Sentences with phrase «budget officials say»

Both efforts benefited from a recent rebound in county revenues, which budget officials say left an extra $ 11.3 million in excess fees, revenues and unspent money from last year's budget.

Suffolk County budget officials say there's a slowly improving fiscal picture for the county and that Suffolk actually had its first budget surplus since 2006.

Budget officials say state - related debt has been cut by $ 2.9 billion since Gov. Andrew Cuomo took office, down to $ 52.7 billion, with the sixth straight balanced budget proposal while limiting spending growth to two percent.

The Comptroller recently released a report that shows record overtime spending by the Cuomo Administration, but budget officials say that has nothing to do with holding the line on spending, including what is essentially been a hiring freeze in the state workforce.

State budget officials say the PFM Group report provided recommendations to address these obstacles and wean the city off additional state funding.

Budget officials say its too early to calculate the precise savings that would come from 209 layoffs, since it would depend on individual salaries.

The problem stems in part from delayed tax payments, which budget officials say is due to uncertainty over tax reform on the federal level.

A senior New York City budget official said that officials hadn't discussed with their state counterparts how to avoid about $ 1.5 billion in potential cuts to the city initially proposed by Gov. Andrew Cuomo.

It takes effect immediately and is expected to cost the city an extra $ 222,432 per year, budget officials said.

A Cuomo administration budget official said the proposed payroll tax also could be used to raise more revenue by seizing some of the tax cuts promised to corporations and the wealthy under the federal tax law, as a way to shore up state finances.

The administration is working with major accounting firms to work within the federal law and exploit loopholes, the state budget official said.

Eliminating funding for 13 Education Department programs this fiscal year was a political success that freed up $ 77 million — and is part of a trend that is likely to continue, one of the department's top budget officials says.

Not exact matches

The commodity exporter will begin a roadshow this week to market a $ 2.5 billion Eurobond issuance to restructure debt and support the government's 2018 budget, a senior government official said.

In talks with fund officials over the past year, Goldman executives presented an analysis of the fund's allocations based on publicly available data and suggested areas it could improve, such as where to spend the risk budget and whether to be more active or passive in certain portfolios, said the comptroller staffers, who spoke on the condition they not be named.

A senior government official says Finance Minister Bill Morneau's budget will start laying the foundation for Ottawa to deliver on some long - awaited goals towards achieving pay equity in Canada.

Mick Mulvaney, the director of the Office of Management and Budget and one of the Trump administration's most senior economic policy officials, struck a similar note in his own farewell note about Cohn, saying he «never expected that the coworker I would work closest, and best, with at the White House would be a «globalist.

Tax officials in a few states said they do not track individual tax payments, though state budget officials typically follow total quarterly tax payments by the rich to make sure revenue projections hold up.

Earlier this week, he said exactly what anonymous Ministry of Defense sources said a few weeks ago, when they asserted that Iron Dome was under threat of a procurement freeze as part of their eternal war against the Ministry of Finance officials over the defense budget.

A defense official said that US aid did not meet all the requirements, and that the Ministry of Defense will have to make up one third of the expenditure from its shekel budget.

Greece's government will have to raise at least 3 billion euros ($ 3.4 billion) to meet the minimum budget targets acceptable by creditors, an official with knowledge of the discussions said.

Ten certified teaching positions will be cut at the end of the school year at Glen Ellyn Community Consolidated School District 89 due to budget constraints and declining enrollment officials said.

BOLINGBROOK — With less than three weeks to go until it officially opens to the public, the Park District's new recreation complex is on schedule and within budget, park officials said.

UNIVERSITY PARK — Village officials have adopted a 1997 - 98 budget that includes large increases for the Parks and Recreation Department, Village Manager Michael Grubermann said.

Despite severe cost cutting, scores of layoffs and wholesale restructuring last year, Chicago Public Schools faces a budget deficit estimated at $ 600 million to $ 700 million in 2013, with the cost of a longer school day still unknown, officials said.

About $ 1.46 million was levied by the district in 1987 and officials say $ 1.73 million will be needed in the 1988 levy to support next year «s budget.

Officials, meanwhile, said they are managing to keep district parks and facilities maintained amid plunging tax revenue that has left them with only a $ 3.5 million budget this year.

The purchase price is just a little less than the district's annual operating budget, officials said.

Officials said they had no idea what it will cost to restore the ceilings, but figure it won't be easy to find money to do the work, with the city in the midst of a budget crisis.

NEW LENOX — With a growing residential tax base and a budget limited by a tax cap, the New Lenox Park District needs alternative revenue sources, a park official said recently.

The budget includes a 2.75 percent cost - of - living increase in January, and a 0.25 percent increase in October, which officials said would take the sting out of unpaid days off work.

For the last two years, Park District officials relied on employees taking eight furlough days a year to balance the budget, but «the unions, for whatever reason, didn't want to agree to furlough days this year,» Mitchell said.

Mayor Dan McLaughlin said last year's budgeting process helped him and other officials see how a facilitator would help streamline different priorities within village departments.

The Chicago Board of Education will increase lunch prices for the second time this year, lay off 150 more teachers and cut $ 14 million in transportation costs to help make up an $ 80 million budget deficit, officials said Tuesday.

In a previous interview, Leno also said: «If you want to be an elected official of a taxing body with a $ 25 million operating budget, then everyone should dot their I's and cross their T's.»

«If you want to be an elected official of a taxing body with a $ 25 million operating budget, then everyone should dot their Is and cross their Ts,» Leno said.

Village officials have adopted a 1997 - 98 budget that includes large increases for the Parks and Recreation Department, Village Manager Michael Grubermann said.

Cuomo is pushing a package of ethics reform proposals including public financing of political campaigns and strengthened disclosure of outside income for elected officials — measure he says must be in the final state budget agreement.

In the final budget enacted March 31, officials say the deficit was completely wiped out.

District officials said this year's local 0.65 percent cap on any tax increase puts far too tight a clamp on the budget to accommodate growing enrollment.

The administration official, who declined to be identified publicly under the terms of a background briefing with reporters, says Monday it's not part of the proposed state budget, noting lawmakers» opposition to spending state money.

City officials say they will use casino cash for next year's budget.

«Official forecasts will show George Osborne's emergency Budget hitting growth and costing jobs in the short term, government sources said last night, but the austerity measures will also create a brighter climate for the economy by the end of the parliament.

Facing declining ridership and rising costs, the MTA will need new revenue sources to avoid its planned fare and toll hike in 2019 and to fight widening budget gaps, officials said Wednesday.

Gov. Andrew Cuomo introduced a five - pronged package in January that included these reforms as part of his 2018 State of the State agenda, and the organizations were led to believe they would be part of the state's finalized budget after months of discussions with elected officials, a spokesman for the Legal Aid Society said.

«Today's decision sent a simple message that officials who abuse the public's trust will be held accountable,» Gov. Andrew Cuomo, who had negotiated four state budgets with Silver, said in a statement.

The administration has an unofficial hiring freeze in place, but I think it's in everyone's best interests to make it official so we can have time to work on the budget,» said Councilwoman Shanae Williams.

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 prime minister's official spokesman yesterday said that «inevitable» there would be discussions on the budget proposals, but it would be up to individual states on December 15th to choose between the reality of getting a deal, and holding out for a perfect solution.

«We have locally elected school officials who have forever been responsible for seeing to it that the monies received into the district from the state and federal level are brought into a budget that allocates resources where they are needed most,» Kremer said.

Vanderhoef, who worked in the Rockefeller administration, said he has been «terribly frustrated» with the lack of a state budget, which makes the job of local elected officials like him much harder.