Sentences with phrase «state budget reductions»

Continues a Two - year Plan to Address County and State Budget Reductions: The County's budget addresses a significant fall off in sales tax revenue and other local revenue directly related to the financial and economic downturn in the U.S. and many other countries.

Not exact matches

The budget would expand funding for the military but impose an $ 8.8 billion reduction for the State Department and the US Agency for International Development during the current and next fiscal years — the biggest reduction since the 1990s.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

The reductions come in the wake of losing $ 500,000 in state funding — more than 60 percent of Trailside's annual operating budget.

But the kinds of reductions that he's talking about go exactly against the states that brought [Trump] to the dance, so to speak,» said G. William Hoagland, a former long - time Republican Senate budget aide.

The multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»

To address the state's fiscal challenges, the Executive Budget proposes reductions in the State University and City University sysstate's fiscal challenges, the Executive Budget proposes reductions in the State University and City University sysState University and City University systems.

He also referenced his time in the Assembly where he worked with both sides of the political aisle and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

Thanks to an aggressive campaign by ATU Locals across Connecticut, bus and train fare increases and service reductions that had been scheduled to take effect on July 1 have been canceled in a state budget adjustment bill signed by Gov. Malloy.

Faso has a long record of cutting taxes and closing budget deficits that go back to his tenure as Minority Leader in the Assembly, where he developed and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

Gov. David Paterson last Thursday proposed $ 5 billion in cuts over the next two years to fill a growing state budget deficit, and the plan makes deep reductions in funding to education, health care and state agencies.

The team, which also includes State legislators, is conducting a comprehensive review of New York's Medicaid Program and is to report its findings and recommendations for cost reductions to the Governor by March 1, 2011 for consideration in the budget negotiation process.

As a member of the New York Assembly, Faso developed and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

Cuomo in the past has called for reductions to state health care coverage for retirees but those plans haven't made it into the annual budget proposals.

John Faso worked with both sides of the political aisle and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

Gov. David Paterson has apparently included $ 775 million in cuts to state funding for health care services in his latest budget extender bill, making good on his pledge to try to force the Legislature's hand on some of his proposed spending reductions.

«Or if after 90 days the legislature fails to adopt their own plan, the reductions to the general fund and state special revenue fund appropriations and related disbursements identified in the division of the budget plan will go into effect automatically.»

Governor Paterson's proposed 2009 - 2010 budget features reductions in state aid to CUNY and SUNY, despite a projected increase in enrollment for 2009 - 2010.

While we are a strong advocate for spending constraint, we note with concern that while most major spending categories are subject to limited spending reductions, the Executive Budget proposes a significant contraction in the state's economic development resources.

House and Senate Republicans offered two different versions of no - tax - increase budget plans Tuesday that they insist can solve the state's projected two - year, $ 5 billion deficit without savage reductions in state aid to cities and towns and school funding.

In its 24th annual New York State budget briefing, the Fiscal Policy Institute reviews the major spending and tax reduction proposals contained in Governor Andrew Cuomo's 2014 - 15 Executive Bbudget briefing, the Fiscal Policy Institute reviews the major spending and tax reduction proposals contained in Governor Andrew Cuomo's 2014 - 15 Executive BudgetBudget.

State Budget Director Bob Megna issued a statement yesterday rejecting the mayor's claim that the city stands to lose $ 2 billion if Cuomo's spending plan is enacted as - is by the Legislature and also insisting the mayor has more than enough stashed away to make up the difference of whatever the final aid reduction might be.

«I am confident that the 10 percent reduction can be achieved without requiring new closures of state parks or historic site by reevaluating our operations to identify additional efficiencies, eliminating redundancies, and examining how savings from actions taken in the current fiscal year will help in in the next fiscal year,» said Andy Beers, acting commissioner of the Office of Parks Recreation and Historic Preservation, before a joint legislative budget committee this morning.

The report praises Assembly Ken Zebrowski's «Rockland County Deficit Reduction Task Force» proposal, stating that «the task force would exist for a three - year period, and could extend its oversight by majority vote for two - year periods until the deficit bonds were paid off... The task force would have broad oversight and budget recommendation powers.

Specifically, our project assessed the in - state economic impact of key business tax reductions that we expected to be included in the Executive Budget, including a reduction of the Article 9A ENI rate from 7.1 to 6.5 % (and to zero for upstate manufacturers); a modernization and restructuring of the corporate franchise tax, including its merger with the bank tax and other reform and simplification measures; and the adoption of a 20 percent real property tax credit for manufacturers statewide.

Moreover, the tax reductions included in the Executive Budget are broad based, providing benefits to the majority of corporate franchise tax payers, and their benefits focus on current New York state business employers and taxpayers.

Combining this loss with reductions in state aid, increasing costs and a shortfall carried over from a 2008 restoration that was not continued in successive year budgets, results in a total recurring budget shortfall nearing $ 7 million.

Senate leaders said the bill would restore nearly $ 434 million in GEA cuts in last year's state budget, reductions that were first instituted in 2010, when the state faced billion - dollar budget deficits.

The legislative session ended with a thud earlier this month, as lawmakers settled on a budget plan that didn't have the dramatic policy changes and spending reductions Paterson was looking for to put the state on a more sound fiscal footing after he leaves office — and presumably politics — at the end of this year.

Due to the fact many services provided by the County of Erie, State of New York are fully or partially paid for by the federal government, on March 16, 2017 County Executive Mark Poloncarz ordered certain commissioners and heads of departments that rely on federal funding to review the Trump 2018 Budget Blueprint and provide a report on the expected impact of it on Erie County services, including, but not limited to, the identification of any programs impacted by the Trump 2018 Budget Blueprint (including the expected cut in funds received), possible reduction in direct county jobs as a result of any cut, impact on third parties that receive funds from Erie County that are received from the federal government, as well as any other known impact.

Senate Republicans say their version of the state budget will include a nine - year phase - in of tax cuts that would eventually total a 25 percent reduction for middle class taxpayers.

MANHATTAN — Gov. Andrew Cuomo proposed a plan to slash billions from the state's budget, including a 2 percent cut in Medicaid spending, a $ 1.5 billion reduction in school aid and nearly 10,000 state worker layoffs, according to a plan unveiled Tuesday.

Last year, the nonpartisan Congressional Budget Office concluded that enacting medical malpractice reform would, on average, reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state bBudget Office concluded that enacting medical malpractice reform would, on average, reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state budgetbudget.

In his State of the State address this week, Malloy said, in order to balance the budget, there would need to be a reduction of the state workforce by more than 1,000 emploState of the State address this week, Malloy said, in order to balance the budget, there would need to be a reduction of the state workforce by more than 1,000 emploState address this week, Malloy said, in order to balance the budget, there would need to be a reduction of the state workforce by more than 1,000 emplostate workforce by more than 1,000 employees.

Stuart A. Klein served as the First Deputy Director of New York City's Office of Management and Budget where he was responsible for developing and reviewing strategies to manage long term budget imbalances including expense reduction programs, state and local legislative proposals, asset sales and other revenue soluBudget where he was responsible for developing and reviewing strategies to manage long term budget imbalances including expense reduction programs, state and local legislative proposals, asset sales and other revenue solubudget imbalances including expense reduction programs, state and local legislative proposals, asset sales and other revenue solutions.

Now, according to New York City Comptroller Scott Stringer, the governor is trying yet again to grow his authority, burying in his proposed budget language that would give the state budget director unilateral ability to pass cuts down to local government officials to manage the funding reductions widely expected to come from the Trump administration and GOP Congress.

According to the Binghamton Press & Sun - Bulletin, BCC has already lost about $ 2 million worth of state funding due to budget cuts, and the additional 2 percent reduction adds up to about $ 175,000.

«While we were recently able to pass an on - time and fiscally responsible budget, our pragmatic approach to closing the budget gap has caused extreme hardship in the form of cuts to schools, health care, energy and environmental programs and a drastic reduction in the state workforce,» Avella said in a statement.

The toll reduction proposal will cost $ 7 million worth of revenue from the state budget and $ 7 million for the MTA.

«In response to the significant reduction in the New York State Unified Court System's budget for this fiscal year (2011 - 12), we have implemented many difficult measures to reduce spending.

-LSB-...] Analysts warned that such a big reduction in tax revenue would leave a crater in the state's budget, but Brownback -LSB-...] promis [ed] that the cuts would more than pay for themselves by juicing the economy and creating jobs.»

The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.

Senate Republicans say their version of the state budget will include a 9 year phase of tax cuts that would eventually total a 25 percent reduction for middle class taxpayers.

Some highlights of the budget include a 45 cent increase in the cigarette tax, a 25 cent fee on ridesharing services such as Uber and Lyft, and a reduction of the state's earned income tax credit for low - income workers.

Senate Republicans say their version of the state budget will include a 9 - year phase - in of tax cuts that would eventually total a 25 percent reduction for middle class taxpayers.

Instead, his proposed budget — expected to be released in early February — will include «large reductions in Medicaid and state education spending» and big cuts in the state workforce.

John developed and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

While in the Assembly, he worked with both sides of the political aisle and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.

Environmental Advocate's David Gahl says years of budget cuts at the state Department of Environmental Conservation, known as the DEC, has led to a one third reduction of staff, and an even greater decrease in the number of inspections of potential polluters.

he worked with both sides of the political aisle and pushed proposals that led to real balanced budgets — including the first reduction in state spending in decades while closing a $ 5 billion deficit.