Republican Senate Majority Leader John Flanagan nudged New York City Mayor Bill de Blasio to provide more information on how the city spends $ 9
billion in state funding for education as a precursor to considering an extension of mayoral control of public schools.
And while Cuomo has been very vocal in pointing that out, he hasn't done much to help release $ 2
billion in state funds for supportive housing and other homeless services that are available.
It is a recipe for disaster to allow
billions in state funds to be contracted through state controlled non-profits, including SUNY Poly, Fort Schuyler / Fuller Road Management and SUNY Research Foundation — all of which are exempt from the bidding rules for state agencies, and exist in a deliberately designed legal gray area of non-accountability.
Mayor de Blasio is also calling upon Governor Andrew Cuomo to stick to his promise of paying $ 8
billion in state funding toward subway repairs, though Cuomo has some ideas of his own for generating funds for the subway that include offering companies the opportunity to sponsor subway stations for an annual fee.
Cuomo has steered
billions in state funds to Buffalo in recent years, including millions for community improvement projects, and the Buffalo Billion, his economic development initiative for the city.
Cuomo says the state during his tenure has already spent a record amount on schools, with over $ 25
billion in state funds going to schools in the current fiscal year.
One major area of interest was the administration's plan to inject $ 1
billion in state funds into Buffalo - area factories, research facilities and other projects, known together as the Buffalo Billion.
Cuomo said that during his tenure, the state already has spent a record amount on schools, with more than $ 25
billion in state funds going to schools in the current fiscal year.
Mayor Michael Bloomberg said Tuesday's budget plan strips the city of nearly $ 2
billion in state funding.
His comments came while speaking to reporters in Albany about Governor Cuomo's economic development contest that pits seven regions of New York against each other for $ 1.5
billion in state funding.
The plan to send $ 1.7
billion in state funds for clean energy research in Buffalo is a «credit positive» for the Queen City, according to an analysis on Friday released by Moody's.
The fight over extending mayoral control of New York City schools is heating up with state Sen. Majority Leader John Flanagan said he can't consider the issue until he knows how the city spends $ 9
billion in state funds.
The Department of Criminal Justice Services, State Police and Office of Technology Services together have budgets totaling $ 1.5
billion in state funds alone during the current fiscal year, much of which is not explicitly restricted and could be used for SAFE Act purposes.
In a statement, Cuomo campaign spokeswoman Sarah Paden said «Someone should actually show Ms. Nixon New York's housing laws — they were strengthened both times they were up for renewal under this governor, who also secured a record $ 20
billion in state funding to fight homelessness and build affordable housing.»
Cuomo says the state during his tenure has already spent a record amount on schools, with more than $ 25
billion in state funds going to schools in the current fiscal year.
They developed strategic economic development plans for their various geographies, and have directed over $ 2
billion in state funding.
One of the highlights of Gov. Andrew Cuomo's first term in office was the $ 1
billion in state funding provided to the Buffalo area for economic development initiatives.
The contributions were made two months before Cuomo announced a plan — the Capital Restructuring and Financing Program — to use $ 1.2
billion in state funds for capital projects improving the state's health care system.
Cuomo has offered $ 8.3
billion in state funds to the program and in turn asked de Blasio to put in a total of $ 3.2 billion.
The nearly $ 1
billion in state funding that has left the district, as more than 100,000 students have fled their traditional neighborhood schools in the past decade for charter schools and other school districts?
Public education, which received more than $ 2.5
billion in state funding this year, makes up the largest individual slice of the Mississippi general fund budget at about 40 percent of the total budget.
Based on relative state and local education spending across the country, Virginia's share of the $ 110
billion in state funding that could be diverted to Trump's school choice plan amounts to $ 2.7 billion.
Education activists delivered on Tuesday more than 5,000 petitions to the Los Angeles Unified School District board of education demanding $ 1
billion in state funding over the next seven years to help low - income students and English learners.
On July 23, 2002, the state's School Facilities Commission committed more than $ 2.8
billion in state funds to school construction when it signed off on a massive building program encompassing Ohio's six largest school systems.
-- Restore the nearly $ 1
billion in state funding cuts (made in each of the last two years) over a three year timetable, getting PA back on track to supporting schools based on the level needed to meet state academic standards
For the 2013 - 14 budget year, a broad coalition of organizations, school stakeholders, education professionals, parents and community members are calling on the state legislature to: — Restore the nearly $ 1
billion in state funding cuts (made in each of the last two years) over a three -LSB-...]
-- Restore the nearly $ 1
billion in state funding level cuts (made in each of the last two years) over a three year timetable, getting PA back on track to supporting schools based on the level needed to meet state academic standards.
Not exact matches
A TRANSPORT analyst has proposed the
state government consider using a «value capture»
funding model and increases
in council rates to help pay for almost $ 3
billion of proposed public transport infra
And the amount of money these mutual
funds are pouring
in is worth noting: «Last year alone, global mutual
fund investors poured $ 23.7
billion into 192 VC transactions — the highest amount of capital invested ever and a 66 % increase from the year prior,»
states the release.
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.
September 9 — The WSJ reports that officials from an Abu Dhabi - based
state investment
fund, International Petroleum Investment Co. (IPIC), claim IPIC never received nearly $ 1.4
billion in payments owed by 1MDB for the purchase of power plants
in 2012.
The measure keeps domestic spending largely flat, while providing
billions of dollars
in additional
funds to fight Islamic
State militants
in Iraq and Syria and the Ebola outbreak
in West Africa.
According to the Global Market Strategy team at JP Morgan, pension
funds and insurance companies
in the G4 - United
States, euro zone, Japan and Britain - will buy at least $ 640
billion of bonds this year.
In total, 15
billion pages of data were stolen from at least 144 U.S. universities, 176 universities across 21 foreign countries, 47 domestic and foreign private sector companies, the U.S. Department of Labor, the Federal Energy Regulatory Commission, the
states of Hawaii and Indiana, the United Nations and the United Nations Children's
Fund, the Justice Department alleged.
Didi's latest cash infusion, received from investors including Japan's SoftBank Group and Mubadala, an Abu Dhabi
state fund, follows a $ 5.5
billion fund - raising round
in April, also led by Softbank.
For example, the US Department of Education's Race to the Top
Fund, which offered $ 4
billion in grants to
states that developed successful educational reforms, spurred innovations that hold promise for school systems across the country.
Officials
in charge of overseeing the $ 180.7
billion New York
State Common Retirement
Fund wanted to invest more
in markets outside the U.S. and decided it was best to outsource the task to a company that had the skills and resources to put money to work quickly, staff
in the New York comptroller's office said.
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.
He also sits on the Board of Directors, and
in May 2015 he made a donation of $ 133,000 to the foundation to make up for
funding it had lost as a part of the austerity measures put
in place by Governor Bruce Rauner to address the
state's $ 1.5
billion budget deficit.
Moves
in that direction would include doubling
funding for the
State Small Business Credit Initiative, initially launched with $ 1.5
billion in 2010.
Apple told CNBC's «Mad Money» last year that it would invest $ 1
billion fund to promote advanced manufacturing jobs
in the United
States.
The Justice Department argued that it violated the Civil Rights Act, putting the
state at risk of losing more than $ 1
billion in federal
funding.
Currently, Kabbage serves 115,000 small businesses
in the United
States and has provided more than $ 3.5
billion in funding to small and medium - sized companies, Frohwein said.
Crucially it would also mean an estimated $ 4.2
billion in federal
funding cuts to the
states, where public - sector employment is just now recovering.
Sequoia Capital, an early investor
in Google and Apply, is looking to tap on Chinese investors, including
state - owned
funds, to raise another $ 8
billion, its largest fundraising round to date.
Bahrain's Mumtalakat could join other Gulf
state funds who have invested
in SoftBank's $ 93
billion private equity Vision
Fund.
Revenue from California's Mental Health Services Act has
funded billions of dollars
in mental health programs across the
state, but finding out what's available — and to whom — could be a challenge for consumers.
This kind of uncertainty led to concerns last month from Nevada
State Treasurer Dan Schwartz about whether Faraday backer Jia Yueting, a Chinese billionaire, would be able to
fund the company's proposed $ 1
billion car plant
in Southern Nevada.
For starters, it's based
in Provo, Utah, a
state that has attracted more than $ 1
billion in venture
funding over the last 18 months yet remains far from Silicon Valley's bustling tech scene.
Anne Sheehan is the Director of Corporate Governance for the California
State Teachers» Retirement System (CalSTRS), the largest teacher's public pension
fund in the USA, where she is responsible for overseeing all corporate governance activities for the
fund including proxy voting, company engagements and managing $ 4
billion placed with activists managers and sustainability managers.