The Buzz

February 13, 2014

STATE HOUSE: State has extra $108 million to spend next year

The Buzz

A blog from The State's political team of Cassie Cope, Jamie Self and Andy Shain. Email tips to

The S.C. General Assembly has an extra $108 million to spend next year after the state Board of Economic Advisors revised its budget estimate Thursday.

The state is getting $80 million above forecasts from the state lottery with a spike in ticket sales after a series of $100 million-plus jackpots.

The board also added $28 million that the state received from a drug lawsuit settlement.

South Carolina has about $7 billion in state money to spend next year.

Revenue from taxes and other sources are up an adjusted $39.5 million over a year ago.

But the board did not include that excess in what lawmakers could spend because of anticipated dips in tax collections after a pair of winter storms during the past two weeks.

Gov. Nikki Haley has asked that any extra money above budget forecasts go toward paying for road and bridge repairs.

Related content


Editor's Choice Videos