The city's financial plan forecasts a surplus of $ 1.6 billion in FY 2014, which will be used to help balance the $ 73.9 billion FY 2015 budget, and out - year
budget gaps of $ 2.6 billion in FY 2016, $ 1.9 billion in FY 2017 and $ 3.1 billion in FY 2018.
Even with these big service cuts and even with the use of all of the state's flexible reserves for «non-rainy-day» purposes, the Governor's budget would still leave the Legislature and the next Governor with
budget gaps of $ 2 billion in 2007 - 08 and $ 4 billion in 2008 - 09.
Faced with
a budget gap of $ 3.7 million in 2017 - 18, college trustees are weighing a tuition hike of 3 percent, a move administrators said would raise about $ 1.3 million toward closing the gap.
The New York State Association of Counties has predicted a structural
budget gap of more than $ 4 billion over the next five years if there are no changes, and some upstate cities are teetering on the verge of bankruptcy.
The 2015 - 16 budget for Potsdam Central School shows
a budget gap of $ 205,921 at this time, according to Brady, who said the figure assumes a 2.9 percent tax levy increase and the use of $ 2.2 million in fund balance.
Niagara Falls school officials are bracing for potential job cuts of between 45 and nearly 70 employees under next year's budget to help close an anticipated
budget gap of between $ 5.9 million and $ 7.3 million.
Never mind that most middle - class New Yorkers will see their federal taxes go down, and that the state already faced
a budget gap of $ 4.4 billion before Washington lifted a finger.
The state faces
a budget gap of at least $ 3.5 billion — of which the administration says $ 2.8 billion will be closed by as - yet - unspecified spending restraint.
The tax increase would have been part of a broader effort to close
the budget gap of $ 3.5 billion over two years.
Syracuse faces an estimated
budget gap of $ 16 million next year, which would eat up most of the $ 20 million that remains in the city's fund balance.
Dutchess County Government seeks to close
a budget gap of up to $ 40 million in the development of the 2013 budget.
The state Association of Counties has predicted a structural
budget gap of over $ 4 billion dollars over the next five years if there are no changes, and some upstate cities are teetering on the verge of bankruptcy.
Centro officials say they are facing
a budget gap of at least $ 4.5 million.
With Rockland County facing an unaudited
budget gap of about $ 145 million, my hope is that the LDC achieves its mission in the very near future.
Not exact matches
Youthful naiveté and a keen eye for market
gaps led Minhas and her brother to start making a private - label line
of spirits for bars and restaurants, and then to move into
budget beer; today their Calgary - based conglomerate includes one
of the country's largest independent alcohol businesses, plus ventures in construction and media.
According to a statement the SBA released this morning, the competition will allow entrepreneurial models to compete for prizes
of $ 50,000 apiece, helping to fund operating
budgets and fill in
gaps in the entrepreneurial ecosystem.
She added that by Congressional
Budget Office estimates, cited by Harvard professor and former Secretary of the Treasury Larry Summers, a 0.2 percentage point increase in GDP would eliminate any long - term budge
Budget Office estimates, cited by Harvard professor and former Secretary
of the Treasury Larry Summers, a 0.2 percentage point increase in GDP would eliminate any long - term
budgetbudget gap.
Despite the fact that it's a weekday afternoon, city hall is empty, too -; the result
of a government - mandated four - day workweek to help close the
budget gap.
BRUSSELS — The European Union on Wednesday launched the long and politically fraught process
of drawing up its new long - term spending plans, seeking a bigger
budget to finance new priorities like defense and border control and plug the
gap left by Britain's departure.
They also have recent real - world examples to make their case: Tax cuts in Kansas made by Gov. Sam Brownback failed to deliver the expected boost, forcing the state into years
of grueling
budget battles and harsh spending cuts to make up the
gap.
The
budget gives an estimate deficit
of only 2.9 billion in 2014 - 2015 (page 10), so it is very reasonable to suggest that somewhat faster economic growth would fill this
gap.
According to the Center on
Budget and Policy Priorities (CBPP), the U.S. is presently facing a funding
gap of $ 1.7 trillion on roads, bridges and transit alone — to say nothing
of electricity, schools, airports and other needs.
Critics like University
of Victoria professors Rob Gillezeau and Jeffrey Ansloos point, for example, to the Parliamentary
Budget Officer's analysis that shows the federal government may not have allocated enough money to fulfill the Liberals» key 2015 election promise to eliminate the
gap between federal spending on First Nations students and kids attending provincially funded schools.
Amy
of Real Food Whole Health Beth
of Red and Honey Carol
of Studio Botanica Carolyn
of Real Food Carolyn Christy
of Whole Foods on a
Budget Colleen
of Five Little Homesteaders Dina - Marie
of Cultured Palate Emily
of The Urban EcoLife Heather
of The Homesteading Hippy Iris
of De Voedzame Keuken (The Nutritious Kitchen) Jackie
of Deductive Seasoning Jan
of Healthy Notions Jennifer
of Hybrid Rasta Mama Jill
of Real Food Forager Jo
of Nourishing Time Joe
of Wellness Punks Joelle
of jarOhoney Karen
of ecokaren Karen
of Nourish with Karen Karen
of Sustainable Fitness Katie
of Kitchen Stewardship Kris
of Attainable Sustainable Kristen
of Rethink Simple Kristine
of Real Food Girl: Unmodified Lauren
of Healing and Eating Laurie
of Common Sense Homesteading Libby
of eat.play.love... more Libby
of Libby Louer Linda
of The Organic Kitchen Lydia
of Divine Health From The Inside Out Natalie
of Honey, Ghee, & Me Pamela
of Paleo Table Sandi
of Sandi's Allergy Free Recipes Sarah
of Real Food Outlaws Shannon
of All Things Health Shanti
of Life Made Full Shelley
of A Harmony Healing Sjanett
of Paleolland Stacy
of A Delightful Home Stacy
of Paleo Gone Sassy Starlene
of GAPS Diet Journey Susan
of Grow In Grace Farm Susan
of Learning and Yearning Suzanne
of Strands
of my Life Sylvie
of Hollywood Homestead Tracy
of Oh, The Things We'll Make!
I know our club will have to make a statement in the transfer market next summer if and when Alexis Sanchez and Mesut Ozil decide to quit the club at the end
of their contracts, and their departures will leave a nice sized
gap in our wage
budget which we could fill with a big arrival, but Griezmann looks too likely to join one
of the bigger sides.
Between 16 and 18, things are getting serious, because now they are preparing to go after college or have a
gap year or something which they are going to be independent, so now the stakes are higher and you really want them to be accountable, to a cash flow statement
budget, savings, credit, they really need to learn about FICO scores, all
of these things they are going to need when they are off to college.
Mayor Rahm Emanuel today said he will not rely on making city workers take unpaid days off to solve a $ 30 million
budget gap Mayor Richard Daley left him with for the second half
of the year.
State Comptroller Tom DiNapoli gave NYC Mayor Bill de Blasio's
budget proposal a thumbs up for the short term, saying he made appropriate use
of higher than expected tax revenues to reduce out - year
budget gaps and to replenish reserves.
Without the offset
of the 18 percent wage hike included in the deal realized through health care savings negotiated by the administration with the UFT and Municipal Labor Council, which represents all city employees, this agreement «could increase future
budget gaps to levels that would be more difficult for the city to deal with, especially during another downturn,» Moody's warned.
The Cuomo administration's Division
of Budget released a quarterly spending plan update Friday morning that still shows out - year budget gaps for the next three fiscal
Budget released a quarterly spending plan update Friday morning that still shows out - year
budget gaps for the next three fiscal
budget gaps for the next three fiscal years.
The latest TV ad from Democratic Senate candidate Todd Kaminsky touts the passage
of the state
budget in Albany, specifically mention issues close to Senate Republicans: A $ 1 billion tax cut and an end to the
Gap Elimination Adjustment.
If not it will go the way
of Pupil Premium funding whereby schools already struggling due to cut
budgets will simply have to use the new money to plug
gaps in other areas
of provision.»
The
budget that year also ensured the end
of the
gap elimination adjustment for school funding, a concern Republican lawmakers had campaign on since it was put in place.
New York City's finances look to be on solid ground, with a strong economy, a balanced
budget and out - year
gaps that are manageable under current conditions, according to state Comptroller Tom DiNapoli's assessment
of the mayor's proposed spending plan, though there are risks in the years ahead.
With the state
budget now 27 days late, Gov. David Paterson today pleaded with the Legislature to pretty please give an up - or - down passage to his proposal — enhanced with an additional $ 620 million worth
of cuts and revenue to cover a deficit
gap that has opened since his Feb. 9
budget amendments.
With Albany looking at another $ 9 billion
budget gap to plug next year, the cycle
of transit raids blowing a hole in the MTA
budget is primed to start all over again.
The Democratic governor, who has vowed to not raised taxes, faces the challenge
of closing a $ 10 billion
budget gap via spending cuts, primarily in education and healthcare.
Last December, Albany swiped $ 143 million in MTA funding — most
of which came from dedicated transit taxes — to cover the state's
budget gap.
Governor Cuomo released a state
budget plan that closes a $ 2 billion dollar
gap, recommends a phased in state takeover
of county health care costs, and offers an ultimatum to schools to accept a teacher evaluation program or lose access to increased school funding.
Governor Andrew Cuomo's proposed solutions for addressing the
gap, as revealed when he delivered his proposed $ 168 billion
budget in January, includes a mix
of one - shot revenues, tax increases and some spending cuts.
Governor Cuomo released a state
budget plan that closes a $ 2 billion dollar
gap, recommends a phased in state takeover
of county health care costs, and offers an ultimatum to schools to accept a teacher evaluation program or lose increased school funding.
WNYC's Andrea Bernstein reports on the most troubling sign yet that Governor - elect Andrew Cuomo is not willing to stop Albany's practice
of raiding dedicated transit funds to plug
gaps in the state
budget.
The $ 315 million midyear
budget gap could lead to another transit raid in the $ 20 million range before the year is out, if Governor Paterson convenes a lame duck special session and Albany repeats the same sort
of heist it pulled off this fall.
Governor Cuomo's Executive
Budget proposal eliminates the projected 2011 - 12
gap with $ 8.9 billion in recurring spending actions, or nearly 90 percent
of the total plan.
As illustrated in the Executive
Budget financial plan, the state will be facing significant budget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on indivi
Budget financial plan, the state will be facing significant
budget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on indivi
budget gaps in each
of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on individuals.
It was the basis for the governor's repeated claim to have turned a huge
budget gap into a $ 2 billion surplus, which never actually entered the realm
of fiscal reality.
The state faces an over $ 4.4 billion
budget gap, as well as funding cuts and policy changes from Washington that could cost New York and some
of its taxpayers billions
of dollars.
The comptroller said some
of the potential
budget gap could have been avoided if Cuomo's
budget department had been «more aggressive» in putting more money in reserve funds to provide for unforeseen future events.
The PSC's press release (not sent out by the Schneiderman campaign) quotes from the Times» endorsement senator and also highlighted his effort to combat the «corrupting influence
of big corporations» and support
of tax increases on the wealthy to help close the state's chronic
budget gap.
Gov. Andrew Cuomo once again criticized New York City Mayor Bill de Blasio over how to close a
gap in the capital
budget of the Metropolitan Transportation Authority.