budget surplus

noun

: more money than is needed to pay for planned expenses
The state currently has a $3 million budget surplus.

Examples of budget surplus in a Sentence

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Currently, if state expenses exceed state revenues, Iowa can pull 50% of the difference from the Taxpayer Relief Fund and take the remainder from its budget surplus. Stephen Gruber-Miller, Des Moines Register, 5 Mar. 2026 The new framework agreement to fund renovations at the city’s 25-year-old sports, concert and convention venue relies heavily on state support, at a time when the state enjoys a budget surplus that could easily disappear in light of federal funding cuts and other uncertainty in the economy. Frederick Melo, Twin Cities, 3 Mar. 2026 Lyerly said the plaintiffs will continue the lawsuit regardless of whether the budget surplus is distributed to schools. Kayla Huynh, jsonline.com, 24 Feb. 2026 Virginia Democrats would be unwise to jack up income taxes despite a budget surplus. Editorial Board, Washington Post, 5 Feb. 2026 See All Example Sentences for budget surplus

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“Budget surplus.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/budget%20surplus. Accessed 12 Mar. 2026.

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