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Home / Georgia Legislature Passes Budget with Homeowners’ Tax GrantsGeorgia Legislature Passes Budget with Homeowners’ Tax Grants
Last Updated on Wednesday, 11 March 2009 10:38 Written by rslcpol Wednesday, 11 March 2009 10:38
From AJC:
State agencies already have been trimming costs and, for many, budgets are down 10 percent or more this year.
But the final mid-year spending plan heading to Gov. Sonny Perdue for his signature includes $428 million needed for the homeowner grants, which reduce homeowners’ tax bills by about $200 to $300 per residence. If the money hadn’t been included in the budget, counties would have had to send out supplemental tax bills asking homeowners for the money.
The state was able to fund the grants because of money it received as part of the federal stimulus package.