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Georgia Revenue Primer for State Fiscal Year 2022 - Georgia Budget and Policy Institute


Georgia Revenue Primer for State Fiscal Year 2022
Introduction
Georgia plans to spend $27.3 billion in state money raised through taxes and fees for the 2022 fiscal year. The budget maintains nearly $850 million in cuts from FY 2020 levels, a reduction equivalent to cutting approximately 4 percent of General Funds from the budget.
Although lawmakers restored about half of the previous year’s cuts to K-12 education, public schools remain underfunded by $416 million compared to pre-pandemic levels. The budget also maintains $145 million in cuts to higher education, $44 million in cuts to health services and programs and continued cuts to the Departments of Human Services and Labor and other critical agencies. Some federal funding provided under the American Rescue Plan (ARP) was sent directly to agencies; however, these dollars are meant to address additional needs due to COVID-19, not help fund the basic services agencies provide. ....

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Invitae Reports $103.6 Million in Revenue Driven by 259,000 in Billable Volume in First Quarter of 2021


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SAN FRANCISCO, May 4, 2021 /PRNewswire/ Invitae Corporation (NYSE: NVTA), a leading medical genetics company, today announced financial and operating results for the first quarter ended March 31, 2021 signaling continued momentum into 2021.
We had a very strong start to the year, experiencing record daily volumes, and we expect that momentum to continue into the coming years, said Sean George, co-founder and chief executive officer of Invitae. Genetic information is the foundation for personalized medicine, and we believe Invitae is uniquely positioned to deliver that information from a single platform across all stages of life, ushering personalized medicine into the mainstream to improve healthcare for all. ....

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Gladstone Capital Corporation Reports Financial Results for its Second Quarter Ended March 31, 2021


Gladstone Capital Corporation Reports Financial Results for its Second Quarter Ended March 31, 2021
MCLEAN, VA / ACCESSWIRE / May 4, 2021 /
Gladstone Capital Corporation (NASDAQ:GLAD) (the Company ) today announced earnings for its second fiscal quarter ended March 31, 2021. Please read the Company s Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the SEC ), which is available on the SEC s website at
www.sec.gov, and the investors section of the Company s website at
www.GladstoneCapital.com.
For the Quarter Ended:
(6,486
0.195
0.195
21,299
10.6
47,912
$
96.1
$
?
Portfolio Activity: Invested $72.0 million in three new proprietary portfolio companies lifting net originations to $24.1 million after $47.9 million in repayments and net proceeds. ....

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