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Peach Tree Times

Saturday, December 21, 2024

News from April 2024

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Gov. Kemp Announces Three New Rural Workforce Housing Grant Recipients

By Peach Tree Times | Apr 17, 2024

Atlanta, GA - Governor Brian P. Kemp has revealed the selection of three new recipients for grants under the Rural Workforce Housing Initiative, totaling over $6.3 million in infrastructure development. These grants will support the creation of more than 123 housing units across three different communities."We have already seen a great response to the Rural Workforce Housing program, and this latest round of grants will further strengthen communities experiencing incredible economic growth," Governor Brian Kemp stated. Kemp highlighted the importance of the program in...

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VA Purchase Loans in Georgia average $336,360 for Q1

By Peach Tree Times | Apr 15, 2024

The average VA Purchase Loan amount for Georgia in the first quarter of fiscal year 2024 was $336,360, according to figures provided by the Veterans Affairs Home Loans Index.

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VA’s Interest Rate Reduction Refinance Loans in Georgia average $323,117 for Q1

By Peach Tree Times | Apr 15, 2024

The VA’s Interest Rate Reduction Refinance Loans in Georgia for the first quarter of the fiscal year 2024 averaged $323,117, according to figures provided by the Veterans Affairs Home Loans Index.

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Number of VA loans issued in Georgia decreased by 20.9% from Q1 2023 to Q1 2024

By Peach Tree Times | Apr 15, 2024

The U.S. Department of Veterans Affairs (VA) issued 4,761 home loans totaling $1.6 billion in Georgia during the first quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.

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Adjusted YTD Tax Revenues Down 4.3%

By Peach Tree Times | Apr 12, 2024

Atlanta, GA – The State of Georgia has seen a decrease in its net tax collections, with revenues for the nine months ended March 31 down 4.3 percent from the previous year. This decline is attributed to various factors affecting different tax categories.According to the State's report, Individual Income Tax collections experienced a significant decrease. Georgia Department of Revenue Commissioner, David Curry, stated, "Individual Income Tax collections totaled $998.3 million, for a decrease of $191.2 million or 16.1 percent compared to last year." This reduction is partly...

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Georgia State AG Chris Carr: Stopping the 'unlawful climate mandate is a major win' for Georgia

By Peach Tree Times | Apr 8, 2024

Georgia Attorney General Chris Carr has hailed the suspension of the climate mandate as a significant victory for Georgia's business sector and overall economy. He declared the climate mandate to be unlawful.

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Individual income tax revenue down 16.9% from previous quarter in Georgia

By Peach Tree Times | Apr 5, 2024

The third quarter of 2023 brought in $3.9 billion in individual income tax revenue for Georgia, a 16.9% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Georgia: Drugs companies were the least FDA inspected companies in Georgia in March

By Peach Tree Times | Apr 4, 2024

The U.S. Food and Drug Administration (FDA) conducted an inspection at one Drugs company from Georgia in March.

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Gov. Kemp: PrizePicks Announces 33,000-square-foot Headquarters in Atlanta

By Peach Tree Times | Apr 4, 2024

Governor Brian P. Kemp announced today that PrizePicks, a leading daily fantasy sports operator in North America, will be establishing its new 33,000-square-foot headquarters in Atlanta. The company plans to invest $25 million in the new headquarters and create 1,000 new jobs over the next seven years."Georgia continues to be a driver of tech growth and innovation, attracting innovative companies with its unique mix of talent and infrastructure," stated Governor Brian Kemp. "Today’s announcement is a reminder of our strength in both welcoming new projects as well as...

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Tax Revenue Analysis: Georgia collects $3.1 billion in sales and gross receipt tax during Q3 2023

By Peach Tree Times | Apr 3, 2024

Georgia collected $3.1 billion in tax and gross receipts, a 0.4% increase from the second quarter of 2023, according to the U.S. Census Bureau

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FDA conducted second lowest number of inspections on Devices companies in Georgia during March

By Peach Tree Times | Apr 3, 2024

The U.S. Food and Drug Administration (FDA) conducted two inspections at two Devices companies from Georgia in March.

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Georgia: Biologics companies were the second most FDA inspected companies in Georgia in March

By Peach Tree Times | Apr 2, 2024

The U.S. Food and Drug Administration (FDA) conducted three inspections at three Biologics companies from Georgia in March.

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Gov. Kemp Announces 32 Appointments to State Boards, Authorities, and Commissions

By Peach Tree Times | Apr 2, 2024

Governor Brian P. Kemp of Georgia has made significant announcements regarding the appointment and re-appointment of 32 individuals to various state boards, authorities, and commissions. The appointments cover a wide range of areas, showcasing the diverse expertise and experience of the appointees.Among the appointments is Wayne Bennett, who has been appointed to the State Board of Pardons and Paroles. Bennett brings with him a wealth of experience from his time as the Sheriff of Glynn County, where he was recognized for his expertise in law enforcement and his service in...

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FDA Inspection: What type of Georgia companies were under most scrutiny during March?

By Peach Tree Times | Apr 1, 2024

The U.S. Food and Drug Administration (FDA) conducted eight inspections at eight Food and Cosmetics companies from Georgia in March.

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Georgia experiences higher inflation rate than national average as of March 2024

By Peach Tree Times | Apr 1, 2024

As of March 2024, Georgia experienced a 21.2% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.4% increase.