The treasury surplus carefully accumulated by Charles V was quickly squandered.

Notably, he paid off nearly the whole public debt, and turned over to his successor a large treasury surplus.

His reform acts were beneficial for the state, leading Ross to become the only Texas governor to call a special session of the legislature to deal with a treasury surplus.

The one-third reduction in property tax revenue would be offset by a new, higher levy on business, a $1 per-pack increase in cigarette taxes and a portion of the state's $8 billion treasury surplus.

The treasury surpluses that the frugal Emperor Gao and the relatively frugal Emperor Wu built up were expended in less than a year.

He was noted for his liberal fiscal policy and tax relief, and even criticised for squandering the treasury surpluses that Justin had accumulated.

In 1895, it supplied the United States government with $62 million in gold to float a bond issue and restore the treasury surplus of $100 million.

But completing those ships is going to effectively finish the total elimination of the treasury surplus your father and grandfather had managed to build up before the current emergency.

The treasury surplus had evaporated and the nation's economic health was worsening with the approach of the conditions that would lead to the Panic of 1893.

By continuing a sound economic policy, the regency also stocked up a considerable treasury surplus.