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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This story has been updated with new information from the mayor's office and Metro Council President Markus Winkler. Louisville has a $16 million budget surplus. Eleanor McCrary, The Courier-Journal, 18 Nov. 2024 Newport Beach has a solid pension pay-down plan in place and has been operating with a budget surplus, which positions us well for the future. Erika I. Ritchie, Orange County Register, 4 Oct. 2024 The Louisville Metro Council previously earmarked $2 million to be split between Central Park, the Humane Society and the city's rainy day fund for any budget surplus this fiscal year. Eleanor McCrary, The Courier-Journal, 18 Nov. 2024 In fact, the last time the federal government had a budget surplus was during the Clinton administration when Republicans held the majority in Congress (see the following chart). Mike Patton, Forbes, 31 Oct. 2024 See all Example Sentences for budget surplus 

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 22 Dec. 2024.

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