Labor Board Finds Budget Surplus for Second Straight Year

The National Labor Relations Board finished the fiscal year with $5.7 million left in its coffers, marking the second consecutive year the agency’s ended with a surplus, even as board officials continue to cite budget constraints for personnel cuts and operational changes.

“Despite a spending plan that anticipated the expenditure of all allocated funds, the Agency ended FY2019 with an unobligated balance of $5.7 million,” Board Chairman John Ring and General Counsel Peter Robb said in an internal memo obtained by Bloomberg Law. A board spokesman confirmed the surplus.

Federal laws like the Impoundment Control Act generally require agencies to ...