Ferreras - Copeland called out agencies for assuming that the Council would fill
budget gaps with its discretionary funding - particularly for the Department for the Aging and the Department of Youth and Community Development - and also pointed out that they had given few details about how $ 2 billion in new funding would be implemented.
Mr. Paterson said tthe conversation had helped lay out how the Ravitch plan might intertwine with his own budget proposal, which closes a roughly $ 9 billion
budget gap with a mix of spending cuts and new taxes and fees, and does not include new borrowing.
«The state work force has already shared the pain of closing
this budget gap with the 10 percent cuts to state agencies,» said PEF President Ken Brynien.
Not exact matches
The lines track more or less in sync until a decade ago, when they diverge as home prices shoot toward the stratosphere, the
gap growing wider
with each year, like huge jaws swallowing homeowners» retirement savings and vacation
budgets and pushing them further into debt.
When the dust settled, state officials were left
with multi-billion-dollar
budget gaps that had to be filled.
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.
Maglan concentrated on investing in companies
with economic difficulties in the United States but the low values in Puerto Rico and «the steps taken by the Governor to close the
gap in the
budget» attracted Maglan to invest for the first time in municipal debt.
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!
Closing the
gap on our
budget and
with our manager is a lot harder these days and having to win the EL every other year to qualify for CL football is probably statistically an even longer shot.
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.
When Elgin — a town that has had to fill
budget gaps in the millions — couldn't afford a park project on its own, officials looked to partner
with a neighboring park district.
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.
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.
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.
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 amendme
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 amendme
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 amendme
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 remark provided a warning shot to unions now brawling
with Gov. Paterson to preserve planned pay raises and stop forced furloughs amid an estimated $ 9.2 billion
budget gap.
Noted that state revenues are set to drop in coming years —
with budget gaps projected to climb to $ 3.6 billion by 2020.
With a $ 9 billion
budget gap looming, straphangers could end up paying again very soon.
And
with recounts keeping the State Senate busy, it looks like the
budget gap won't get plugged until Cuomo is governor.
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.
Betsy Lynam, an analyst
with the
budget watch dog group the Citizens Budget Commission says with just one quarter of the fiscal year remaining, it's going to be increasingly difficult to find ways to close th
budget watch dog group the Citizens
Budget Commission says with just one quarter of the fiscal year remaining, it's going to be increasingly difficult to find ways to close th
Budget Commission says
with just one quarter of the fiscal year remaining, it's going to be increasingly difficult to find ways to close the
gap.
Altogether, an $ 11 million
budget gap remains under Walsh's proposal, and he has said that he expects to fill that
gap with rainy day funds.
But there's also a question of whether it should be a priority in a year when the state is dealing
with a $ 4 billion
budget gap.
Aresimowicz also expressed strong optimism Wednesday that talks
with state employee unions will reach a deal on concessions to help close the projected
budget gap that is now more than $ 2 billion for the next fiscal year.
Before Trump's
budget outline and the proposed American Health Care Act (Trumpcare), the preliminary City
budget looked reasonable: Manageable
budget gaps, reasonable reserves and moderate revenue growth in the context of slower job growth
with wage and income growth improving.
Well, it may not be the happiest of
budget days this year for Albany as Gov. Andrew Cuomo is set to unveil a 2018 - 19 spending plan that has to contend
with a $ 4.5 billion spending
gap.
With the capital city poised to receive $ 500,000 less in additional state aid, and managing the now scuttled $ 620,000 sale of property it owns in Coeymans, Mayor Kathy Sheehan said departments heads will have to take a hard look at overtime costs to fill the
gaps in Albany's $ 168 million 2018
budget.
Minority Leader Lori Cornell (D - Jamestown) agreed about that pressure needs to be put on Albany, but also said the legislature, too, needs to work together and come up
with local solutions to offset the 2013
budget gap.
Education, Close the education
gap that exist in Towns and Villages
with support for a referendum on creation and development of a County Department of Education to oversee school districts
budget distribution and outcome.
He's entering the fray from a strong position — President Obama ordered a wage freeze for federal workers in November, and many other governors are grappling
with the same issue in order to breach their own
budget gaps.
Levin hoped to fill the last $ 2 million
gap with funds from Brooklyn Borough President Eric Adams» $ 60 million capital
budget, but at the last minute, Adams» office said they would only pay $ 1 million, sending the councilman scrambling to make up the difference.
As illustration, even if the legislature were to impose $ 4.2 billion in new tax and fee measures - as recommended by the Executive
Budget — it would still leave the state with $ 11 billion in an accumulated structural budget gap over the next five years; a figure that will likely grow given the ongoing deterioration of state tax collec
Budget — it would still leave the state
with $ 11 billion in an accumulated structural
budget gap over the next five years; a figure that will likely grow given the ongoing deterioration of state tax collec
budget gap over the next five years; a figure that will likely grow given the ongoing deterioration of state tax collections.
In a conference call
with Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver this morning, Governor David Paterson outlined the cuts he'd like to make in the state
budget to help close the projected $ 6.4 billion
budget gap.
The report, generated as part of the state's «Quick Start»
budget process, projects the deficit will reach $ 3 billion next year along
with a
gap of almost $ 250 million this year.
And while he finds it to be fiscally sound and applauds the plan for closing the out year
budget gaps, he takes issue
with the Governor's Tier VI pension proposal, saying it «does not provide for cost of implementation» while also suggesting Cuomo's
budget would «would reduce long - established checks and balances.»
The Commissioner also told lawmakers that the state's diverse array of pre-kindergarten programs need to be consolidated, and she stuck by the Regents call for $ 2.4 billion more for schools in the
budget, along
with ending a cap on funds to some schools known as the
Gap Elimination Adjustment.
Cuomo is expected to say how he would deal
with the
budget gap and the federal policy changes on January 16, when he unveils his
budget plan.
The governor says the
budget gap, combined
with uncertainties in funding from Washington, leaves him
with little choice than to raise some taxes.
The new governor, who has rejected the state's traditional reliance on higher taxes and borrowing to close
budget gaps, will outline specifics of his tough spending plan on Feb. 1, setting the stage for what one legislative aide called «a
budget Armageddon»
with the Legislature.
The report noted «while projected
budget gaps may currently appear modest — certainly when compared
with gaps faced in some recent years — the next Mayor and City Council are likely to face significant
budget challenges,» a situation Mr. Thompson described as Mr. Bloomberg and Ms. Quinn rather literally passing the buck.
With advocates clamoring for more MTA funding, the mayor said it was up to Albany — not the city — to help plug the transit agency's
budget gap.
Mr. Paterson, meeting publicly in Albany
with leaders of the Legislature, also said he would not sign any
budget that relied on borrowed money to close New York's $ 9 billion
budget gap, a decision that would essentially kill a proposal crafted by his own lieutenant governor, Richard Ravitch, to use short - term borrowing to offset some cuts to government programs.
Faced
with a $ 40 million
budget gap, he turned this «grim» situation into 3 straight
budgets under the mandated state tax cap, built a
budget surplus of over $ 18 million this year, replenished the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the State.
«In the words of the Permanent Secretary, «Considering the unrestricted patronage base and free services of the State House Medical Centre, coupled
with the funding hiccups and periodic receipts, it may not be far - fetched to notice
gaps between demand and supply of medical equipment and consumables at certain stages of the
budget circle.»
In a news conference outside of the Senate chamber, school organizations called for a bump in state aid for districts of $ 2.2 billion in the coming 2016 - 17
budget year, along
with a complete elimination of the so - called
Gap Elimination Adjustment while also pledging to fully fund Foundation Aid that helps poorer districts.
As the state grapples
with a $ 3.5 billion
budget gap for the fiscal year that starts April 1, how $ 9 billion worth of settlement money from 22 Wall Street entities that first arrived in 2014 is being spent is again drawing scrutiny and criticism.
Gov. Andrew Cuomo's
budget this year increases education aid by about $ 990 million,
with $ 2.1 billion being spent over the next two years and also ends the education cuts known as the
gap elimination adjustment.
Fed up
with the Legislature's lack of progress in closing a $ 9 billion
budget gap, Paterson has been including a year's worth of cuts in his weekly emergency spending bills.