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State should wisely target surplus funds - Charleston City Paper

The state of South Carolina has won the lottery. It has a billion dollars in surplus funds in the coming year that can be used to address generational problems left lingering for far too long. read more

Editorial: State should spend surplus funds wisely

Donahue, R-Mandeville, thinks the state’s “rainy day” fund should be replenished with some of the cash, since the state owes the fund $330 million by 2015 as part of a lawsuit settlement. read more

Editorial: Surplus, yes, but Legislature should use funds wisely

The massive infusion of federal dollars during the pandemic was meant to buoy the state’s economy after the beating it took from COVID-19 shutdowns and disruptions. read more

With tighter fiscal times ahead, R.I. Assembly must use surplus wisely ...

With tighter fiscal times ahead, R.I. Assembly must use surplus wisely in state budget ... While additional surplus funds allow policymakers to postpone difficult budget choices, ... read more

TEXAS VIEW: Legislators should use $33 billion surplus to meet state ...

Abbott hasn’t said exactly how the state should deliver the massive property tax relief he seeks. Lt. Gov. Dan Patrick, who runs the Texas Senate, has proposed increasing the annual homestead ... read more

Tax rebates begin for Georgians as candidates weigh in on surplus - MSN

The refunds, backed by Gov. Brian Kemp, are part of a continuing effort to return a portion of the surplus to taxpayers. “Because we’ve managed our state’s resources wisely, we’re again ... read more

Pennsylvania is flush with surplus cash, but it still faces a ... - WHYY

Experts have said that states should keep about 12% to 15% of their total annual costs in a rainy day fund; this year, the target would be about $7 billion in Pennsylvania. But just five years ago, it ... read more

Minnesota budget surplus forecasted at $616 million, but ... - CBS News

Minnesota is expected to have a $616 million surplus in the next two-year budget, state officials said Wednesday, but there is a looming $5 billion deficit in future years. read more

Guest column: Surplus should be returned to Montana taxpayers

The cause of that can be debated, but it does not change the fact the state is sitting on an estimated $1.5 billion cash surplus. That surplus is in addition to over $800 million in rainy day funds. read more

State Department Needs to Spend Its CHIPS Fund Wisely

A $500 million fund is a meaningful addition to the State Department’s assistance arsenal, but it will not go far if not spent wisely. A fund of this size is not going to make much of a contribution ... read more

Pennsylvania is flush with surplus cash, but it still faces a looming ...

HARRISBURG — Gov. Josh Shapiro wants to spend $3.5 billion of Pennsylvania’s surplus to stabilize transit systems, fund a court-mandated K-12 education overhaul, and expand the state’s ... read more