Georgia’s budget increased, cumulatively, more than pop+inf in state funds and all funds from 2013-22.



State Funds Budget Data
- Estimated 2023 State Funds Budget ($ Billions): $38.90
- Budget Limit ($ Billions): $40.98
- Budget Limit Growth ($ Billions): 5.35%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $29.73
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $119
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $2,550.95
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $10,203.81
State All Funds Budget Data
- Estimated 2023 All Funds Budget ($ Billions): $58.35
- Budget Limit ($ Billions): $61.47
- Budget Limit Growth ($ Billions): 5.35%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $503.02
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $2,012
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $8,402.58
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $33,610.30
Other Considerations
- Economic Freedom (2020) (Rank): 8 [Fraser Institute]
- State Tax Collections Per Capita (FY2021) ($): $2,579 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 43 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $4,862 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 8.90% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 8 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 5.75% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 28 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 32 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 5.75% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 31 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 7.40% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 19 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.92% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 25 [Tax Foundation]
- Tax and Expenditure Limit (0-3): 0 [American Legislative Exchange Council]
- Tax and Expenditure Limit (Rank): 32 [American Legislative Exchange Council]
- Right-to-Work Law (2022) (Y/N): Y [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $10,008 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 3 [US Government Spending]
- Official Poverty Rate (2020-22) (%): 13 [Census Bureau]
- Official Poverty Rate (2020-22) (Rank): 38 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (%): 10.1 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (Rank): 37 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 61.00% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 33 [Bureau of Labor Statistics]