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"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.
Full definition
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.
Gamerman says the rebate checks are to be paid for through
future state surpluses that have not yet materialized.
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.
Easton says a recently
announced state surplus of over $ 4 billion, from settlements with banks and insurance companies, should be used to fill the gap that his group says has grown to nearly $ 6 billion.
However, Khoury said promises made to school districts should have a priority
with state surplus funds.
If state surpluses and low interest rates hold out, Cuomo likely will try to leave this to the next governor, as he seems to be doing with the Tappan Zee financing.
Gamerman, with Citizens Budget Commission, says the rebate checks are to be paid for through
future state surpluses that have not yet materialized.
The lawmakers are calling for part of the $ 5.1 billion
state surplus to be used to pay for the statewide retrofit.
There is a sacrifice municipalities may have to make: the lawmakers are calling for part of the $ 5.1 billion
state surplus to be used to pay for the retrofit.
Education funding advocates say they have a use for the recently announced $ 4.2 billion
state surplus.
The lawmakers want to use part of the $ 5 billion
state surplus to be used to pay for the retrofit.
The state surplus had helped to expand standards - based professional development programs, including algebra academies for teachers and students.