the republic logo

State government should have nearly $300 million more for next year


COLUMBIA, South Carolina — State economists say South Carolina's government should have nearly $300 million more to spend next year.

The State newspaper reported ( that the state should have about $7.5 billion for regular budget expenditures for the fiscal year beginning July 1.

Lawmakers will begin work on the budget for the coming year when they return to the Statehouse in January.

Board of Economic Advisors Chairman Chad Walldorf said the nearly 4 percent increase should total about $283 million. Walldorf said the board expects a steady increase in revenue.

The state's general fund budget is made up mostly of sales tax, personal and corporate income tax.

Information from: The State,

Think your friends should see this? Share it with them!

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)


Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.