Sentences with phrase «budget deficits of»

Facing annual budget deficits of $ 13 million to $ 23 million, the trustees voted in April 2013 to start charging tuition of about $ 20,000 a year.

They warned, however, that projected budget deficits of as much as $ 40 million within two years could cause a credit downfall unless the city finds a way to balance the books.

Bob Dougherty, a former Syracuse councilor, said city residents should keep an open mind about consolidation, because the city faces annual budget deficits of roughly $ 10 million to $ 20 million a year.

Current projections show the state on average faces potential budget deficits of less than $ 5 billion annually over the next three fiscal years starting in 2017 - 18, which begins April 1.

As the budget deficits of the federal, state and local governments increase, the possibility of taxing church property also rises — despite the long history of tax exemption.

France, for example, experiencing stagnant economy and rising unemployment, has been allowed until 2014 (instead of 2013) to deliver the mandated budget deficit of 3 percent of gross domestic product.

Saudi Arabia has projected a budget deficit of 195 billion riyals in 2018, or 7.3 percent of GDP, down from 230 billion riyals last year.

The federal government recorded a budget deficit of $ 215.2 billion in February, up significantly from a year ago as the impact of the GOP tax cuts passed in December begin to surface.

Along with a government budget deficit of $ 1.2 trillion, that's nearly $ 2 trillion in new government debt that will need financing annually.

Fiscal policy has become more expansionary over the past year, with the recent fiscal package contributing to an estimated federal budget deficit of just over 4 per cent of GDP this year, up from around 1 1/2 per cent in 2002.

The cost of petrol and diesel will also increase in the next fiscal year to close a budget deficit of over 15 percent.

«Rather than be sent back to fill the budget deficit of the outgoing Brooks Administration, MCDC made concerted efforts to make sure this small sum would have a positive impact in our community.

Unfortunately, the UK was perhaps the most eager participant in this boom, with the most indebted households, the biggest housing bubble, the most over-leveraged banks and the largest budget deficit of them all.

Underlying borrowing has effectively increased by # 36 billion by 2017/18, while without spending on investment the Treasury now faces a budget deficit of 1.6 % by the same year.

«The question that we should ask is how can you inherit a budget deficit of 9.3 % of GDP, proceed to reduce taxes, bring down inflation, bring down interest rates, increase economic growth (from 3.6 % to 7.9 %), increase your international reserves, maintain relative exchange rate stability, reduce the debt to GDP ratio and the rate of debt accumulation, pay almost half of arrears inherited, stay current on obligations to statutory funds, restore teacher and nursing training allowances, double the capitation grant, implement free senior high school education and yet still be able to reduce the fiscal deficit from 9.3 % to an estimated 5.6 % of GDP?

Following a few years of relative fiscal stability thanks to the economic recovery and bank settlements following the financial collapse, New York is staring down a budget deficit of more than $ 4 billion, an amount that could be grow because of cuts in federal health care spending and the tax overhaul.

New York faces a budget deficit of $ 4 billion to $ 8.6 billion and that is before taking into account billions more in revenue that will be lost due the recent federal tax reform package.

Reviewing his performance in July 2016, The Guardian said that the UK still had a budget deficit of 4 %, a balance - of - payments (trade) deficit of 7 % of GDP, and (apart from Italy) the worst productivity among the G7 nations.

First, in 1996, just before the Labour Government came into power, there was a structural budget deficit of 4 %, whereas it was 2.5 % in 2007.

The state's mid year budget report, released in mid November, showed a growing combined budget deficit of $ 3.8 billion dollars.

«As I mentioned before, we have a budget deficit of over $ 20 million next year and that is of great concern to me and I think a great concern to taxpayers here in the city and certainly to our employees and to get ourselves out of that hole we need to do a few things.

Nassau could have a budget deficit of as much as $ 104.7 million this year, according to NIFA's analysis of a modified 2018 budget Curran submitted in March.

Cuomo has said he does not want to raise taxes to pay for programs and to close a budget deficit of at least one billion dollars.

In a related development, government is expected to miss out on end of year budget deficit of 5 percent which the Finance Minister attributed to the challenge to revenue shortfalls, slow foreign exchange inflows and gas supplies from jubilee FPSO.

The unified budget approach is by far the most common for budget experts and the media — and when the Obama White House talks about a 2013 budget deficit of $ 901 billion, it's the unified budget deficit that's being cited.

«The coalition government has inherited from its predecessor the largest budget deficit of any economy in Europe with the single exception of Ireland.

However, it doesn't mention that Nassau's financial control board projects a budget deficit of more than $ 100 million this year.

With a budget deficit of over 11 per cent of GDP, one pound in every four that the last government spent was borrowed.

The state is facing a budget deficit of as much as $ 4.4 billion next year amid falling tax collections that did not meet projections, the Division of Budget found in a report released Friday afternoon.

He says there's still a structural budget deficit of $ 2 billion dollars for next year.

The Los Angeles Unified School District, which has made deep cuts in its budget for the past three years, is projecting a budget deficit of at least $ 258 million for the 1992 - 93 school year.

Mayor Barry has argued that the city — which has a budget deficit of more than $ 720 million — can not afford the school system without controlling its expenditures.

Teach For America, the nonprofit national teacher corps that began in 1989 as the brainchild of a Princeton University undergraduate, is facing the prospect of ending its fiscal year in September with a budget deficit of more than $ 3 million.

Michael Kirst responds: Since the state's nonpartisan legislative analyst now forecasts a budget deficit of at least $ 10 billion for 2003, it is unlikely that the impressive spending for education accountability of the past two years will continue.

The Brockton Enterprise reports that the Brockton School Committee is looking at several cost - cutting options to address a budget deficit of $ 8 million to $ 9 million.

Although Governor Dannel «Dan» Malloy is fond of saying that he inherited a $ 3.7 billion budget deficit when he was sworn into office in January 2011... The candidate who is sworn in as Governor of Connecticut in January 2015 will be facing a combined budget deficit of at least $ 4.8 billion over the next three years!

Even after reassigning two of the unneeded Cohen teaching positions to other schools, what had been expected to be a surplus of about $ 136,000 is now projected to be a budget deficit of around $ 240,000, said NOCP chief financial officer Jonathan Tebeleff.

The old district was spending over $ 15,000 per pupil in 2010 - 2011, creating a budget deficit of over $ 2 million.

The federal government currently has a budget deficit of $ 552 billion and $ 19.3 trillion in debt.

Facing a budget deficit of $ 15 billion, then - California governor Arnold Schwarzenegger had already tried to repeal the five - day hold as part of his proposed fiscal 2004 - 2005 budget.

It was reported by HNA newspapers that the event's leadership had run up a budget deficit of $ 7 million (about $ 8.3 million), threatening the continued operation of the quinquennial.

The Brooklyn Museum is offering voluntary buyouts to address a budget deficit of about $ 3 million, the museum's director, Anne Pasternak, informed the staff on Wednesday.

Not exact matches

In the analysis, the individual income and payroll section of the budget resulted in a $ 3.3 trillion revenue deficit.

While last week's budget vote cleared the way to begin the tax reform effort, 20 Republicans voted against it, citing issues with the elimination of state and local tax deductions and a massive expansion of the federal deficit.

Most chatter about the 2016 federal budget will be about the size of the deficit.

Ahead of the 2016 federal budget, I had a list of eight things to watch for, beyond the size of the deficit.

In his first term, Bush won passage of tax cuts that helped swing the federal budget from surpluses to deficits.

It essentially obliterates bipartisan spending caps established in the Budget Control Act of 2011 that had kept recent deficits partially in check.

After eight consecutive years of deficits the goal of a balanced budget remains elusive.

Office of Management and Budget Director Mick Mulvaney argued earlier this week on CNN's «State of the Union» that increasing the federal deficit is necessary to unlocked the desired economic growth the Trump administration has targeted.