Georgia Governor Brian Kemp has give the go-ahead for state agencies to request spending increases for the mid-year 2024 budget and the 2025 fiscal year budget. The University System of Georgia is seeking a $385.4 million increase. The system’s Board of Regents voted Friday to request a mid-year budget of $3.6 billion in state funds. The largest portion of that money – $119.1 million – would go to pay off the bond indebtedness incurred in building seven fee-funded public-private construction projects, including student dorms and parking facilities. Paying off the debt portion of those projects would considerably reduce the fees students who use the facilities would have to pay. Kemp will present his budget recommendations to the legislature in January.
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