Tag Archives: general funds

The $5 billion surplus officials don’t talk about

September 8, 2021

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By RICK BRUNDRETT Out of this fiscal year’s $32.5 billion state budget, more than a third of it – nearly $12.3 billion – is made up of “other” funds. “Other” funds include such things as fees and fines, college tuition, lottery proceeds, state gasoline taxes, and part of the state sales tax earmarked for K-12 […]

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No shortage of budget pork amid COVID-19 outbreak

December 11, 2020

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By RICK BRUNDRETT When lawmakers return in January for a new legislative session, they likely will claim they will have far less money to spend next fiscal year because of the coronavirus outbreak. But state government is far from poor, at least judging by agencies’ budget requests for fiscal 2021-22, which starts July 1 – […]

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The $4 billion state officials are keeping secret

September 18, 2020

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By RICK BRUNDRETT Many politicians and other government officials don’t want to publicly acknowledge the huge surpluses that state agencies accumulate year after year. Even amid the coronavirus outbreak in South Carolina, 101 state agencies and two major state accounts collectively ended the fiscal year on June 30 with at least $4.3 billion in “other” […]

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