June 26, 2007
ATLANTA (AP) - A grass roots anti-tax group is launching a petition drive this summer aimed at returning millions of dollars from the state's reserve to Georgians in the form of tax relief.
The Georgia arm of Americans for Prosperity is targeting $142 million from a one-time property tax rebate vetoed earlier this year by Governor Perdue. The money moved instead into the state reserve fund.
The group's executive director, Jared Thomas, said the money is not protected in the reserve and could easily be spent.
Thomas said he hoped to gather "hundreds and hundreds" of signatures on the petition and present it to Perdue, Lieutenant Governor Casey Cagle and House Speaker Glenn Richardson after Labor Day. There was no immediate comment from Perdue.
Perdue typically provides a snapshot of the state reserve sometime after the July 1st start of the new fiscal year. A significant portion of that money last year was funneled into education to keep up with the state's booming student growth.