How to Use budget surplus in a Sentence

budget surplus

noun

• 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
• But this year the April budget surplus fell by $135 billion from a year earlier.
  — The Editorial Board, wsj.com, 8 May 2023
• Texas' record-high $33 billion budget surplus gives the state a range of options on what issues to invest the money in.
  — Kennedy Sessions, Chron, 16 Feb. 2023
• But Abbott wants Texas to use a budget surplus to buy down school district taxes.
  — Philip Jankowski, Dallas News, 6 June 2023
• 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
• The lack of funding took place as Texas had a more than $32 billion budget surplus to work with during this year's legislative session.
  — CBS News, 19 July 2023
• That was when California had a modest budget surplus that would grow to nearly $100 billion over the next two years.
  — Michael Smolens, San Diego Union-Tribune, 2 July 2023
• California didn’t have a budget surplus at all but, rather, a $25 billion deficit.
  — The Editors, National Review, 10 May 2023
• Earlier this year, a measure to install air-conditioning passed in the Texas House, only to die in the state Senate, despite the fact that the state has a budget surplus.
  — Amy Davidson Sorkin, The New Yorker, 30 June 2023
• This year’s tax-free holiday follows a soaring state budget surplus and the introduction of a bill to reduce sales tax.
  — Megan Farrer, Dallas News, 25 July 2023
• The last budget surplus for the federal government occurred in 2001.
  — Max Zahn, ABC News, 22 Feb. 2023
• The government in Dublin has a big budget surplus, thanks to a boom in tax revenue from multinational companies.
  — Ed O’Loughlin, New York Times, 15 Sep. 2023
• If Alaska’s oil production and prices meet projections made in March, the state could expect to have a roughly $300 million budget surplus.
  — Sean Maguire, Anchorage Daily News, 27 June 2023
• 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
• 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
• Notably, the universe is operating with a dust budget surplus.
  — Julia Musto, Fox News, 15 Mar. 2023
• The new and expanded programs detailed in the report are the result of a budget surplus calculated at $9.2 billion in January.
  — Paul Egan, Detroit Free Press, 29 June 2023
• Virginia has a large budget surplus, and Youngkin and GOP legislators have proposed dedicating that money to new tax cuts.
  — Grace Segers, The New Republic, 25 Aug. 2023
• Exactly one year ago, Newsom and the Legislature were basking in a $100-billion budget surplus.
  — George Skelton, Los Angeles Times, 29 May 2023
• Penfield joined over 150 other Wisconsin schools and business leaders last year in a plea to lawmakers to use the state budget surplus to give schools more funding per student, just to keep up with inflation.
  — Rory Linnane, Journal Sentinel, 21 Apr. 2023
• But Reece outfoxed her colleagues, demanding a county sitting on a $61 million budget surplus at the time to follow through on giving the full property tax rollback.
  — Jason Williams, The Enquirer, 10 Aug. 2023
• Plans for taxes and spending released to date set a budget surplus of 0.5% of GDP as the new government’s target, primarily financed with more tax collection.
  — Carlos Góes, The Conversation, 30 Jan. 2023
• Moreover, tensions have risen between school leaders and Texas lawmakers as the hopes that the state’s $32.7 billion budget surplus would have helped districts keep up with inflation and provide teacher raises fell flat in the last year.
  — Lina Ruiz, Fort Worth Star-Telegram, 12 Feb. 2024
• Keen on fiscal discipline, Medina aims to post a budget surplus of 0.8% of gross domestic product this year, which would be the biggest in Portugal's last five decades as a democracy.
  — Joao Lima and Henrique Almeida Bloomberg News (tns), arkansasonline.com, 13 Nov. 2023
• Most recently, legislators this year failed to take up Gov. Brad Little’s proposal to use a fraction of Idaho’s record-breaking budget surplus to build a 26-bed facility on state land near the state prison.
  — Audrey Dutton, ProPublica, 13 Dec. 2023
• Efforts had been underway to use a portion of the state’s budget surplus to pay off $3.9 billion in natural gas utility debt, but that provision was recently stripped from the spending bill under review in the House.
  — Philip Jankowski, Dallas News, 28 Mar. 2023
• At the top of all lists, Republican leaders have promised residents property tax relief, which is made more possible by a $33 billion budget surplus.
  — Gromer Jeffers Jr., Dallas News, 24 Apr. 2023
• Final legislative passage came after decades of attempts at the Statehouse in Montgomery but this year's measure gained broad bipartisan support against a backdrop of soaring food prices and a hefty state budget surplus.
  — Kim Chandler, ajc, 2 June 2023
• Unlike Evers' previous budget requests that relied heavily on borrowing to pay for the projects, the governor this time around suggested paying for about half of the work with cash from the state's more than $7 billion budget surplus.
  — Kelly Meyerhofer, Journal Sentinel, 28 Feb. 2023
• At Los Angeles Unified, the state’s largest school system, the financial picture appears different, with a large budget surplus that seems able to support significant raises and hiring.
  — Howard Blume, Los Angeles Times, 4 Apr. 2023

Last Updated: 27 Jun 2024