WTVY  | Georgia  | News, Weather, Sports

Perdue signs Ga. budget

ATLANTA (AP) - Gov. Sonny Perdue has signed an $18.9 billion amended budget that includes cash to fund property tax breaks already promised to Georgia homeowners.

The budget plan, which covers the fiscal year that ends June 30, slashes about $2 billion in state spending to close a huge budget hole.

The state has seen its tax collections slide in recent
months.

The budget contains $625 million in federal stimulus dollars for Medicaid and education.

That federal cash helped the state fund some $428 million in homeowner tax relief grants, which translates into about $200 to $300 per household.

That money was already included in property tax bills. But the relief could disappear next year because a new law will link future grants to the state's economy.

(Copyright 2009 by The Associated Press. All Rights Reserved.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 41233437 - wtvy.com/a?a=41233437