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
• DeSantis said his line-item vetoes will boost the state’s budget surplus to $17 billion, money the state will need if there’s a killer storm this season.
  — Orlando Sentinel and South Florida Sun Sentinel Editorial Boards, Orlando Sentinel, 16 June 2024
• Just two years ago, Newsom boasted of a $97.5 billion budget surplus.
  — Dan Walters, The Mercury News, 14 May 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
• The money would come from the current year’s budget surplus and carrying it forward into the next fiscal year.
  — Christopher Keating, Hartford Courant, 8 May 2024
• 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
• Any tax cuts floated next year would lean on the state's surplus — Wisconsin has $4 billion budget surplus and a $2 billion rainy-day fund.
  — Hope Karnopp, Journal Sentinel, 2 Jan. 2024
• 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
• Democrats gained control of both legislative chambers, clearing the way for a more liberal course in state government, aided by a huge budget surplus.
  — Steve Karnowski, Fortune, 6 Aug. 2024
• 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
• Newsom restored the deductions and ended the tax limits one year early in 2022 when the state anticipated a massive budget surplus.
  — Taryn Luna, Los Angeles Times, 6 June 2024
• 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
• Proposed an expansion of the child tax credit, billions in increases on some taxes and a plan to spend much of a $17.5 billion budget surplus for progressive priorities.
  — Justin Green, Axios, 6 Aug. 2024

Last Updated: 21 Dec 2024