Sentences with phrase «budget estimate which»

The problem staring us in the face arose from the N13 billion shortfall we had in the 2016 budget estimate which the agency made strong request for its provision during budget defence.»

Not exact matches

That estimate comes from the Economic Policy Institute's (EPI) 2015 Family Budget Calculator, which measures the annual cost of necessities for one adult to live a secure, yet modest, lifestyle by estimating the costs of housing, food, transportation, health care, other necessities, and taxes.

The parliamentary budget officer estimated the Liberals will post a $ 22.1 - billion shortfall this fiscal year, which would be $ 4 billion more than the projection of $ 18.1 billion in the federal government's February budget.

Criticism of House Republicans increased after the bill passed without an updated analysis from the Congressional Budget Office — which initially estimated the AHCA would increase the number of uninsured to 24 million by 2026 — and after several Republicans conceded they had not fully read the bill before voting for it.

Interestingly, though, the Department of Finance just came up with a new feature for the 2012 edition of the Fiscal Reference Tables, which were made public on Friday: estimates for the «cyclically - adjusted budget balance.»

For example, if the final audited deficit outcome for 2010 - 11 is lower than that estimated in the June 2011 Budget, some, if not all, of this improvement could carry forward into 2011 - 12, which would then explain part of the improvement ion 2011 - 12.

The analysis does not include an additional cost of the legislation: its repeal of the individual mandate, which the Congressional Budget Office estimates could cause as many as 13 million fewer people to have health insurance, reducing federal spending for poor and middle - class Americans» health insurance by $ 338 billion over 10 years.

There is a very high likelihood that the deficit will be eliminated in 2014 - 15 a year earlier than your political commitment of 2015 - 16, You already have the final financial results for 2013 - 14, which, in our opinion, will show a deficit significantly lower than what was estimated in the 2014 Budget.

The Estimates ignore large components of spending, which are included as expenses in the Budget.

As noted above, the Estimates for 2013 - 14 do not include any Supplementary Estimates, which should reduce the difference between the Budget / final results and Estimates for that fiscal year.

Kevin Page, the parliamentary budget officer, recently estimated that an aging population — which means a smaller tax haul and bigger health and other outlays — will leave Ottawa and the provinces with a $ 46 - billion - a-year fiscal gap to fix by cutting spending or hiking taxes.

This meant that Main Estimates of government spending, which were tabled on February 28, 2012, were based on economic assumptions presented in the previous Fall 2011 Update and not those in the 2012 budget.

Similar to the House, the budget assumes $ 1.4 trillion of savings from economic growth, $ 178 billion of which they attribute to CBO's estimate of the economic benefit of deficit reduction.

Supplementary Estimates include the cost of budget measures, which were not sufficiently developed in time for inclusion in the Main Estimates or unexpected spending requirements.

On balance, the final deficit outcome for 2012 - 13, which will not be known until the audited results are released in the fall of 2013, could be slightly lower than the Budget 2013 estimate of $ 25.9 billion.

The single largest «restraint» measure «not» announced in Budget 2013 was an increase in the «lapse», which resulted in an estimated «savings» of between $ 2 to $ 3 billion (1) per year.

New Democrat defence critic Jack Harris accused the government of not only keeping the public in the dark, but watchdogs such as the parliamentary budget office, which had a tough time compiling its own estimate on the war earlier this winter.

The Government also sets out its policy priorities and new spending initiatives in the budget, many of which ultimately come into effect through the Estimates process.

Supplementary Estimates include spending requirements included in the Budget which were not sufficiently developed in time for inclusion in the Main Estimates or have been subsequently refined to reflect current developments.

However, the final financial outcome for 2016 - 17 at $ 17.8 billion was $ 5.3 billion lower than that estimated in the March 2017 Budget, part of which should carry forward in 2017 - 18 and future years.

For accountability and transparency, it is vital that such reconciliations be provided on an ongoing basis and to the latest Budget projections, not to Update estimates, which would be seriously out - of - date.

In years where the Main Estimates were tabled prior to the Budget, the Main Estimates were based on the economic and fiscal assumptions in the last Economic and Fiscal Statement, which is usually released in the fall of the preceding year.

However, it's estimated that it will only generate $ 8.7 billion over 10 years, which equates to 0.18 % of the current budget deficit.

A combination of reserve drawdowns and domestic debt are expected to continue funding Saudi's budget deficit, which bankers estimate will reach $ 100bn this year.

«One of the estimated 1,290 tariff increases in Budget 2013 is on tariff code 8519.81.29, which includes a number of digital music players.

The money, over 70 percent of which would go to support operations in Iraq, includes the estimated $ 600 billion spent since 2001, Congressional Budget Office Director Pe - ter O - r - szag said in tes - timony before the House Budget Co-mmittee.

The park district's operating expenses, which include salaries of employees, are up by about 5.8 percent to $ 16.2 million from $ 15.3 million from the previous year's estimate, according to the budget.

Claypool said the additional recreation leaders will cost the district an estimated $ 823,000, which will come from savings in the existing park budget.

That's thanks largely to House Majority Leader Eric Cantor, who was the first to suggest additional disaster aid — remember that FEMA only has about $ 800 million on hand, which is less than even New York's estimated storm bill of $ 1 billion — be offset by other budget cuts.

They pointed to the East Side Access project which had an initial budget of $ 4.3 billion, and an estimated completion in 2009; the project now requires an additional billion dollars, and has a new completion date in 2022, they say.

Advocacy organizations have estimated early voting and electronic poll books (which would facilitate implementation of early voting) would cost New York State roughly $ 7 million — compared to the State's $ 160 billion budget.

Details of the expected revenue from the bond is not yet disclosed but officials said they expect significant bridging of the 2016 budget deficit which has exceeded the initial N2.2 trillion estimate.

The Proposed Budget also notes an increase in sales tax collections, which are currently 2 % above 2017 budget expectations; in 2018, the Proposed Budget estimates sales tax revenue growth of 1.75 % over projected 2017 sales tax collecBudget also notes an increase in sales tax collections, which are currently 2 % above 2017 budget expectations; in 2018, the Proposed Budget estimates sales tax revenue growth of 1.75 % over projected 2017 sales tax collecbudget expectations; in 2018, the Proposed Budget estimates sales tax revenue growth of 1.75 % over projected 2017 sales tax collecBudget estimates sales tax revenue growth of 1.75 % over projected 2017 sales tax collections.

Mayor Bloomberg says the lack of a final state budget has left him no choice but to plan for 11,000 city job cuts, which he says are needed to make up for an estimated $ 1.3 billion cut in the city's share of state aid.

The combined fiscal impact of the six «100 hours» bills (which implement 9/11 Commission recommendations, close energy tax loopholes and more) is significant: the Congressional Budget Office (CBO) has estimated $ 21.1 billion in savings and revenue over the next ten years if the bills are signed into law.

Current estimates «show a potential» for a budget gap $ 689 million in the coming fiscal year, which begins April 1.

The 2013 public advocate runoff — which James won over then - State Senator Daniel Squadron — cost an estimated $ 13 million to taxpayers, surpassing the office's combined budget for James» entire first four - year term.

And he says both houses of the legislature estimate there is $ 350 - 400 million more in the state budget than the governor has predicted, which could also be sent to schools.

If not otherwise available, property tax revenue estimates shall include a maximum and minimum levy amount, which shall be used in preparing the budget.

It estimates that a minimum wage increase of $ 7.15 to $ 8.25 an hour (which is even less than the 21 percent hike proposed in the Executive Budget) would cost a total of 28,990 jobs in New York.

NIFA, which calculated a $ 176 million budget deficit in January, last week estimated Nassau's fiscal «risks» at $ 118.8 million despite Mangano's efforts to cut costs through layoffs, early retirements and a police reorganization.

The budget division estimates that a gap of $ 3 billion to $ 3.5 billion is in the offering for the coming fiscal year, which begins April 1.

Senate Republicans on Wednesday signaled their one - house budget resolution next week will not include an estimated $ 800 million in taxes and surcharges included in Gov. Andrew Cuomo's $ 152 billion budget proposal — including the extension of the millionaires tax, which Cuomo has insisted is key to his spending plan.

The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.

ENDS Notes to Editors UK Alcohol duty context For a short video summary of the issues around alcohol pricing, please visit: https://vimeo.com/191959217 Following heavy lobbying from the alcohol industry, the last four Budgets have seen real terms cuts in alcohol duty Alcohol is 60 % more affordable than it was in 1980 — the alcohol duty escalator, introduced in 2008, which ensured that duty rose above inflation, helped mitigate this trend, but this progress has reversed since the duty escalator was scrapped in 2013 In real terms, spirits duty has halved, and wine duty fallen by a quarter since 1978 - 9 The Government estimates suggest that the duty cuts since 2013 will cost the Exchequer # 2.9 billion over four years The University of Sheffield estimated that an additional 6,500 people would be hospitalised each year as a result of the alcohol duty cuts in 2015 The report The report was peer reviewed by academic experts the fields of economics, public health and public policy prior to publication.

The 2018 draft budget estimate of 201, 049, 213,385.77 maintained a priority for capital spending which has 125,500,774,460,66, reflecting 62.4 percent of the budget proposals.

The draft budget presented at the routine annual town meeting held at Umar Musa Yar» Adua Hall, Murtala Square Kaduna, Saturday is part of measures designed to allow citizens of the State make their inputs in the budget after which the State Executive Council will approve the final estimate on Monday 9th October.

Ideas like this are gaining support from advocates given the state's estimated $ 10 billion budget deficit, which could require billions in cuts to schools and health care.

For the 2017 budget, the Recurrent Expenditure is N55.02 bn which is 59 percent of the budget, while Capital Expenditure is N38.42 bn or 41 percent of the estimates.

In addition, Majestic called for the allocation of about $ 10,000 toward the cost of new bookkeeping software, estimated as costing $ 32,000 to $ 35,000, to replace the extremely dated system that the town government is currently using, which itself is making budgeting more of a challenge.