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Lawmakers pass $36.1 billion state budget

Lawmakers pass $36.1 billion state budget

Released Friday, 29th March 2024
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Lawmakers pass $36.1 billion state budget

Lawmakers pass $36.1 billion state budget

Lawmakers pass $36.1 billion state budget

Lawmakers pass $36.1 billion state budget

Friday, 29th March 2024
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Episode Transcript

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0:01

From the BG ad Group studio. This is

0:03

your News Minute on the Marietta Daily Journal

0:05

podcast presented by Credit Union of Georgia.

0:07

Today is Friday, March 29th and

0:10

I'm Keith Ippolito. In a major move,

0:12

the Georgia General Assembly has passed $36.1

0:14

billion budget for the fiscal year

0:16

2025, showcasing a 3.7

0:19

billion increase over the last year.

0:21

This budget brings significant raises for state

0:23

employees and public school teachers, and boosts

0:25

funding for the state's pre-kindergarten program.

0:28

State workers are poised to see a $4,000

0:30

increase in their paychecks, with those in high

0:32

turnover sectors like law enforcement and welfare

0:34

services receiving an extra $3,000.

0:37

Teachers are looking for a $2,500

0:40

raise. Education is a big winner, with

0:42

$243 million set aside

0:44

for enrollment growth, 200 million for new

0:46

school buses, and 108 million dedicated

0:48

to ensuring each public school in Georgia receives

0:51

a 45,000 school safety grant.

0:53

The pre-kindergarten program got a $48.4

0:56

million lift thanks to strong lottery

0:58

sales, signaling a focus on improving

1:00

early education in terms of class size and

1:02

teacher salaries. Moreover, the budget

1:04

addresses tech upgrades in state prisons

1:06

with a $10.7 million and boost

1:08

health care provider reimbursement rates by

1:11

$18.6 million. Additionally,

1:13

$6.3 million will fund free

1:15

meals for $64,000 low

1:17

income children, leveraging the state's $16

1:20

billion surplus, the legislature

1:22

is allocating $1.2 billion

1:24

in cash for infrastructure projects across

1:26

schools and state agencies, moving away

1:28

from traditional borrowing methods

1:30

awaiting Governor Kemp signature, the budget

1:32

underscores Georgia's dedication to enhancing

1:35

the lives of its citizens and laying down a robust

1:37

foundation for the state's future prosperity.

1:40

For more news about our community, visit MDA

1:42

online.com for the Marietta Daily

1:44

Journal podcast I'm Keith Ippolito.

1:47

Life's a constant hustle and a credit

1:49

union of Georgia. Our focus is crystal

1:52

clear. It's all about you juggling

1:54

a million things. We get it. That's

1:56

why we're committed to providing the best service

1:58

imaginable. We're not just your credit union

2:00

where your financial allies knowledge

2:03

is our power. From crafting basic

2:05

budget plans to navigating the local

2:07

home buying scene questions popping

2:09

up, we've got you covered with fast, friendly

2:12

answers because we want you to spend

2:14

more time living your life. Imagine

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a financial institution that truly

2:18

cares. That's Credit Union of Georgia

2:20

inviting you to join us. If

2:22

you live work in Bartow, Cherokee,

2:24

Cobb, Dawson, Paulding, Pickens, or

2:26

Union County, we want you as

2:28

a member of Credit Union, a Georgia family,

2:31

because here you're not just a member.

2:33

You're part of a community that cares, ready

2:35

to experience banking that revolves around

2:38

you. Call us at six, seven, eight

2:40

four, eight six, 1111 or

2:42

visit Siu of Georg

2:45

Credit Union of Georgia. Your financial

2:47

journey. Our priority.

2:49

This podcast is a production of the BG Group.

2:51

All rights reserved.

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