Sentences with phrase «balance of the fiscal year»

The economy would have to slow very dramatically over the balance of the fiscal year — much more than implied in the November 2012 Update.

In the colloquy, Chairman Simpson states: «EPA's GHG regulations need to be stopped in their tracks, and that's what section 1746 does — it provides a timeout for the balance of the fiscal year, during which time EPA will be prohibited from acting on them or enforcing them.»

Lawmakers are working overtime — including on key healthcare issues — to wrap up work on a $ 1.2 trillion omnibus budget bill that would fund the government for the balance of the fiscal year.

Congress released a comprehensive «omnibus appropriations bill,» to fund the federal government for the balance of the fiscal year ending on 9/30/18.

Not exact matches

The authors said Trudeau's fiscal stimulus would add 0.5 % to economic growth this year and next, allowing the economy to reach its non-inflationary level of potential output faster than if former prime minister Stephen Harper's obsession with a balanced budget had remained Ottawa's priority.

Moody's Investor Services says spending pressure will challenge the province's ability to «sustain balanced fiscal results» over a number of years.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

The best fiscal rules are more flexible, promising to keep the structural deficit in check, for example, or pledging to balance the budget over a number of years.

The balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholder's equity at a particular points in time (at the end of a fiscal quarter or year).

Management's Discussion - Management's Discussion is when the controlling registrants must comply with all the off - balance sheet arrangements of discovery requirements in registering the statements, annual reports and the substitute or information statements that expected are to include the financial statements for their fiscal years ending on or after June.

Under Bill C - 59, if the Minister of Finance tables a budget that projects a deficit or if a deficit is reported at the end of the fiscal year, the Minister must appear before the House of Commons Finance Committee within the first 30 days of the House of Commons sitting to explain the reasons for the deficit and present a plan for a return to balanced budgets.

Mr. Flaherty also said Canada remains on track to balance its budget for the 2015 - 2016 fiscal year — and Canadians are due to go to the polls in the fall of 2015.

This means that over the balance of the current fiscal year, the government only needs to post a surplus of $ 3.3 billion in order to balance the budget in 2014 - 15.

For the nine months of the Fund's fiscal year the Fund has earned 12 %, which compares to 11 % for the Lipper Balanced Funds Index.

Budget balance has been achieved despite a slowing economy and new tax cuts mainly by doing almost nothing new on the spending side for the coming fiscal year of 2015 - 16.

The Federal budget released in late March provides modest fiscal stimulus to the Canadian economy during the balance of the year.

This could be partly due to the markets preferring a greater balance of power or the anticipation of additional fiscal stimulus in a president's third year in office.

Using the change in the underlying cash balance between financial years as an approximate indicator of the fiscal impact, the Commonwealth Budget is expected to add to growth by around 1/4 per cent of GDP this financial year, compared with a contractionary effect of around 3/4 per cent in 2002/03 (Graph 32).

It primarily sets out the Government's fiscal objectives for the upcoming five years, including forecasts of revenues, expenses and the balance (deficit / surplus).

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).

For the first six months of the Fund's fiscal year, the comparative numbers are 12 % for the Fund and 10 % for the Lipper Balanced Fund Index.

Pernod Ricard has expressed concern at the need to improve its group price / mix balance, after five of its six largest international brands posted negatives in the latest fiscal year.

(Reuters)- New York's mayor and city council came to a handshake agreement late Thursday night for an on - time and balanced budget, of $ 75 billion, for the next fiscal year.

Mr. Speaker, based on our policy objective of ensuring macroeconomic stability, and growing the economy for job creation, whilst protecting social spending, the following macroeconomic targets are set for the 2018 fiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and sefiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and seFiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and services

«Our fiscal mandate is to achieve a cyclically - adjusted current balance by the end of the rolling five year forecast period — which is currently 2015 - 16.

«The comptroller is really looking at, as we move into next year, whether or not the tax cap, which is at its lower point ever for school districts for the upcoming fiscal year, for 2016 - 17, to see the impact of that and whether or not if forces more districts to spend down that fund balance, to rely on borrowing, and if the impact does push anybody else into fiscal stress next year,» Butry says.

The fiscal responsibility commission was tasked by President Barack Obama with making recommendations to Congress, by the end of this year, on how to balance the federal budget.

Intent: it is determined that the maintenance of a balanced budget throughout the County's fiscal year is critical to the fiscal integrity of the county and is thus an important public objective.

The unexpended balance of each appropriation, less the commitments outstanding at the close of the fiscal year for which it was made, shall lapse at the close of such fiscal year; provided that nothing herein contained shall be construed to require the lapsing of appropriations which may be or are required to be made for an indefinite period or which include state refunds, allocations or grants applicable to said appropriations pursuant to any other provisions of law; and provided further that nothing herein shall be construed to prevent the making of appropriations or contracts for the construction of permanent public improvements or works not to be completed during the fiscal year, or the acquisition of property therefor, or the establishment of bond or capital accounts, sinking funds or reserve funds, and each such appropriation, account or fund shall continue in force until the purpose for which it was made shall have been accomplished or shall have been abandoned by a two thirds vote of the County Legislature.

If at any time during the fiscal year it appears, from cash flow projections or other generally accepted accounting principles, that the revenues available, as projected through the end of the fiscal year, will be insufficient to meet either (a) the amounts appropriated, or (b) expenses anticipated to be incurred through the end of the fiscal year, such that the cumulative effect thereof is a projected year - end deficit in excess of fifty percent of the County's undesignated, unreserved fund balance as of the end of the immediately preceding fiscal year, the County Executive or the Comptroller shall submit a report to the Legislature setting forth the estimated amount of the deficit with appropriate details and explanations.

Following approval of the annual budget, no additional unassigned General Fund fund balance shall be appropriated as revenue during the fiscal year without the affirmative vote of at least two - thirds of the total membership of the County Legislature.

The County Executive may at any time during the fiscal year transfer part or all of the unencumbered appropriation balance between classifications of expenditures within the same administrative unit, provided that prior approval by resolution of the County Legislature shall be required if the proposed transfer (1) would result in an increase exceeding ten thousand dollars ($ 10,000), or such larger amount as may be prescribed by local law, during the fiscal year in any one line item in the budget as adopted, or (2) would affect any salary rate or salary total.

The current fiscal year's budget, meanwhile, is falling out of balance by an estimated $ 350 million, and he's «expected» to call lawmakers back to Albany to deal with the shortfall.

The pressures of an election year, when officials are wary of alienating key lobbyists and constituencies and seek to balance fiscal responsibility with flashy campaign promises, may also soon be brought to bear.

Comptroller Thomas DiNapoli released a report Monday showing the fiscal year - end general fund balance of $ 2.2 billion was $ 432 million more than projected in February and the state put money in a «rainy day fund» for the first time since 2008.

In terms of balancing this objective with prudent fiscal planning, however, a tax reduction plan half this size would have still been the largest state tax reduction in history but New York would have been much better positioned to weather the fiscal storms of the last several years and to meet the state's priority investment needs.

Rockland County Executive Ed Day announced Monday that the county's deficit fund balance that totaled $ 138 million four years ago is projected to be paid off by the end of fiscal 2017, according to an audit.

Ms. Carpenter, a Republican, has also argued that consolidating the positions would rob the county of necessary checks and balances when it comes to fiscal matters — although, last we looked, those checks and balances haven't worked so well in recent years in Suffolk County, which faces massive budget deficits.

Two signs he pointed to were significant job losses in the last quarter of 2017, after years of sustained employment growth, and a reduction in the city's cash balance — from $ 5.4 billion in fiscal year 2017 to only $ 1 billion in the current fiscal year — from slowing growth of non-property tax revenue.

Like all communities in recent years, New Rochelle has faced difficult fiscal challenges, as they wrestle with the impacts of the national economy and balance essential services with respect for taxpayers.

Further, the level of fiscal stress will continue to rise each year that fund balance is appropriated.»

Even Hein's Republican opponent apparently missed that report, in which fellow Democrat Auerbach wrote, «At the close of 2015, the county will have nearly tripled (his emphasis) the level of fiscal stress from the prior year due to deficit budgeting and decreasing fund - balance levels.

Using financial indicators that include year - end fund balance, cash position, short - term borrowing and patterns of operating deficits, DiNapoli's monitoring system creates an overall fiscal stress score which drives the classification.

Mayor Michael Bloomberg announced last week that he had already balanced the ledger for fiscal year 2015, a sign of the city's improved fiscal health which could spur the unions, who have been working on expired contracts, to increase their demands.

The state's budget deficit for the current fiscal year has grown to more than 1 percent of the general fund, forcing Gov. Dannel P. Malloy to issue a deficit - mitigation plan to balance the books.

A fiscal summit advisory committee will determine more recommendations this year, with the hope of implementing strategies by the 2020 budget year, when the fund balance could be in jeopardy.

Gov. George P. Nigh of Oklahoma — who warned that the legislature's failure last year to increase taxes could imperil recent reforms in the state's education system — last week signed into law a temporary tax increase that will guarantee the state a balanced budget for the rest of the fiscal year.

The 46 states that responded to the survey ended the 2005 fiscal year with an aggregate balance of $ 35.7 billion — which is 7 percent of their budgets.

The Buffalo school board voted 8 - 1 last week to cut the jobs and curtail many other school services in order to balance the $ 509 million budget for the current fiscal year, said Paul G. Buchanan, the president of the school board.