1. HB 751 – The Fiscal Year 2017 Budget: The FY 2016 Budget is set by a revenue estimate of $23.7 billion. While, in nominal terms, this budget is the largest ever proposed, in reality, FY 2017 per capita spending under this budget – when adjusted for inflation and population growth – is on par with 1998 levels. For reference, Georgia’s population has grown by nearly 2 million people between 2000 and 2014.
FINAL REPORT OF THE HOUSE PUBLIC SAFETY AND HOMELAND SECURITY COMMITTEE
2016 Regular Session
Chairman: Alan Powell
House Bill 751, the Fiscal Year 2017 budget, is set by a revenue estimate of $23.7 billion - an increase of $673.9 million, or 2.9%, over the Amended FY 2016 budget.
The original FY 2016 budget approved during the 2015 Session set spending at $21.8 billion. House Bill 750, the Amended FY 2016 budget, recognizes $1.2 billion in additional revenue or 5.67% over the original FY 2016 budget. This brings the total appropriation for Amended FY 2016 to $23.06 billion.