Spring 2003 - Office of Planning and Budget - University of-2025

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Under Georgia law, the governor has the authority to set the revenue estimate, which caps spending. The states General Assembly is responsible for appropriating funds and is constitutionally obligated to pass an annual state budget.
The governor has the lead role in the budget process. Proposing a state budget for the upcoming fiscal year gives the governor the first word in each years budget deliberations. The May Revision gives the governor another opportunity to set the budget and policy agenda for the state.
In addition to taxes, states raise revenue through fees (such as for a drivers license), fines for violating state laws, charges for services (such as park entrance fees), lotteries, and other sources.
Governor Brian P. Kemps executive budget proposals for the current fiscal year (AFY 2025) and next year (FY 2026) are characterized by a focus on one-time projects and modest spending increases.
Governors Office of Planning and Budget. The Governors Office of Planning and Budget supports the state by producing short- and long-term financial analyses, running budget development, and overseeing fiscal controls.
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Under current law, the President must develop and submit a consolidated budget to Congress no later than the first Monday in February prior to the start of the upcoming fiscal year.
Each year, two appropriations bills are passed through the General Assembly and then signed by the Governor. The first to be passed is the budget for the Amended Fiscal Year (AFY). This adjusts the current fiscal years budget, accounting for changes in school enrollment and other unanticipated needs.
The Georgia Constitution requires that a state budget be developed each year and that the General Assembly pass legislation, called an appropriation, which will authorize spending from that budget. In fact, no state spending is allowed unless it is authorized in the appropriations bill approved by the General Assembly.

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