Georgia state agencies will have to reduce their fiscal year 2021 budgets by 11 percent in response to revenue shortfalls resulting from the COVID-19 pandemic, instead of the 14 percent previously requested by budget officials, Gov. Brian Kemp said.
Although it may take up until the beginning of fiscal year 2021, which starts July 1, to get a better scope on the impact of the pandemic on the state’s revenue, Kemp said the economy looks like it will be more resilient than predicted.
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