Budget Surpluses: How Will Lawmakers Spend Extra Funds?

2022-10-03T17:49:13-04:00

Photo credit: iStock.com/Sergey Demchenko Many states are ending the 2022 fiscal year with a budget surplus, resulting in significant legislative deliberations about the best way to utilize those funds. During the fiscal year 2021, some states grew their rainy day funds by 37.7 billion, approximately a 50% increase from the previous year. In the fiscal [...]