Kemp proposes $900M borrowing plan as part of Georgia budget

Georgia News

FILE – In this Jan. 16, 2020 file photo, Gov. Brian Kemp, center, is flanked by House Speaker David Ralston, R-Blue Ridge, right, and Lt. Gov. Geoff Duncan as he salutes former U.S. Senator Johnny Isakson, R-Ga., during the State of the State address before a joint session of the Georgia General Assembly in Atlanta. Kemp is proposing that Georgia borrow almost $900 million for construction projects and equipment next year. Key projects in the Republican governor’s borrowing plan include $70 million to expand the state-owned convention center in Savannah and $55 million to build a new headquarters for the Department of Public Safety in Atlanta. (AP Photo/John Bazemore, File)

ATLANTA (AP) – Gov. Brian Kemp is proposing that Georgia borrow almost $900 million for construction projects and equipment next year.

That amount is likely to rise before lawmakers get done with the state budget.

Key projects in the Republican governor’s borrowing plan include $70 million to expand the state-owned convention center in Savannah and $55 million to build a new headquarters for the Department of Public Safety in Atlanta.

Lawmakers authorized borrowing of nearly $1.1 billion last year. 

Kemp wants to move more funding to aid school construction from districts statewide to those that have small property tax bases.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Trending Stories