FACT CHECK: GARJA wins for Georgia
Late last year, a state audit was released about the Georgia Agribusiness and Rural Jobs Act (GARJA) and its impact on both Georgia’s economy and the state government’s finances.
This study is deeply misleading and tailored to fit a narrative. It’s time to set the record straight.
Each of these points has been independently verified by a 2022 Georgia Tech Research Institute analysis.
Key Flaws With The State’s Audit:
- The state’s audit does a 5-year report on GARJA’s impact. GARJA is a 10-year program.
- The state’s audit presumed no significant job growth due to GARJA… but GARJA companies have experienced overall 18% job growth since 2018.
- The state’s audit wildly varies between economic models depending on the issue… all tailored to fit a preferred narrative about GARJA.
Cut The Spin: GARJA is a Winner for Rural Georgia:
- 34 rural small businesses are supported by GARJA and they’re based across the entire state.
- GARJA is responsible for creating and sustaining more than 2,300 rural Georgia jobs.
- GARJA is a rural Georgia lifeline: funds cannot be invested in counties with populations higher than 50,000 people and cannot be sent to companies headquartered out of state.
- GARJA means small business: funds can only be directed to small businesses with 250 employees or less.
GARJA is a Winner for State Government:
- Right now, GARJA yields $1.28 for every $1 of state tax credit — and that presumes no additional job growth.
- Every job created or sustained by GARJA means $13,400 in state revenue growth.