This first week of session, I co-sponsored the legislation SB 275 that caps the increase in a home’s value of 3 percent or at the consumer price index, whichever is lower, as respects the value used for school taxes in Fulton County. This is already being done for residents of Sandy Springs on the balance of their tax bill.
The Governor released his 2018 Amended Budge and 2019 Budget. I attended the press briefing and here is a nice “Insider Advantage” summary of the highlights:
The proposed Fiscal Year 2019 budget will provide additional early access to higher education for promising K-12 students, expand mental health services for children, and continue improving and expanding Georgia’s transportation infrastructure.
Amended FY 2018 budget highlights include:
• $102.1 million for a midterm adjustment for K-12 enrollment growth
• $10.7 million for growth in the Dual Enrollment program
• $43.6 million for the Indigent Care Trust Fund and Medicaid
• $15.1 million for child welfare services to care for children in state custody
• $2.4 million for autism services for children under 21
• $17.6 million for Forestland Protection Act grants
• $10 million for the OneGeorgia Authority for beach nourishment projects
• $25.2 million for airport runway extension projects
FY 2019 budget highlights include:
• $361.7 million for the Teachers Retirement System
• $127.6 million for K-12 enrollment growth, training and experience
• $30 million to assist low-wealth school systems
• $54.3 million for resident instruction at University System institutions
• $5.9 million for operations for the Georgia Cyber Innovation and Training Center
• $34.4 million for growth in the Dual Enrollment program
• $255.9 million for Medicaid to fund growth and offset the loss of federal and other funds
• $28.8 million for child welfare services to fund out-of-home care growth and foster care per diem increases
• $5.9 million for autism crisis services for children under 21
• $22.9 million to implement recommendations from the Commission on Children’s Mental Health
• $5 million for accountability courts to implement new courts and expand existing courts
• $31.7 million in new motor fuel funds for transportation
• $100 million in bond funds to repair and replace bridges throughout the state
The 2019 Budget reflects a 3.8 percent increase over the previous budget and is about $26 billion.
Please feel free to contact me with your comments and questions.