Governor Sonny Perdue published his Amended Fiscal Year 2010 and Fiscal Year 2011 budgets yesterday afternoon.
His new Amended 2010 budget totals $17.4 billion, which represents a $1.2 billion reduction from his original 2010 Fiscal Year budget. The 2011 budget totals $18.2 billion.
According to Governor Perdue, “We have actively managed the budget in a step-down approach as revenues have continued to slide […] Just as Georgians are balancing their checkbooks and making tough decisions in difficult times, the state must and will do the same.”
Perdue’s 2011 budget contains $168 million marked for construction, equipment and school buses for Georgia’s K-12 schools. It also contains $121 million designated for state university projects and $44 million marked for technical schools.
According to the AJC, however, K-12 budgets suffer an extra three percent cut in the current 2010 budget and teachers are required to expend three furlough days prior to June 30.