The South Carolina state finances for the fiscal years 2024-2025 outlines the state’s monetary plan for that interval. It consists of appropriations for varied authorities businesses and packages, in addition to estimates of income and expenditures. The finances is developed by the Governor’s Workplace and accepted by the South Carolina Common Meeting.
The state finances is essential as a result of it supplies a roadmap for the way the state will allocate its assets. It helps to make sure that the state’s priorities are met and that the federal government is working effectively. The finances additionally supplies transparency and accountability, permitting the general public to see how their tax {dollars} are being spent.