The bigger problem, Gelinas offered, is that project debacles provide a pretext for Washington conservatives to oppose Empire
State infrastructure funding.
«Our Central New York state delegation has told me they will fight to get
state infrastructure funding for us,» Miner said.
Not exact matches
«I think many
states would have a serious challenge in providing 80 % of
funding for viable
infrastructure projects,» said one lobbyist closely involved in tracking the issue, referring to the component of the White House plan that caps federal investment at 20 %.
The lobbyist said that rural
states would be most adversely impacted, noting that even though Trump's plan includes $ 50 billion in federal
funding for rural
infrastructure projects, that may be a high enough compensatory figure.
China, where the
state owns the big mobile operators, reserves up to 70 % of its mobile
infrastructure market for its top equipment vendors, Huawei and ZTE, effectively
funding them through protectionism.
WESTERN Australia's relationship with China,
infrastructure and a
state sovereign wealth
fund were among the big - picture topics addressed by Premier Colin Barnett at last week's WA Business News Success & Leadership Series Breakfast.
COPENHAGEN, Oct 11 - PensionDanmark became the latest manager of retirement
funds to branch out in the hunt for higher returns, saying it would invest 1.6 billion euros in energy
infrastructure in Europe and the United
States.
Wang Yiming, deputy head of the Development Research Centre of China's
State Council, said at the forum that although many belt and road projects were
funded by major financial institutions — including the Asian
Infrastructure Investment Bank, New Development Bank, China Development Bank (CDB), the Export - Import Bank of China and the Silk Road
Fund — there was still a huge
funding gap of up to US$ 500 billion a year.
In fact, the P3 approach does nothing to solve the fundamental
infrastructure funding challenge faced by governments at the local,
state, and federal levels.
He criticized
states for kicking the can down the road, living beyond their means year after year in a «never - ending sense of crisis» that results in «stop - and - go
funding of vital programs,» such as those for
infrastructure, education, pensions and city and county services.
At the local and
state level, demanding
funding for repairs and improvement to outdated transit
infrastructure will greatly reduce the noise caused by trains, cars, and trucks.
«Market participants will look back on this municipal green bond issuance for Massachusetts, and see it as the gateway to further green bond issuances across the many
states and many cities that are hoping to access less expensive
funding to improve
infrastructure, protect natural resources and offer renewable energy,» says Bill Daley, Managing Director in Public Finance.
In the past 100 days, Mr. Modi has made some dramatic international maneuvers, including securing sizeable
infrastructure funding commitments from Japan and China and building new security arrangements with the United
States.
That said, a new leaf seems to have been turned this year with hedge
funds returning to positive flows in the first quarter of 2017.1 Renewed interest has been spurred by the election of Donald Trump as president of the United
States, which some industry experts are predicting should bring meaningful tax reform, deregulation and
infrastructure spending that we think could prove a boon to hedge strategies.
But if the
state issued a dollar - for - dollar
state tax credit for charitable contributions made to, say, the
state's general
infrastructure fund, the first $ 6,000 donated, though reducing
state tax liability by $ 6,000, does nothing to lower federal taxes owed because the taxpayer would still take the standard deduction.
The New Energy Capital Cleantech
Infrastructure Fund today announced an investment of $ 12.0 million in FLS Energy, Inc., the nation's largest installer of commercial solar hot water systems and one of the largest integrators of photovoltaic solar systems in the southeastern United
States.
Recommendation 2: Federal,
state, and local governments should prioritize making
funds available to help schools upgrade their kitchen equipment and
infrastructure to efficiently serve healthy and appealing meals.
Meanwhile, lawmakers and Cuomo are nearing an agreement on
funding water
infrastructure projects in the
state, trying to add more than the $ 2 billion backed by Cuomo through a bond act.
Where an SWF is primarily a
fund manager investing liquid financial assets of the
state (e.g. Singapore's GIC), an NWF is akin to an investment company in charge of active corporate governance for the commercial, operational assets of the
state such as
state - owned enterprises, real estate, forests,
infrastructure as a portfolio (e.g. Singapore's Temasek).
Given the
state of the UK's creaking transport
infrastructure, especially outside London, it is staggering that Johnson and the government are pouring so much
funding into a project which has such little transport benefit.
The National
Infrastructure Plan 2011
stated that almost two thirds of expected investment between 2011 & 2015 will be privately
funded and the remainder will be either partially or fully publicly
funded.»
Providing further details of the deal, Governor Ahmed's Chief Economic Assistant and DG of the
state PPP Office, Mr. Abayomi Ogunsola said the deal involves the
state government providing up to N1b in counterpart
funding and 400 hectares of land as well as
infrastructure support.
At 12:30 p.m., former EPA regional administrator Judith Enck speaks to the
state Bar Association about Trump's environmental record thus far and the
state's new water
infrastructure fund, 1 Elk St., Albany.
In Britain,
infrastructure investment programmes are now prominent features of both the main political parties» programmes, while proposals for a universal citizen's income, a monthly payment to every citizen by right and the creation of a sovereign wealth
fund to help cover the
state's liabilities for vital public goods continue to gain traction.
Even if lawmakers do not include a complete congestion pricing plan in the
state budget, due March 31, they could approve
funding so work can start on the
infrastructure that will be needed once all sides agree.
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.»
This proposal runs contrary to the
state's efforts to expand access to broadband, and singles out a single industry, and its customers, for increased
funding for transportation
infrastructure.
The discussion around the TZ replacement has been for the
state to borrow from union pension
funds to create a
state run «
infrastructure fund» which then finances road and bridge construction.
«With this significant
funding, we can invest in the future of our bicycle and pedestrian
infrastructure in communities across the
state.
(WBEN / AP) President Donald Trump will herald a robust economy, push for
infrastructure funding and press for bipartisan congressional action on immigration in Tuesday's
State of the Union address.
Given the
State's limited resources, shrinking statutory debt capacity and unmet capital needs, it is critical that the
State prioritize its use of debt and capital resources — including the (windfall) resources deposited in the (
infrastructure fund)-- to ensure that they are used as effectively as possible, and with appropriate levels of transparency and accountability.
Their ire was directed toward Gov. Andrew Cuomo, who advocates said has failed to
fund the
state - run agency to meet the demand for
infrastructure upgrades while he also sidesteps the issue of degrading service.
With the support of the
state's three top leaders, however, it seems like the structure of the
infrastructure fund and MTA tax cut are both relatively done deals.
«What I believe here is that this gives the backing to the MTA and the Long Island Rail Road to stop payments, and as I've been reading in the news and hearing on the news is Amtrak, after the governor and our national representatives... have gotten together calling on Trump for federal
funding, which I fully support, Amtrak came out and said that they have the money to do this fix,» said
state Sen. Elaine Phillips, the bill's sponsor who also chairs the
Infrastructure and Capital Investment Committee.
The Public Protection and General Government Article 7 bill submitted with Cuomo's 2016 Executive Budget (as amended) identifies three exceptional situations in which the windfall money could be diverted from a newly created
Infrastructure Investment
Fund into the state's all - purpose general fund, most of which supports operating expen
Fund into the
state's all - purpose general
fund, most of which supports operating expen
fund, most of which supports operating expenses.
In fact, the
state's existing composite business cycle index — also known as the Index of Coincident Economic Indicators, based on language identical to what's laid out in Cuomo's proposed
infrastructure fund — actually did decline for three consecutive months at the end of 2014, as illustrated in the chart below.
The governor, in his second of six
State of the State addresses around the state this week, said he will also propose a $ 2 billion fund for clean drinking water infrastructure improvem
State of the
State addresses around the state this week, said he will also propose a $ 2 billion fund for clean drinking water infrastructure improvem
State addresses around the
state this week, said he will also propose a $ 2 billion fund for clean drinking water infrastructure improvem
state this week, said he will also propose a $ 2 billion
fund for clean drinking water
infrastructure improvements.
A New York environmental group is calling for increased water
infrastructure and staff
funding at the
state's Department of Environmental Conservation.
Introduced by
State Assemblyman Robert Rodriguez, and co-sponsored by 14 other
State Assembly persons, the legislation, if passed would create a $ 4.5 billion Transit Gap Investment
Fund to improve
infrastructure, according to the Brooklyn Daily Eagle.
The
funding is in addition to over $ 104 million in capital
funding for tourism
infrastructure provided last year for local tourism projects as well as investments in
state parks, like Jones Beach and Niagara Falls and facilities of the Olympic Regional Development Authority.
«Gov. Cuomo and
state lawmakers should see clearly that the feds aren't coming to the rescue, and we'll have to implement a new progressive
funding source like congestion pricing if we are ever going to repair our transit
infrastructure.»
A Siena College poll released this morning found there was broad support for most of Cuomo's major agenda in the new year, including an extension of the
state's surcharge on millions, reduced tuition costs for SUNY students whose families earn $ 125,000 a year and less and a $ 2 billion clean water
infrastructure fund.
Perhaps most importantly, the counties are pushing for using bank settlement
funds for upstate road and water
infrastructure projects and have the
state invest in clean water
infrastructure.
The Minister of
State for Aviation, Hadi Sirika who made this known while briefing
State House correspondents after the weekly Federal Executive Council, FEC, meeting said that all the airports in the country will be concessioned as the Federal government will not be able to
fund infrastructure from the national budget.
The
state will pay for the new projects and improvements on
infrastructure by using existing
state, Metropolitan Transportation Authority, Port Authority and financial settlement
funds from banks, Cuomo said.
«In
states across America, legislators have been pressured into a toxic game of cross-border business poaching that drives millions of dollars in tax breaks and subsidies to wealthy executives — draining
funds we need to invest in
infrastructure, schools, parks, and other public goods that is the bedrock of economic health.»
The chancellor, George Osborne has already indicated that he is ready to use about # 20bn of
state funds to underwrite private investment in
infrastructure projects.
S.W.A.P. would provide annual
funding to all municipalities in the
state to allow them to identify and swap out old, deteriorating pipes, water mains and gas lines to better maintain the
state's
infrastructure.
«I am very supportive of additional
state funding to local municipalities within the capital district for improving and upgrading our aging
infrastructure.
Lawmakers have pushed for the previous windfall
funds to be spent solely on
infrastructure projects around the
state.