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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As a result, what was believed to be a budget surplus was transformed into a $177 million budget deficit. Ryan Craig, Forbes, 22 Jan. 2025 Now, many are questioning how Maryland went from a $5.5 billion surplus at the end of the previous administration, comprising $3 billion in rainy day funds and a $2.5 billion budget surplus, to a multibillion-dollar deficit in just a few years. J.b. Jennings, Baltimore Sun, 11 Feb. 2025 In the past 50 years, the federal government has ended with a fiscal year-end budget surplus four times, most recently in 2001. Brett Rowland | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 12 Jan. 2025 Where would the $100 million go? In 2023, when Idaho was riding on a $1.4 billion budget surplus, lawmakers approved a bill to create a fund to issue property tax relief to homeowners and give school districts funding to cover some of their bond and levy costs. Ian Max Stevenson, Idaho Statesman, 28 Jan. 2025 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 13 Mar. 2025.

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