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AJC.com > Legislature > Blog > Archives > 2009 > February > 17 > Entry
DEL.ICIO.USUPDATED Georgia’s Big Three plan 1:30 budget announcement
The Atlanta Journal-Constitution
Gov. Sonny Perdue, Lt. Gov. Casey Cagle and House Speaker Glenn Richardson (R-Hiram) will gather together at 1:30 this afternoon for a budget announcement. Could it be “stimulating?”
UPDATE: It’s expected that Perdue will support funding homeowners’ tax relief grants for this year. Without the $428 million in funding, counties would have to send out supplemental tax bills to homeowners in the range of $200 to $300.
Ordinarily, such an appointment would not be that big of a deal. But, three things make this one different.
First, any budget announcement from Perdue right now is a big deal, considering the state’s dire financial straits. He could lower the revenue estimate further, prompting the Legislature to have to make deeper cuts to state programs and services. Second, it’s all three of these men together that raises an eyebrow. Whatever they’re going to announce, apparently all three are in agreement — a rare enough occasion.
But, finally, it very well could be that the trio are going to unveil their plans for the nearly $6 billion in federal money coming to the state via the $787 billion federal economic stimulus bill that President Barack Obama is signing into law today.
Of that money, about $1.5 billion will go directly to the state, through Perdue, and can be used for K-12 spending, public safety and other areas.
Stay tuned for more after the 1:30 announcement.
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