Sentences with phrase «budget cycle»

The phrase "budget cycle" refers to the process of planning, creating, reviewing, and managing a budget. It typically involves setting financial goals, estimating income and expenses, making financial decisions, and evaluating the budget's performance over a specific period of time, usually a year. The budget cycle is a continuous loop that repeats each year to ensure effective financial planning and resource allocation. Full definition
The councils are in line to receive a combined bump of $ 37 million in the next budget cycle, covering fiscal year 2016 to 2017.
Make it a two year budget cycle, with a new budget required in off - election years.
We were in the middle of the two - year state budget cycle, which meant that the legislature was responsible for passing a supplemental budget to augment the policy created last year.
It's one we heard quite a bit about last budget cycle.
A few of us are going to try to get together in the coming days and hope to have a more detailed analysis ready before the beginning of the upcoming budget cycle.
The new school year was just months away, and the board was already into its new budget cycle.
Yes, it's an ongoing commitment, but it's an expense recent budget cycles indicate our state can absorb.
Some are also dipping into their reserves to meet the cap, a move that will make next year's budget cycle even harder.
These assumptions deserve thought and attention, and should not be ignored even in the frenzy of a fast - paced budget cycle.
Using the system you can design a family budget plan and at the same time improve relationships between family members using a creative family budgeting cycle.
«I'm very excited as we begin the new Participatory Budgeting cycle,» said Council Member Vallone.
In my experience, most state policymakers — who have been busy slashing outlays and who are eyeballing several tough budget cycles ahead — have no idea that supporting Common Core standards means that they're signing up for large new outlays for implementation and assessment.
The annual budget cycle begins in September, when agencies submit a spending blueprint that they have spent months drafting.
All of this results in beginning the 2013 - 14 budget cycle with a gap of $ 20.9 million,» the mayor said.
He urged all heads of Ministries, Department and Agencies (MDAs) to ensure timely submission of their annual budgets within the current budget cycle or risk waiting for the next fiscal cycle if they fail.
During the last budget cycle for Fiscal Year 2015, the de Blasio administration at the urging of the council dramatically increased funding for that office.
The Babylon and Huntington school districts overestimated expenditures in repeated budget cycles, leading to surpluses that could have held down tax levies, according to a state audit.
The city budget cycle recently began with de Blasio's presentation of his preliminary budget.
He also has said for months that increasing «investment» in schools will be a priority in his upcoming 2017 - 19 state budget proposal, especially for rural schools, which state Superintendent Tony Evers has called for in past budget cycles.
«After last year's incredibly successful Participatory Budgeting process in the 38th District, with the highest number of participants in the City, it is my pleasure to re-launch this program for the coming budget cycle
Describing the budget presentation as promise made and kept, Adesina said it has remained the desire of the present administration to see the country returning to January - December budget cycle.
The state, which is on a biennial budget cycle, has a total budget of $ 7.6 billion...
In 2011, I noted, «In my experience, most state policymakers — who have been busy slashing outlays and who are eyeballing several tough budget cycles ahead — have no idea that supporting Common Core standards means that they're signing up for large new outlays for implementation and assessment.»
The biggest difference between last year's contentious budget cycle and now is that teacher evaluations have been uncoupled from the standardized test results.
It's still early in the 2010 U.S. budget cycle but there's some sobering all the same: House of Representatives appropriators disapproved of plans by the National Science Foundation to spend $ 100 million on its Major Research Instrumentation program, saying the program has enough money for now.
Although the odds of great changes this school budget cycle are low, it is important that the voices of school supporters — those who think that some of the $ 13 million slated for property tax relief be used to make out schools better — be heard.
Strategic financial planning for the current FY Budget allocation and for the next FY Budget cycle which begins annually in mid-April.
«It's going to be the governor's and the Legislature's most challenging budget cycle since 2011,» McMahon said.
But Cuomo spurned them early in 2011, and looked on approvingly as the Committee to Save New York — a coalition of business leaders, real estate magnates and a private - sector labor group — vastly outspent them in his first budget cycle.
The state government isn't promising a payment in some far - off budget cycle; the money has been approved, and the Cuomo administration is happy to show what this community will gain before it talks of taking anything away.
Much is dependent on fed budget cycle.
Osinbajo also commended the Ministry of Budget and Planning for a remarkable improvement over a single budget cycle.
Government shutdowns tend to occur when the President and one or both of the chambers of Congress are unable to resolve disagreements over budget allocations before the existing budget cycle ends.
As the major areas of contention become clear, some remain from recent years, while others are new, and questions loom over the city budget cycle due to uncertainty in Washington, D.C., state funding shifts being proposed by Gov. Andrew Cuomo, and a slowing city economy.
And with 20 budget cycles under his belt, Silver is the most practiced negotiator in Albany's famed three - men - in - a-room troika of executive and legislative leaders who hash out deals on major policy.
Cuomo already has acknowledged that sputtering income tax returns will make for a harder - than - expected budget cycle, and the most recent official projections have the state facing a $ 3.5 billion deficit.
Unlike previous budget cycles that have languished for months — and surpassed deadlines — Republicans say this budget will pass well before the June 30 deadline, and quite possibly by the end of this week.
Surely, most — if not all — of this funding can be raised during the City's upcoming June budget cycle to purchase the property from the current owner and assure that this land is forever saved from the threat of development.
So you got here in 1983, which means this is your 35th budget cycle?
The annual U.S. federal budget cycle is set to kick off today at 11:30 a.m. in Washington, D.C., when the White House releases its spending request to Congress for the 2016 fiscal year that begins in October.
This method in fact provides an incentive for inefficiency: the fatter a department gets, the better it can survive the inevitable budget cycles.
In her thank you message to Coldiron, the librarian said the school was between budget cycles, and it was difficult to buy new books.
Sustainability — because school improvement needs to withstand budget cycles and political shifts, and must outlast changes in school, district and union leadership.
«On school funding, we must face the reality that for too many budget cycles public school funding has not been the priority for those in control,» Evers said.
These increasingly rapid budget cycles are administering an unprecedented dose of insecurity that makes even short term planning difficult and is having an impact on staff morale, said David Gordon, Sacramento County superintendent of schools, and formerly superintendent of the Elk Grove Unified School District, the fifth largest in the state.
No schools fell into the state's lowest - performing category, in part, because lawmakers in the last state budget cycle changed the way state report cards are calculated.
«It's certainly going to be a difficult budget cycle,» says Deb Muller, chief financial officer for the district.
Thinking creatively about the next EU budget cycle can help advance a 6th scenario for the future of Europe and address many of the real problems facing the Union.
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