His comment was later countered by the Finance Minister, Ken Ofori Atta, who in his delivery of the 2017 Annual Budget statement in Parliament, said that the program will be financed from the «Annual
Budget Funding Amount (ABFA) and other domestic revenue sources.»
According to Ghana's Petroleum Revenue Management Act, 2011 (Act 815) which was amended to (Act 893), 70 % of the revenue is to be allocated into the Annual
Budget Funding Amount (ABFA), whiles the 30 % of it goes into the Petroleum Holding Fund.
Not exact matches
They were able to pare the
budget deficit down to $ 3.2 billion, but even that
amount would nearly deplete the state's rainy day
fund.
To stress - test your
budget, he suggested practicing living off an
amount equal to your guaranteed sources of retirement income for at least six months, including pensions, Social Security, annuities or — for the lucky few — trust
funds.
Budget 2012 included, as part of the restraint measures, an updating of capital defence
funding,
amounting to savings of $ 2.3 billion over the 2011 - 12 to 2016 - 17 period.
These family
budgets estimate the
amount of income that households would need to cover basic expenses through earnings only, without publicly
funded benefits or supports.
This
amount was also asked by The US White House to reserve in the US
Budget for 2016 to
fund cybersecurity measures.
GFI is entirely supported by grants and donations.79 Their three largest donors provided a total of around 25 - 40 % of their
funding in 2016, and we would expect those donors to provide a similar, perhaps slightly larger,
amount of
funding in 2017 — though GFI's intention is to raise significantly more money overall.80, 81 GFI's fiscal management strategy is to spend each year what it raised the prior year; this enables them to
budget on a rolling 12 - month timeframe.82, 83 Overall, we think that while their
funding sources are not especially diverse, they do rely on a relatively broad donor base and take a responsible and sustainable approach to their finances.
The difference is made - up from interest payments that are owed to the trust
funds, but that
amounts to one part of the government paying another, so it is already adding pressure onto the rest of the
budget.
Isn't this the same child that inspired the above email that played a key role in her book, and who inspired her to raise the
amount of money
budgeted for special needs education and services in Alaska, just a year after she slashed a significant portion of such
funds?
The churches, however, were mostly meager
funders of their schools; what they gave
amounted to only a token part of the
budgets each college had to balance annually.
Lucas and Gibbs» heading off will knock a considerable
amount off of the wage
budget, which could help to
fund a move for Thomas Lemar or Jean Michael Seri.
An
amount of GH cents 3.6 billion has been
budgeted fromforeign financed capital expenditure and this will be
funded by a combination of donor project grants and project loans.
While there is currently no consensus on how large a state rainy day
fund should aim to be, bonding agencies and state
budget officials generally target 5 percent as the appropriate
amount.
So, if Cuomo's bill language had been in effect at the start of the year, it would have authorized a transfer from the infrastructure
fund into the general
fund of «such
amounts as the director of the
budget deem (ed) necessary to meet the requirements of the state financial plan.»
Last year's
budget gutted the
funding formula to shortchange needier regions, and granted privately run charter schools double the
amount per child that public schools received.
Governor's Locked Box: Governor Cuomo should issue an executive order creating a «Governor's Locked Box» which prohibits the Division of the
Budget from formulating a budget that includes diversions of dedicated funds or across the board cuts that amount to diversions of dedicated funds to the general
Budget from formulating a
budget that includes diversions of dedicated funds or across the board cuts that amount to diversions of dedicated funds to the general
budget that includes diversions of dedicated
funds or across the board cuts that
amount to diversions of dedicated
funds to the general
fund.
«Today's announcement by Governor Cuomo is an encouraging first step,» Gianaris said in a statement, «but significant questions remain regarding the source of this new capital
funding and the continuing
budget hole of several billions of dollars beyond the
amount announced today.»
Rather than line out specific
amounts for individual projects, the
funds are giant lumps of cash inserted into
budget legislation, with diffuse language governing their spending and a nod toward a process for spending that involves a state agency or authority and sometimes a memorandum of understanding with legislative leaders.
Governor Cuomo also, for the first time, is requesting a
budget line for public financing of campaigns, though he has not yet filled in the details of a dollar
amount or
funding source.
Deutsch says New York would be better off using its
budget funds to provide for New Yorkers who are struggling the hardest financially, rather than helping what
amounts to a small
amount of the state's population.
(For 2017 NYSOFA has tentatively awarded us $ 620,596 of III - C - 2
funding) Seniors determines the Trump 2018
Budget Blueprint proposal calls for a seventeen point nine percent (17.9 %) reduction in Health and Human Services
funding; however the proposal does not provide detail, at this time, on the specific
amount, if any, the III - C - 2 program, or any of our other four Title III grant programs may be reduced.
Additional
Funding for Enforcement; Review of JCOPE to Ensure Performance The
Budget also provides an additional $ 1.2 million for enforcement activities at the Joint Commission on Public Ethics, amounting to a 27 percent increase in the Commission's operating b
Budget also provides an additional $ 1.2 million for enforcement activities at the Joint Commission on Public Ethics,
amounting to a 27 percent increase in the Commission's operating
budgetbudget.
Such measures include: broad expansions of executive authority to redirect or reduce
funding after the enactment of the
Budget and the shifting of billions of dollars in spending outside the
Budget; the appropriation of significant
amounts with little detail as to specific purposes or recipients; and reduction of the independent oversight of public resources.»
The County shall maintain an unassigned balance in the General
Fund equal to or greater than five percent of the
amount contained in the adopted
budget of the General
Fund of the County's last audited financial statements.
«I am really tired of hearing our Republican colleagues on the City Council whining about our state delegation not delivering
funds for Yonkers,» said Majority Leader Michael Sabatino, «Let me point out that the current State Senate is controlled by Republicans, who reduced the
amount of money in the original Assembly
budget bill by millions of dollars.
Although the committee leaders recommended changes to the internal components of the spending formula, the
budget proposal has no change in the total
amount of education
funding — which would provide a huge sigh of relief for cities and towns.
The IDC's
budget proposal, introduced in January, «included a $ 1.47 billion investment in the Foundation Aid formula for the first year with a multi-year commitment to achieve complete
funding,» Alcantara told parents earlier this week, adding that as an IDC member, she has «a voice at the
budget table» and is «confident that the end of this year's
budget process New York state will have invested a record
amount of
funding in education.»
«Today's announcement by Governor Cuomo is an encouraging first step, but significant questions remain regarding the source of this new capital
funding and the continuing
budget hole of several billions dollars beyond the
amount announced today.
Nonprofit providers who operate shelters and provide homeless prevention and aftercare services, who have been agitating for across - the - board contract increases from the de Blasio administration as part of this year's
budget, said they were concerned about how the city planned to
fund what
amounts to a broadening of their work.
The legislation would grant the memorial and museum $ 20 million in annual
funding, which
amounts to roughly one third of its operating
budget.
According to the proposed
budget, if the governor declares a state of emergency for the transit system and the state appropriates
funds for the MTA to deal with that emergency, the city will be required to appropriate the same
amount.
But he has yet to identify where that money is coming from, and that «unprecedented»
amount of
funding is actually the smallest, or second smallest, state contribution to the MTA since 2000 when adjusted for inflation, depending on how you crunch the numbers, according to the non-partisan Citizens
Budget Commission.
«The specific
amount of such spending — which could impact growth in State Operating
Funds expenditures — is not projected in the Executive
Budget.»
Even if he signs it, committing to do more for struggling hospitals, the
amount of
funding still would have to be negotiated during the
budget sessions, and the criteria this bill lays out could be amended then.
The audit also found that district officials appropriated nearly $ 2.8 million of
fund balance in the annual
budgets but did not use approximately 94 percent of that
amount.
In addition to the expansion of Peck Slip, the DOE also announced Tuesday that it is planning to shift $ 200 million in technology
funding from this year's
budget to 2013 and 2014, to even out the
amount the city has to spend over the next three years.
Last week the Wall Street Journal reported that Cuomo called Jeff Klein, co-leader of the State Senate, to push for a reduced
amount of pre-K
funding in his
budget proposal.
The $ 84.67 billion city
budget that de Blasio introduced Tuesday did not have any «Trump - specific adjustments» but the city prepared for the possibility of losing federal
funds by bolstering its reserves to more than $ 5 billion, the highest
amount ever.
«It's a very objective set of criteria that they use, and we knew that the 2014
budget which was adopted in» 13, was gonna trigger the 50 percent of it, of the score, is tied to how much of the
fund balance you use, so there was a significant
amount of
fund balance used to balance that
budget.
Assemblywoman Catherine Nolan of Queens, chair of the chamber's education committee, said the Democratic conference would push to increase the
amount of
funding outlined in Gov. Andrew Cuomo's
budget plan, which calls for almost $ 700 million in added formula - based aid and $ 100 million as an initial investment in universal statewide full - day prekindergarten.
The
budget agreement also increased state
funding for charters, doubling the
amount from $ 250 to $ 500 per student over the next three years.
The current fiscal year's enacted
budget contains $ 100 million in
funding, and the same
amount has been slated for 2017 - 18.
«We're hopeful that the Legislature, in response to this report, substantially increases the
amount of
funding through the formula in this
budget,» Sciarra said.
Topics included his reaction to Governor Cuomo's statement that he is not planning to approve a specific
amount of pre-K
funding set forth in the state senate proposed
budget, how confident he is of pre-K
funding, the status of his administration's review of the city's Sandy relief programs, his reaction to Governor Cuomo's statements on mayoral control of the city school system and charter schools, the current status of site clearing and the investigation into the cause of the East Harlem building explosion, whether New Yorkers should be concerned about gas leaks, his reaction to a tweet yesterday by Council Speaker Melissa Mark - Viverito critical of Governor Cuomo's reaction to the East Harlem building explosion, how the church services he attended this morning for victims affected him personally and the relief efforts being led by his wife, Chirlane McCray, and the Mayor's
Fund for NYC.
But despite the city's wariness about potential risks to the city's
budget, de Blasio's spending plan does not increase the
amount of money the city is setting aside in its reserves,
funds set aside in the event of worst case
budget scenarios.
Fiscal watchdogs and independent
budget analysts have estimated those proposed cuts — which include a shift in how the City University of New York schools are
funded, city assumption of its own growth in Medicaid costs, and a state clawback of savings the city achieved through a debt refinancing — would cost the city nearly $ 1 billion in the coming fiscal year, an
amount that would increase with each passing year.
Increasing the
amount of city money in the account would lessen SURA's reliance on other sources of
funding to meet payroll, a concern raised by the Authorities
Budget Office, DelVecchio said.
By Abdallah el - Kurebe Governor Aminu Waziri Tambuwal of Sokoto state has stated the 2017
budget performance was poor in the state because there was no
funds to match the
budgeted amount of N204 billion..
County officials have consistently underestimated personal services costs in the past and then over-expended the
budgeted amounts, with the largest over-expended
amounts in the general and hospital
funds.