Opened file
Georgia
Same nine questions as every other state. Answers are filled only where this state’s own statute or financial report is attached.
Decision instrument
The voters authorized this kind of debt in 1972. Each new issue is not a new election. New debt stops if the highest year’s payment would exceed 10% of the prior year’s treasury receipts.
What public act authorizes the borrowing, and where is the purpose and the first-year cost written down? Constitution, Article VII, Section IV. The General Assembly authorizes the debt, and it must appropriate that year’s highest debt service when it does. The State Financing and Investment Commission approves the sale. The governor chairs the commission. The term of this capital debt may not exceed 25 years. Both general-obligation debt and guaranteed-revenue debt are secured by the full faith and credit of the state. The 10% test uses the highest year of principal and interest on both, including the debt being proposed. For fiscal 2026 the commission’s plan puts that highest year at $1.188 billion, against prior-year treasury receipts of $38.951 billion, and calls the ratio 3.0%. That $1.188 billion includes debt the legislature has authorized but the state has not yet sold. It is not the same figure as the payment due on the bonds already outstanding.
Debt statement
No Annual Debt Statement of the New Jersey kind.
What yearly filing states gross debt, deductions, and how close the issuer is to its limit? The commission’s debt-service schedule is the record for general-obligation principal as of June 30, 2025. County dollar rows are not attached.
Debt limit
A county or a city stops at 10% of assessed value. The voters have to approve the new debt.
What cap binds a county or a city, and is the state's own ceiling a different rule? Constitution, Article IX, Section V. The vote is a majority of the qualified voters voting in the election. A school system that was already allowed to go past 10% on June 30, 1983, may still do so. Revenue bonds are a different instrument. They are paid only from the project, they are not a debt of the county or the city, and the issuer may not levy a tax to pay them.
Conflict rule
A board member may not take an official action when the member has a monetary interest in the matter. A statewide official may not do business with a state agency through a business the official owns more than 25% of.
Which ethics statute covers local officers, what counts as an interest, and who is left out? Code § 45-10-3 and § 45-10-20. The board rule has no percent. It is any direct or indirect monetary interest. The 25% rule is a different statute. Substantial interest means direct or indirect ownership of more than 25% of the assets or stock of a business. A full-time official with statewide power, and a family member, may not transact business with any state agency through such a business. An official whose power is limited is barred only from the agency that official serves. Family means a spouse and dependents. A sealed bid is an exception. So is one transaction of $250 or less, if the year’s total stays under $9,000.
Geography
One hundred fifty-nine counties.
What is the county-equivalent, and which cities, schools, and authorities must not be pasted onto that row? Census county codes 13001 through 13321. County seats are not in the debt schedule, so they are not filled in. Cities, school systems, and state authorities also borrow. Dollar rows stay blank.
Primary money record
General obligation bond principal: $8.282 billion, as of June 30, 2025.
Which audited report is the state's own number, and as of what date? State Financing and Investment Commission, outstanding debt-service schedule. The principal due in each year from fiscal 2026 through fiscal 2044 adds to $8,281,845,000. The schedule prints remaining interest of $2,157,389,921.55. Sixty-four issues still have a payment due in fiscal 2026. A later commission report, through November 30, 2025, shows principal of $7,759,965,000 after scheduled payments of $518,880,000 and an open-market purchase of $3,000,000. That is a later date, not a second debt.
Who pays the coupon
In the year ending June 30, 2026, these bonds need $812.125 million of principal and $324.735 million of interest.
Which fund, tax, or rate is actually pledged — not which new store might show up later? The same schedule. Together that is $1,136,859,619.33. The constitution requires the General Assembly to appropriate each year’s debt service. If the money set aside is not enough, a holder of these bonds may sue to compel the fiscal officer to set aside the first revenues that come in. The full faith and credit of the state is pledged.
Other obligors
Guaranteed-revenue bond principal: $367.380 million, as of July 1, 2025. Do not add it to the $8.282 billion.
Which authorities and districts borrow beside the state and must not be added to its total? Commission activity report. These bonds are also secured by the full faith and credit of the state, but they are a separate line. Remaining interest on them at that date was $229,924,710. By November 30, 2025, a new series of $94,785,000 had been issued and the principal was $462,165,000. State authorities issue still other debt, payable only from their own revenues. The commission’s plan says there is no legal recourse to the state for that debt, and it is not in the 10% test. No total for those authority bonds is attached here. The January 2026 plan also says $325.2 million of general-obligation debt and $104.8 million of guaranteed-revenue debt had been authorized and not yet sold.
Book-entry wall
Cede & Co., at the Depository Trust Company.
Who is the registered owner on ordinary public paper? Series-level confirmation still waits on that official statement. Beneficial owners stay unnamed.
159 counties. Dollars blank.
Names and codes are on the record. No local debt total is attached, so none is printed.
- Appling CountySeat: Not on this record13001Not proven
- Atkinson CountySeat: Not on this record13003Not proven
- Bacon CountySeat: Not on this record13005Not proven
- Baker CountySeat: Not on this record13007Not proven
- Baldwin CountySeat: Not on this record13009Not proven
- Banks CountySeat: Not on this record13011Not proven
- Barrow CountySeat: Not on this record13013Not proven
- Bartow CountySeat: Not on this record13015Not proven
- Ben Hill CountySeat: Not on this record13017Not proven
- Berrien CountySeat: Not on this record13019Not proven
- Bibb CountySeat: Not on this record13021Not proven
- Bleckley CountySeat: Not on this record13023Not proven
- Brantley CountySeat: Not on this record13025Not proven
- Brooks CountySeat: Not on this record13027Not proven
- Bryan CountySeat: Not on this record13029Not proven
- Bulloch CountySeat: Not on this record13031Not proven
- Burke CountySeat: Not on this record13033Not proven
- Butts CountySeat: Not on this record13035Not proven
- Calhoun CountySeat: Not on this record13037Not proven
- Camden CountySeat: Not on this record13039Not proven
- Candler CountySeat: Not on this record13043Not proven
- Carroll CountySeat: Not on this record13045Not proven
- Catoosa CountySeat: Not on this record13047Not proven
- Charlton CountySeat: Not on this record13049Not proven
- Chatham CountySeat: Not on this record13051Not proven
- Chattahoochee CountySeat: Not on this record13053Not proven
- Chattooga CountySeat: Not on this record13055Not proven
- Cherokee CountySeat: Not on this record13057Not proven
- Clarke CountySeat: Not on this record13059Not proven
- Clay CountySeat: Not on this record13061Not proven
- Clayton CountySeat: Not on this record13063Not proven
- Clinch CountySeat: Not on this record13065Not proven
- Cobb CountySeat: Not on this record13067Not proven
- Coffee CountySeat: Not on this record13069Not proven
- Colquitt CountySeat: Not on this record13071Not proven
- Columbia CountySeat: Not on this record13073Not proven
- Cook CountySeat: Not on this record13075Not proven
- Coweta CountySeat: Not on this record13077Not proven
- Crawford CountySeat: Not on this record13079Not proven
- Crisp CountySeat: Not on this record13081Not proven
- Dade CountySeat: Not on this record13083Not proven
- Dawson CountySeat: Not on this record13085Not proven
- Decatur CountySeat: Not on this record13087Not proven
- DeKalb CountySeat: Not on this record13089Not proven
- Dodge CountySeat: Not on this record13091Not proven
- Dooly CountySeat: Not on this record13093Not proven
- Dougherty CountySeat: Not on this record13095Not proven
- Douglas CountySeat: Not on this record13097Not proven
- Early CountySeat: Not on this record13099Not proven
- Echols CountySeat: Not on this record13101Not proven
- Effingham CountySeat: Not on this record13103Not proven
- Elbert CountySeat: Not on this record13105Not proven
- Emanuel CountySeat: Not on this record13107Not proven
- Evans CountySeat: Not on this record13109Not proven
- Fannin CountySeat: Not on this record13111Not proven
- Fayette CountySeat: Not on this record13113Not proven
- Floyd CountySeat: Not on this record13115Not proven
- Forsyth CountySeat: Not on this record13117Not proven
- Franklin CountySeat: Not on this record13119Not proven
- Fulton CountySeat: Not on this record13121Not proven
- Gilmer CountySeat: Not on this record13123Not proven
- Glascock CountySeat: Not on this record13125Not proven
- Glynn CountySeat: Not on this record13127Not proven
- Gordon CountySeat: Not on this record13129Not proven
- Grady CountySeat: Not on this record13131Not proven
- Greene CountySeat: Not on this record13133Not proven
- Gwinnett CountySeat: Not on this record13135Not proven
- Habersham CountySeat: Not on this record13137Not proven
- Hall CountySeat: Not on this record13139Not proven
- Hancock CountySeat: Not on this record13141Not proven
- Haralson CountySeat: Not on this record13143Not proven
- Harris CountySeat: Not on this record13145Not proven
- Hart CountySeat: Not on this record13147Not proven
- Heard CountySeat: Not on this record13149Not proven
- Henry CountySeat: Not on this record13151Not proven
- Houston CountySeat: Not on this record13153Not proven
- Irwin CountySeat: Not on this record13155Not proven
- Jackson CountySeat: Not on this record13157Not proven
- Jasper CountySeat: Not on this record13159Not proven
- Jeff Davis CountySeat: Not on this record13161Not proven
- Jefferson CountySeat: Not on this record13163Not proven
- Jenkins CountySeat: Not on this record13165Not proven
- Johnson CountySeat: Not on this record13167Not proven
- Jones CountySeat: Not on this record13169Not proven
- Lamar CountySeat: Not on this record13171Not proven
- Lanier CountySeat: Not on this record13173Not proven
- Laurens CountySeat: Not on this record13175Not proven
- Lee CountySeat: Not on this record13177Not proven
- Liberty CountySeat: Not on this record13179Not proven
- Lincoln CountySeat: Not on this record13181Not proven
- Long CountySeat: Not on this record13183Not proven
- Lowndes CountySeat: Not on this record13185Not proven
- Lumpkin CountySeat: Not on this record13187Not proven
- McDuffie CountySeat: Not on this record13189Not proven
- McIntosh CountySeat: Not on this record13191Not proven
- Macon CountySeat: Not on this record13193Not proven
- Madison CountySeat: Not on this record13195Not proven
- Marion CountySeat: Not on this record13197Not proven
- Meriwether CountySeat: Not on this record13199Not proven
- Miller CountySeat: Not on this record13201Not proven
- Mitchell CountySeat: Not on this record13205Not proven
- Monroe CountySeat: Not on this record13207Not proven
- Montgomery CountySeat: Not on this record13209Not proven
- Morgan CountySeat: Not on this record13211Not proven
- Murray CountySeat: Not on this record13213Not proven
- Muscogee CountySeat: Not on this record13215Not proven
- Newton CountySeat: Not on this record13217Not proven
- Oconee CountySeat: Not on this record13219Not proven
- Oglethorpe CountySeat: Not on this record13221Not proven
- Paulding CountySeat: Not on this record13223Not proven
- Peach CountySeat: Not on this record13225Not proven
- Pickens CountySeat: Not on this record13227Not proven
- Pierce CountySeat: Not on this record13229Not proven
- Pike CountySeat: Not on this record13231Not proven
- Polk CountySeat: Not on this record13233Not proven
- Pulaski CountySeat: Not on this record13235Not proven
- Putnam CountySeat: Not on this record13237Not proven
- Quitman CountySeat: Not on this record13239Not proven
- Rabun CountySeat: Not on this record13241Not proven
- Randolph CountySeat: Not on this record13243Not proven
- Richmond CountySeat: Not on this record13245Not proven
- Rockdale CountySeat: Not on this record13247Not proven
- Schley CountySeat: Not on this record13249Not proven
- Screven CountySeat: Not on this record13251Not proven
- Seminole CountySeat: Not on this record13253Not proven
- Spalding CountySeat: Not on this record13255Not proven
- Stephens CountySeat: Not on this record13257Not proven
- Stewart CountySeat: Not on this record13259Not proven
- Sumter CountySeat: Not on this record13261Not proven
- Talbot CountySeat: Not on this record13263Not proven
- Taliaferro CountySeat: Not on this record13265Not proven
- Tattnall CountySeat: Not on this record13267Not proven
- Taylor CountySeat: Not on this record13269Not proven
- Telfair CountySeat: Not on this record13271Not proven
- Terrell CountySeat: Not on this record13273Not proven
- Thomas CountySeat: Not on this record13275Not proven
- Tift CountySeat: Not on this record13277Not proven
- Toombs CountySeat: Not on this record13279Not proven
- Towns CountySeat: Not on this record13281Not proven
- Treutlen CountySeat: Not on this record13283Not proven
- Troup CountySeat: Not on this record13285Not proven
- Turner CountySeat: Not on this record13287Not proven
- Twiggs CountySeat: Not on this record13289Not proven
- Union CountySeat: Not on this record13291Not proven
- Upson CountySeat: Not on this record13293Not proven
- Walker CountySeat: Not on this record13295Not proven
- Walton CountySeat: Not on this record13297Not proven
- Ware CountySeat: Not on this record13299Not proven
- Warren CountySeat: Not on this record13301Not proven
- Washington CountySeat: Not on this record13303Not proven
- Wayne CountySeat: Not on this record13305Not proven
- Webster CountySeat: Not on this record13307Not proven
- Wheeler CountySeat: Not on this record13309Not proven
- White CountySeat: Not on this record13311Not proven
- Whitfield CountySeat: Not on this record13313Not proven
- Wilcox CountySeat: Not on this record13315Not proven
- Wilkes CountySeat: Not on this record13317Not proven
- Wilkinson CountySeat: Not on this record13319Not proven
- Worth CountySeat: Not on this record13321Not proven