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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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 Amid political battles over access to water in the southwest, the governor plans to take advantage of the recent attention, her political capital and the state’s budget surplus. Daniel Desrochers, Kansas City Star, 16 Jan. 2025 Over the next five years, Sacramento secured a rainy day fund and achieved a budget surplus for the first time in seven years. Ishani Desai, Sacramento Bee, 12 Jan. 2025 The state has a budget surplus of over $2 billion heading into next year's session, which is leading even Democrats to consider tax breaks of some sort — probably not for the 1%, though. Karri Peifer, Axios, 12 Dec. 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 14 Feb. 2025.

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