Comptroller Tom DiNapoli on Monday summed up his thoughts on the looming
budget troubles in one word.
As state legislators grapple with how to close a more than $ 2 billion deficit for next year, they are now facing
budget troubles in the current year.
Not exact matches
Though you may be able to cover your expenses with your income alone
in most months, if you find yourself needing to borrow money to cover your
budget even every third or fourth month it's a sign that
trouble is looming.
«Typically, homeowners don't feel they have the heft or the wherewithal to take on a lender
in that type of way,» said Jesse Ergott, executive director of Neighborhood Housing Services of Lackawanna County, a nonprofit
budget counseling agency that assists people with
troubled mortgages.
It's a good idea to make sure that the highest rate mentioned
in your contract fits into your
budget, so you don't have
trouble paying it if the rate goes that high.
Speaking at a public meeting
in which the Park District's $ 385 million
budget was unveiled, Laurence Msall, president of the Civic Federation, said the tax watchdog group supported the district's restraint
in not raising property taxes and increasing employee contributions to health care costs, but was
troubled by the «pension holiday.»
In any case, the investigation will
trouble government ministers keen to argue that council
budgets may be cut without deleterious consequences for public services.
Though few lawmakers came out publicly against the plan, it is now clear that congestion pricing was
in trouble in the hallways and back rooms of Albany long before it was left out of the new state
budget.
The state
budget includes no significant new controls or oversight on how the Cuomo administration spends money on economic development projects, and that
troubles many lawmakers after federal prosecutors accused eight men of bid - rigging schemes
in earlier development projects.
WNYC's Andrea Bernstein reports on the most
troubling sign yet that Governor - elect Andrew Cuomo is not willing to stop Albany's practice of raiding dedicated transit funds to plug gaps
in the state
budget.
The financial
troubles for Connecticut's capital, Hartford, which is veering toward bankruptcy, come at a time when the state is mired
in its own problems, including going weeks without a
budget.
Gov. Dannel P. Malloy ordered an immediate hiring freeze Thursday after a sharp nose - dive of more than $ 450 million
in state income tax collections, spelling
trouble for both the current
budget and the coming years.Malloy's
budget office told agency heads...
The de Blasio administration contends that this is a misleading way to look at a
budget, and reserves are for when the city is
in trouble, not to bail out the state.
Howard Zemsky, the chair of Cuomo's Empire State Development agency, told lawmakers
in a joint legislative
budget hearing Monday that he has complete confidence
in the integrity of the projects that he oversees, including ones they took over from the
troubled SUNY Polytechnic.
But if he deviates from his track record this time and refuses to submit new, re-negotiated
budget bills before the April 1 deadline, the Legislature could be
in trouble.
Mr Osborne, who is dubbed «the submarine»
in Westminster for his ability to emerge for set - piece events but disappear at the first sign of
trouble, is losing political credibility as his
Budget falls apart
in a series of U-turns.
«We've prevented a crazy 6 per cent rise
in the EU
budget, we've made sure the EU
budget must reflect domestic spending cuts, and we've protected the UK taxpayer from having to bail out EU countries that get themselves into
trouble,» he said at a press conference -LSB-...] A 2.9 per cent increase is expected to see Britain's contribution to the EU
budget grow by about # 400 million a year.
The non-binding
budget resolution included such IDC asks as a provision to create an independent monitor to oversee the
troubled New York City Housing Authority, diverting more than $ 400 million
in city sales tax money to the MTA, and creating a secure choice savings account that would allow workers with no retirement savings plan to set aside money
in a fund run by the state.
A second round of funding, $ 500 million,
in the
budget was approved for the so - called «Buffalo Billion» program, started by Cuomo to address western New York's economic
troubles.
Grace Rauh: «How will you be
in charge of the city's $ 85 billion
budget if you have had this much
trouble managing your own finances?»
The state may have lost up to $ 136 million
in the scandal involving banks rigging a global interest rate benchmark known as Libor to conceal their
troubles, Cuomo's
budget office estimates.
De Blasio's
budget increases spending on the
troubled public - health system and other initiatives while adding to reserves
in what he said was an increasingly uncertain economy.
E.J. McMahon on the new state
budget: «If this is truly the «best» New York can do, we're
in even more
trouble than we thought.»
Morgan Stanley expects the British
budget shortfall to earn the dubious distinction as Europe's largest
in 2013 - 14, surpassing even the deficit
in troubled Greece.»
It's no coincidence that currently facing the need for
budget cutting
in NYS Cities, Dean Skelos and the Republicans are now looking to rescue Cities
in trouble with Mandate relief legislation.
John Raskin, the executive director of the Riders Alliance, another advocacy group, said that strong leadership from the governor was crucial because he dominates the
budget and legislative process
in Albany and controls the M.T.A. «The subways are a mess, Gotham is
in trouble, and we've been flashing the bat signal,» he said.
«
In order to give our
budget deficit and revenue
troubles the attention they deserve, we must fill the position and make it one of an independent professional devoted full - time to tracking our county's fiscal situation,» Day stated.
So, I don't see any
trouble in the
budget of INEC for the conduct of the 2019 general elections because it is a critical year for Nigeria.»
Where councils can not manage down the costs of rising demand during the year, these overspends then just add to the cuts and savings required
in the following year's
budget - the
trouble piles up year on year.
State Dems plan to snub Gov. Paterson's call for health, education cuts [NYDN] Dave's
budget cuts
in trouble after poll purge [NYP]
If lawmakers want a quick reminder of why the state is
in never - ending
budget trouble, all they need to do is look
in the mirror.
The city's financial situation is
troubling council members following Mayor Lou Rosamilia's and Council President Rodney Wiltshire's meeting Friday with state comptroller's office staff about a potential 1 percent deficit
in the 2014 city
budget.
It was not immediately clear where that hospital would be built but the governor's
budget book said the money would be used
in east and central Brooklyn, an area of the city where many hospitals are
in financial
trouble.
«Without a
budget, a balanced
budget, we don't get any of the services that we want, things fall behind, and then before you know it, you're
in trouble,» she said.
Legislators grilled Zemsky on the
troubled tax free Start - Up New York program, which Cuomo subsumed into another economic development program
in his new
budget, after a report showed the program created just 408 jobs so far.
Scott has delayed the implementation of two new redistricting amendments passed by voters, released an ambitious education agenda, pushed for $ 2 billion
in tax cuts
in the midst of
budget troubles and, most recently, inflamed state legislators by rejecting a plan to build a high - speed rail system between Tampa and Orlando.
Cutting the
budget deficit should be top priority for every city
in the US as they are virtually all
in trouble.
Earlier today, a state oversight board seized control of Nassau County's finances, saying the fiscally
troubled county has failed to balance its $ 2.6 billion
budget in spite of its wealth and considerable property tax base wealthy
in spite of months of warnings to do so.
Legislators grilled Zemsky on the
troubled tax - free Start - Up NY program, which Cuomo subsumed into another economic development program
in his new
budget after a report showed the program created just 408 jobs so far.
New York Mayor Bill de Blasio proposed a $ 82.22 billion
budget Tuesday for the new fiscal year, increasing spending on the
troubled public - health system and other initiatives while adding to reserves
in what he said was an increasingly uncertain economy.
As the man appointed late to mastermind the Conservative election campaign, he knows well how much
trouble the proposed cut to Child Tax Credit — one of the very few benefit savings proposed
in the Tory manifesto, and later confirmed
in the
Budget for families earning under # 40,000 a year — caused on the doorsteps.
Though the governor has had success from Assembly Democrats, he will have more
trouble selling the Republican - led Senate on the minimum wage hike
in the
budget deal.
A long -
troubled technology initiative to prevent illicit nuclear materials from being smuggled into the United States appears to be
in danger, if the Administration's 2010
budget is any indication.
And with the NASA
budget in trouble, which countries will take the lead
in the next great space race?
The
trouble was, NASA's
budget didn't include enough funding to build the new heavy - lift rockets and deep - space crew capsules
in time to meet that deadline.
Citing the Hubble Space Telescope and the COBE satellite, which cost more than twice as much as their original
budgets, Griffin added that «some of the things NASA has done of which we
in the nation and indeed the world are most proud are things where we had far more
troubles than we're having on Mars Science Lab.»
If you have
trouble staying on track with a savings plan, make room
in your
budget to include mini rewards for yourself.
In the climate of budget conscious studios hesitant to gamble money on anything that doesn't have a «2» in the title, more and more ambitious projects are having trouble crossing the finish lin
In the climate of
budget conscious studios hesitant to gamble money on anything that doesn't have a «2»
in the title, more and more ambitious projects are having trouble crossing the finish lin
in the title, more and more ambitious projects are having
trouble crossing the finish line.
The film's had a
troubled production — shut down
in order to try and get the
budget down, only for it to skyrocket once the film went before cameras anyway — and it still remains something of a question mark
in the eyes of many.
Universal's
troubled, long delayed, and mega
budget (at least $ 200 million) samurai fantasy epic was so ambitious it stirred reports that the studio had to briefly step
in to help commercials and short helmer Carl Erik Rinsch out with...