Income shrinks, state agency surpluses grow

Staff Reports's picture

The S.C. Department of Commerce started fiscal year 2021 with a $103.1 million general-fund surplus – more than double its reserves from a year ago.

The S.C. House of Representatives had a $23.7 million surplus as of July 1 for its 124-member chamber – nearly $1 million more than its entire budget, records show.

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