2.2 billion surplus even after the state’s rainy day. By law, it contains up to 15% of tax collections from the previous year, set aside for budget shortfalls or other crises. Because state tax collections were flat, the rainy day fund should stay basically level.