Sentences with phrase «budget as contingency»

Not exact matches

Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion as a contingency reserve, giving the federal government a $ 2.4 billion margin for error.

The budget also requests $ 12 billion in so - called Overseas Contingency Operations, or OCO, funding for extraordinary costs, chiefly in war zones such as Afghanistan, Iraq and Syria.

The Conservatives characterized Martin's contingencies as little more than slush funds, a smear that stuck because of the white lies at the heart of the budget.

Along with spending and capital contingencies and the planned surplus, the budget had over $ 1 billion of what she characterized as «prudence» and others might call wiggle room.

Taking into account recent private sector forecasts for economic growth for 2015, would, in fact, eliminate the $ 1.4 billion budget surplus, as well as the $ 1 billion Contingency Reserve.

Prior to 2006, budgets and budget updates explicitly presented the amount of the adjustment for risk (Contingency Reserve and Economic Prudence) as separate line items.

Beginning with the 1995 Budget to the 2005 Budget, the Contingency Reserve was shown as a separate line item.

Future budgets and updates explicitly presented the amount of prudence as separate line items (Contingency Reserve and Economic Prudence).

This week, Paterson used the fact that the Legislature had refused to include an FMAP contingency plan in its two - way budget deal as a rationale for his decision to veto some $ 519 million worth of spending the Assembly and Senate restored to his plan.

The proposed $ 152 billion budget proposal as unveiled by Cuomo did not include a contingency plan for repealing the measure, which is projected to result in a $ 3.7 billion gap in the state's revenues.

The budget, as presented is basically in balance, but Cuomo concedes that if the Republican congress repeals Obamacare and its related Medicaid subsidies, then the budget could have a multi-billion-dollar hole and «there's no contingency plan.»

The budget, as presented ins basically in balance, but Cuomo concedes that if the Republican Congress repeals Obamacare and its related Medicaid subsidies, then the budget could have a multi billion dollar hole and «there's no contingency plan.»

A resolution of the County Legislature for any of the following specified purposes shall be submitted to the County Executive for his or her approval or veto in the same manner as provided in this charter for the adoption of ordinances: (a) an allocation from the budget contingency fund; (b) a supplemental or emergency appropriation; (c) the issuance of budget notes or notes in anticipation of the collection of taxes or revenues; and (d) the issuance of bonds, anticipation notes or capital notes.

Cuomo in a conference call with reporters insisted the budget wouldn't be late, but he indicated some changes may be made as a contingency to a potential federal health care overhaul.

At the time, Cuomo did not include any contingency plans for action on the federal level, such as a repeal of the Affordable Care Act or cuts in spending that would impact the state, save for a desire to have expanded powers over the budget without the consent of the Legislature — a non-starter with lawmakers.

Gov. David Paterson said this morning he's still hopeful the state might receive as much as two - thirds of the cash it had budgeted for, but he also said the Legislature is likely to pass an FMAP contingency plan to prepare for the increasingly likely possibility that none of the money will arrive.

Hein, who has dubbed the situation the «Cahill crisis» because State Assemblyman Kevin Cahill (D, Kingston) blocked the approval before lawmakers went home this summer, said as a result of the potential loss of $ 5 million at the end of the year, he is preparing for all financial contingencies as he works up the county's 2014 budget.

The Legislature put half of the amphitheater's proposed $ 1.9 million budget in a contingency account, to be released as 2016 progresses.

The federal government has authorized the institute to spend less than half of its planned 220 million reai budget this year, withholding the rest as «contingency funds.»

So back to the board it came, through a back - alley channel known as the «contingency budget law.»

For instance, a kitchen renovation with an overall budget (including GST) is $ 50,000, so add another $ 5,000 as part of your contingency fund.

The finance minister has indicated the budget's $ 3 - billion contingency reserve — designed as a cushion against unforeseeable events like natural disasters — could be in play.

In developed countries, livelihood and asset losses sustained in natural disasters are often covered by international insurance, capital markets, or simply by government budgets that act as contingency funds.

Wardle explained that as the co-ordinator position was not part of the strategic plan and budgetary process for 2016, the first year's $ 100,000 will come from the LSUC's approximately $ 1 million contingency fund and the second year will then be included in the regular budget stream.

(b) the owner developer must calculate the contribution to the contingency reserve fund required under section 12 of the Act as a percentage of the estimated annual operating expenses as set out in the interim budget for the new phase of the strata plan only;

(b) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is equal to or greater than 25 % of the total amount budgeted for the contribution to the operating fund for the fiscal year that has just ended, additional contributions to the contingency reserve fund may be made as part of the annual budget approval process after consideration of the depreciation report, if any, obtained under section 94 of the Act.