Sentences with phrase «as rainy day funds»

No state has all of its employee benefit plans funded at an acceptable earnings rate, as well as rainy day funds, highway, funds, etc $ $ Nov 12, 2013

These often were characterized as rainy day funds, but really they were spending caps in disguise.

For example, you might use your savings account as a rainy day fund and earn more interest there than in your checking account.

It is up to each individual to choose and open an appropriate bank account to serve as the rainy day fund.

I have an additional $ 30k as a rainy day fund.

Consider the Gerber Life College Plan as an essential part of your financial portfolio that can be used for anything at all, from tuition and books to starting a new business, buying a car, or as a rainy day fund.

This can be used as a rainy day fund, to be drawn on if you need it.

Not exact matches

Some look at the funds in the bank as rainy day reserves instead of looking for a return on investment from a formal campaign.

Real estate brokers have long tried to woo the bank into listing the building, but Scotia has held on to it as a kind of rainy - day fund.

For state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus program.

While the Budget Stabilization Fund serves as Illinois» nominal «rainy day» reserve, sufficient funds have yet to be allocated.

Contrary to popular belief, the fund was never intended to serve purely as a stash for a «rainy day»; it always had multiple social and political objectives — not unlike a central bank with an awkward dual mandate — and its investments included discounted loans to other provincial governments in the inflationary late»70s.

Don't sock away for a rainy day fund, because as you pay off CCard debt you'll have credit you can tap if needed.

The central bank's foreign reserves have dropped by $ 36bn, or 5 per cent, over the past two months, as newly crowned King Salman bin Abdulaziz Al Saud dips into Riyadh's rainy - day fund and increases domestic borrowing to fund public - sector salaries and large development projects.

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.

Aside from that $ 850 million, which represents a use of one - shot money to repay what amounts to a debt, the Legislature should tighten up the allocation language by insisting that any transfer from the infrastructure fund must be repaid, as is already required for the rainy day Ffund must be repaid, as is already required for the rainy day FundFund.

He said he wants the job of comptroller to improve the city's fiscal management and dismissed the notion that the city has enough saved in rainy day funds as well as the positive ratings that the city has been given by outside financial monitors.

Benjamin Barnes, secretary of the Office of Policy and Management, warned that the rainy day fund — known as the «budget reserve fund» — will have to be used to pay down the deficit unless the legislature acts to reduce spending.

Lead sponsor of the Property Tax Stabilization Fund to serve as a dedicated rainy day fund to hold the line on property tax increaFund to serve as a dedicated rainy day fund to hold the line on property tax increafund to hold the line on property tax increases.

Stringer noted that the mayor recently put an extra $ 864 million into a rainy - day account known as the Retiree Health Benefits Trust Fund, in addition to an existing $ 1 billion the mayor put in the reserve in February.

At the same time, DiNapoli says the state should bolster its reserve funds, also known as «rainy day» funds in order to better prepare for the economic downturn.

The report also calls for accounting reforms similar to those Ravitch suggested to New York lawmakers during the Paterson administration, such as multiyear budgeting and robust rainy - day reserve funds.

As with last year's budget cycle, de Blasio has tried to ensure that city agencies are creating larger savings and reserve funds are being set aside for rainy day spending.

Gov. Andrew Cuomo's administration pointed out that it has already adopted some of the suggestions, including building up the rainy - day fund and trimming pensions with a less - generous pension plan — known as Tier VI — for public employees.

«I am concerned that we are beginning to see warning signs of a slowing economy,» he said, emphasizing as he has done for years that the city needs to set aside more rainy day funds.

Cuomo and his budget director Robert Megna have said that the cuts are not as bad as Bloomberg claims and that the city could use its rainy day fund to patch the budget.

Speaking at the last public hearing before the City Council and City Hall finalize next year's budget by the June 30 deadline, Mulgrew said the UFT has repeatedly brought ideas to the table on how to close the city's projected budget gap without teacher layoffs, such as cutting back on outside contractors at the Department of Education or using a portion of the city's rainy - day fund.

Remaining federal stimulus funding and rainy - day reserves in many districts could absorb the education cuts, Cuomo said, as well as wage freezes or benefit contributions.

Under law, unrestricted reserves, known as «rainy day funds,» are restricted to 4 percent of a district's budget.

A debate is unfolding about use of the so - called rainy day fund to plug part of the hole — as a way of restoring some of the social service cuts.

He said that as of last Thursday, state officials were estimating about $ 1.5 billion had already been set aside for the state's rainy day fund.

As mayor, my immediate priority would be to use $ 15 million to help balance the proposed 2017 - 18 city budget, which currently draws down $ 18 million from our fund balance reserves (rainy day fund).

The governor's move is highly unusual since he's dipping into the state's rainy - day fund to pay for research efforts as opposed to paying for costs directly attributable to a natural disaster or emergency.

Committing these rainy day funds to the roads was not something we took lightly, as once the funds are expended they are gone.

As mayor of San Francisco, Newsom set up a rainy - day fund that prevented teacher layoffs during the recession and state budget cuts.

The paycheck plus my side income will enable us to rebuild our emergency and rainy day funds and free more money to buy income - producing assets such as dividend stocks and real estate (via crowdfunding).

Don't treat your TFSA as a rainy - day fund.

I am an NRI, and I have my funds for my rainy days and planned out a retirement as well.

Whether it's setting up and funding an IRA or just putting extra money aside for a rainy day, whatever the goal, how your money is invested, its asset allocation, and consistent rebalancing will be some of the most important decisions you'll make as an investor.

Emergencies are inevitable: Many people view emergency funds as just a «rainy day» fund in case something crazy happens in life.

A rainy day fund should be set aside for non-catastrophic events such as car maintenance, minor medical expenses, home repairs, unexpected travel and so forth.

Stay focused on the big picture and long - term goals (like building the rainy day fund) as well as meeting present day

It insures that as a borrower you will have a rainy day fund in case circumstances turn bad for you.