Legislature sitting on $137.9 million surplus – enough to cover four months of expenses, auditor says

Posted by By at 5 January, at 16 : 48 PM Print

The state’s legislative branch closed the books on the 2017-18 fiscal year sitting on a $137.9 million financial cushion, according to an audit released on Thursday.

This latest annual review of legislative spending approved by the Legislative Audit Advisory Commission shows the size of the legislative surplus grew from the $94.9 million left over at the end of the 2016-17 fiscal year after all commitments were paid.

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Eric J. Epstein is RocktheCapital‘s coordinator and a community advocate for good government for over 25 years. Mr. Epstein is also Chairman of the Three Mile Island Alert, Inc., a safe-energy organization founded in 1977; President of EFMR Monitoring Group, Inc., a non-profit economic development corporation established in 1977, and Chairman of the Stray Winds Area Neighbors (SWAN), a smart growth association organized in 2005. Mr. Epstein was a Visiting Assistant Professor of Humanities at PSU-Harrisburg (1992-1999) and co-authored the Dictionary of the Holocaust, which was released by Greenwood Press (1997) - Email Eric Epstein

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