Definition of «state surplus»

A "state surplus" refers to a situation in which a government has more money than it needs for its expenses. It means that the state has saved or earned more money than it has spent, resulting in a surplus or extra funds. This surplus can be used for various purposes, such as improving public services, reducing taxes, or saving for future needs.

Sentences with «state surplus»

  • The senators argued at the time that Nassau and Suffolk counties didn't receive enough of a $ 5.4 billion state surplus from national banking settlements. (newsday.com)
  • Gamerman says the rebate checks are to be paid for through future state surpluses that have not yet materialized. (wrvo.org)
  • In order to create the projected state surplus to pay for the circuit breaker, the Cuomo administration's budget projections going forward require unnamed state spending cuts of between $ 7 billion and $ 8 billion through 2018, according to analyses by both the liberal Fiscal Policy Institute and the conservative Empire Center. (howiehawkins.org)
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