Sentences with phrase «budget forecast for»

The outgoing Treasurer shall submit as part of his annual report a budget forecast for the upcoming year.
The app can remind you about recurring expenses such as bills payments and deposits, and can even automatically create a yearly budget forecast for better finance management.
Thereafter, he is forecasting deficits $ 4 to $ 5 billion lower than the Budget forecast for each year to 2020 - 21.
As a result, we believe that the results for the first eleven months of 2017 - 18 are roughly on track to the March 2017 Budget forecast for the year as a whole.
We analyzed the difference between the 2015 Budget forecast for direct program expenses (the last Harper Budget) to the forecast presented in the FES.
This is encouraging news, although at least five to six months of financial data are usually required before one can properly assess the current results to the latest budget forecast for the year as a whole.
For example, although the report includes a table showing the differences between the final results for 2011 - 12 and the March 2012 Budget forecast for 2011 - 12, explanations of these changes amounted to less than four lines and were questionable.
On balance, budgetary revenues increased by 4.3 % on a year - over-year basis, bang on the March 2013 Budget forecast for the year as a whole.
On balance, budgetary revenues increased by 2.2 % on a year - over-year basis, compared to a 4.3 % increase in the March 2013 Budget forecast for the year as a whole.
Using the Bank of Canada forecast growth of 1 % for 2015, we have estimated that there would be a deficit of $ 1.6 billion in 2015 - 16 but have maintained the April budget forecast for the remaining years.
As U.S. salary budget forecasts for 2015 continue to be rolled out by pay consultants and researchers, the findings confirm a broad consensus for average salary budget increases of 3 percent.

Not exact matches

These can be used to forecast revenues in the future, which are handy for creating a budget.
Last year's budget forecasted oil at $ 67 per barrel (WTI) for 2016.
«The president just stripped the Department of Homeland Security of its leader, was blasted by the outgoing head of hurricane forecasting for how his budget cuts could set back this work, and lacks any experience (as a senator or governor) with navigating a difficult disaster response.
Canada's new Federal Balanced Budget Act allows for budgetary deficits when a recession is «has occurred, is occurring or is forecast» — a condition met by TD's recession projections.
Page 60 of the budget gives forecasts of 2.0 % GDP growth, -0.4 % for GDP inflation, and 0.60 % for the 3 - month T - Bill rate for 2015.
As a business owner, look for an accountant who can offer advice when you set budgets, forecasts and goals for your business and can provide valuable input based on their knowledge of your finances.
If you have trouble with numbers, are not sure if you're setting up forecasts and budgets correctly, or need help understanding whether or not labor costs should be cost of goods or expenses, for example, your accountant should be able to help.
Analysts were forecasting weekend sales of $ 41 million to $ 47 million for the Spielberg film, a respectable opening for a movie with a production budget set at $ 150 million to $ 175 million by people with knowledge of the matter, and additional millions in marketing costs.
However, the party excludes this entirely from their balanced budget plan, which starts with the 2014 Liberal budget as a baseline for their forecast revenue:
The forecast for the uninsured looks as dire as the budget numbers appear reassuring.
Furthermore, our management uses each of these measures as measures of the performance of our operations for budgeting and forecasting, as well as employee incentive compensation.
One of the most important skills of any entrepreneur is the ability to prepare budgets and accurate financial forecasts for the business.
The forecast, due Monday, sets the benchmark when legislators meet in January to write a state budget for the coming fiscal year and fix shortfalls from the current year.
One of the first things I look for in any budget are the economic projections, particularly after Budget 2015 contained wildly optimistic oil price forebudget are the economic projections, particularly after Budget 2015 contained wildly optimistic oil price foreBudget 2015 contained wildly optimistic oil price forecasts.
The latest federal forecast, released last October, projected a $ 14.3 - billion deficit for 2019 - 20 and doubts persist that Tuesday's budget will show a revised timeline for getting back to black.
Finance ministers routinely call on outside economists for input and forecasts as part of the budget - writing process.
Hopefully Budget 2016 will contain cautious and realistic economic forecasts for the next five years.
But there are useful classes for financial professionals, especially newly promoted controllers, who might benefit from intensive exposure to state - of - the - art cash forecasting, budgeting, and financial - reporting systems (taught in Seminar 1206QGF, The Controller's Job in Today's Environment).
It is packed with accessible action plans for everything from tightening cash controls to establishing budgets and forecasting sales.
The deficit for the current fiscal year that ends in two weeks is projected to be $ 25.9 billion — exactly as forecast in the fall fiscal update but up significantly from the $ 21.1 billion posited by Flaherty in last March's budget.
A year ago, Flaherty's 2012 budget relied on private sector forecasts to project 2.4 per cent gross domestic product growth, after inflation, for 2013.
From all three perspectives addressed in the review, Drummond concluded that «the Ontario Ministry of Finance revenue forecast is a sound basis for budget planning.»
For the 2014 Budget, the Ministry of Finance retained Don Drummond, one of Canada's top economists, to review the revenue forecast and provide an opinion on its reasonableness.
The inadequate level of «risk adjustment» in the forecast seriously undermines the «credibility» of the latest fiscal update as a basis for budget planning.
Despite the fact that economic growth for this year is now forecast to be substantially lower than that expected at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
Table 1 compares the June 2011 Budget economic forecast for nominal Gross Domestic Product (GDP), adjusted for prudence, to the November 2011 Update forecast.
The inadequate level of «risk adjustment» in the forecast seriously undermines the «credibility» of the latest fiscal update as a basis for budget planning and the ability to claim a budgetary surplus over the medium term.
We should also have been given the forecast of the Department of Finance and justification for not using it as the basis for budget planning instead of an «average».
The monthly results for most of the major components are consistent with their 2012 Budget forecasts.
As we have argued before (Time to Make the Budget Planning Process More Accountable, Transparent and Prudent — November 2010 www.3dpolicy.ca), we would strongly recommend that you use the Department of Finance's economic forecast rather than average of private sector forecasts, arguing that the Department's economic forecasts provide the most accurate basis for budget forecaBudget Planning Process More Accountable, Transparent and Prudent — November 2010 www.3dpolicy.ca), we would strongly recommend that you use the Department of Finance's economic forecast rather than average of private sector forecasts, arguing that the Department's economic forecasts provide the most accurate basis for budget forecabudget forecasting.
These two factors, coupled with the improvement in the deficit to date, should ensure that the deficit for 2012 - 13 will be lower than forecast in the March 2012 Budget.
It is probably no coincidence that the release was on the same day as the release of the Parliamentary Budget Officer's «An Update of the Budget 2015 Fiscal Outlook», which forecasts a deficit of $ 1.0 billion for 2015 - 16.
For example, the moving average consists of a forecast of nominal GDP for the first year (t) of the budget plan, an estimate for the previous year (t - 1) and a preliminary estimate by Statistics Canada for the first year of the moving average (t - For example, the moving average consists of a forecast of nominal GDP for the first year (t) of the budget plan, an estimate for the previous year (t - 1) and a preliminary estimate by Statistics Canada for the first year of the moving average (t - for the first year (t) of the budget plan, an estimate for the previous year (t - 1) and a preliminary estimate by Statistics Canada for the first year of the moving average (t - for the previous year (t - 1) and a preliminary estimate by Statistics Canada for the first year of the moving average (t - for the first year of the moving average (t - 2).
The economic forecast was cautious and there is room in the budget for things to slide a bit.
In last April's Budget, Mr. Oliver forecast a surplus of $ 1.4 billion for 2015 - 16.
The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).
Table 1 compares the November 2012 Update economic forecast for nominal Gross Domestic Product (GDP)-- the applicable base for budgetary revenues - to the March 2012 Budget forecast.
The likelihood of a surplus for 2014 - 15 is further enhanced by our expectation that the final results for 2013 - 14, which will be released in late September / early October, will show a deficit of around $ 10 billion substantially lower than the $ 16.6 billion forecast in the February 2014 Budget.
The key risk to the 2018 Budget deficit forecast of $ 19.4 billion for the year as a whole is personal income tax revenues.
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