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

Recent Examples on the Web The funding comes through transfers from the state’s general fund to the parks and recreation fund, and was created by the record budget surplus the state of Idaho accumulated at the end of fiscal year 2022. Clark Corbin, Idaho Statesman, 31 Jan. 2024 Maryland ran a budget surplus in each of its last three fiscal years, and the state’s rainy-day fund has a balance of about $2.5 billion. The Editors, National Review, 3 Apr. 2024 Sceptical economists like Diego Giacomini suggest this budget surplus is absolutely unsustainable without underlying reforms which have been ruled out by the level of bellicosity between the Executive, the legislative branch and the provincial governments. Agustino Fontevecchia, Forbes, 30 Mar. 2024 Ireland is forecast to have a $70 billion budget surplus by 2027. Nicole Goodkind, CNN, 18 Mar. 2024 Democrats heralded that change but called on the House to use the state's historic $3.7 billion budget surplus to provide raises for teachers and other school employees. The Courier-Journal, 2 Feb. 2024 The state's budget surplus will be tapped to fund most of the other building projects, which Evers also signed into law Wednesday. Kelly Meyerhofer, Journal Sentinel, 6 Mar. 2024 Even so, despite all those tax dollars, California has managed to go from a $100 billion budget surplus to a $68 billion deficit in just two years. Scott Wilk, Orange County Register, 4 Feb. 2024 Legislators anticipate a $3.5 billion budget surplus for the coming fiscal year, driven largely by oil and natural gas production in the Permian Basin that overlaps southwestern New Mexico and western Texas. Morgan Lee, Quartz, 13 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'budget surplus.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near budget surplus

Cite this Entry

“Budget surplus.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/budget%20surplus. Accessed 28 Apr. 2024.

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