State finishes fiscal year with $579 million surplus

The state finished 2016-17 with a surplus of $579 million, a better ending balance than what the Legislative Fiscal Bureau had previously projected. The last LFB estimate of a $467 million ending balance, though, did not include a final look at expenditures over the fiscal year. The Department of Administration wrote in its annual fiscal report expenses came in about $41 million less than had been...