Diana Pope, Director, Financing & Investment
State of Georgia Investor Relations
State of Georgia Investor Relations
Learn about State of Georgia Investor Relations including our News & Press Releases and Team.
Have questions? Reach out to us directly.
Learn about State of Georgia Investor Relations including our News & Press Releases and Team.
The Georgia State Financing and Investment Commission (GSFIC) is responsible for the issuance of all public debt of the State, including general obligation debt and guaranteed revenue debt. GSFIC consists of the Financing and Investment Division and the Construction Division. GSFIC’s core value is dedicated to continuous quality improvement in all of its activities.
The State of Georgia’s net tax collections in June totaled roughly $3.15 billion for an increase of $124.3 million, or 4.1 percent, compared to FY 2024 when net tax collections approached $3.03 billion for the month.
The State of Georgia’s net tax collections in May totaled $2.69 billion, for an increase of $224 million, or 9.1%, compared to FY 2024, when net tax collections approached $2.47 billion for the month_._ As a result of the hurricane-related tax filing deadline extension granted by Governor Kemp to file tax year 2024 income tax returns, a large number of filers took advantage of the extension by remitting payments at the May 1 deadline, leading to a significant portion of both individual and corporate return payments being captured in the May reporting cycle.
The State of Georgia’s net tax collections in April approached $3.73 billion, for a decrease of $230.4 million, or 5.8%, compared to FY 2024, when net tax collections totaled $3.96 billion for the month_._ April 2025 individual and corporate income tax collections were impacted by the hurricane-related extension of filing and payment deadlines to May 1, 2025. Early May individual and corporate return payments have significantly exceeded those received during the same period in May 2024, indicating a large number of filers took advantage of the extended filing deadline. Year-to-date, net tax revenue totaled $27.77 billion for an increase of $312.2 million that was driven largely by the collection of the state’s motor fuel excise tax, which was suspended by Executive Order for a period of two and a half months during FY 2024. Adjusting for the year-over-year motor fuel tax changes, year-to-date net tax revenue collections for the period ending April 30 were down $154.2 million, or 0.6%.
Have questions? Reach out to us directly.