Sentences with phrase «budget revenue source»

Cuomo backs a system of public financing with a matching contribution that is not necessarily paid with taxpayer dollars, but an off - budget revenue source.

Not exact matches

Taking a page from the we'd - make - you - pay - for - the - toilet - if - we - could ethos of Europe's budget airlines, major carriers alike having begun exploiting new revenue sources — everything from early boarding to upgraded meal offerings.

Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.

And, of course, a massive budget deficit because of a lack of alternative sources of revenue: Moody's noted that the country's gross borrowing requirements through 2019 will average 17 % of GDP, because much of the debt it issued during the boom times is falling due in the next two years.

Data are compiled from a variety of sources, including the Urban Institute, Brookings Institution, Internal Revenue Service, the Joint Committee on Taxation, the Congressional Budget Office, the Department of the Treasury, the Federation of Tax Administrators, and the Organization for Economic Cooperation and Development.

By properly attributing revenue sources, future campaigns and ad budgets can be better allocated.

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.

This will be the Club's first major renovation since then and all funding for the project comes from revenue sources generated solely through the Heritage Tennis club operational budget, mainly membership fees and lessons revenue.

Silver was more vague about other revenue sources that could end up in the budget, saying the money will come through the closing of loopholes and payments deferrals, including delayed payments of tax credits to businesses.

The Assembly and Senate came to a tentative agreement on the substance of all the remaining budget bills over the past 24 hours with the exception of revenues and the still - contentious SUNY overhaul plan, a legislative source confirms.

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.

The breakdown of the revenue side of the budget shows several unconventional sources of funding for the budget.

The 2016 budget financing plan, according to a finance ministry source, envisages significant revenue from blocking leakages expected to yield over N1.0 trillion during the 2016 fiscal year.

In states that have caucus systems, passing the hat at election year caucuses to attendees is often the primary source of revenue (as well as one of the biggest expenses in the local party budget).

But the debt - laden transit authority will still need to find additional revenue sources, or cut costs, to alleviate operating budget gaps it's facing in years to come, according to S&P.

«NIFA has disallowed over $ 60 million in contingency revenue sources that we proposed and that municipalities around the state routinely use to balance their budgets, creating a budget crisis that does not exist in reality, but allows NIFA to unfairly continue its control of county finances,» she said.

A report released by Comptroller Tom DiNapoli's office on Friday raised the possibility of potential budget gaps in coming years as a result of increases in spending, tax cuts and one - shot revenue sources in the current - year spending plan.

Though Governor Andrew Cuomo has expressed support for instituting a congestion pricing program to reduce street congestion in Manhattan and create a dedicated source of revenue for the Metropolitan Transportation Authority (MTA), and said that he is fighting for such a scheme in state budget negotiations, the governor has recently indicated that he may only be able to win a modest first step, raising the ire of those expecting more.

But Mayor deBlasio, speaking before the budget presentation, seemed reluctant to give up on his plan to use a dedicated tax revenue source to fund pre-K.

Such capital budget shall indicate debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the recommended sources of all proposed capital financing including, but not limited to, capital reserve fund, sinking funds, current revenues, temporary borrowing, bond sales, federal and state grants, loans or advances.

All capital budget items shall include justifications based on return on investment, leverage of other revenue sources, payback period, impact on credit rating, relative value in reducing operating or capital costs, or other such appropriate measures typically utilized to justify and prioritize such expenditures.

If a town budgets too little revenue from those sources, whether on purpose or inadvertently, taxpayers have to make up the difference.

Additionally, my committee has jurisdiction over the city's Banking Commission, Department of Design and Construction, Department of Finance, Independent Budget Office, and Office of the Comptroller, as well as reviewing and modifying the City Budget and municipal fiscal policy and revenue from any additional sources.

«But at some point you hit the wall and we've hit the wall, because the source of revenue we've been plugging in as an alternative the Seneca Casino revenues we can't budget for 2018.»

Two sources close to the campaign finance debate said Cuomo has suggested to advocates that it would somehow be illegal for him to include revenue for a taxpayer - funded system in the budget.

Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Andrew Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.

The estimated revenue of N81.666 billion according to him consists of N32.181 billion from internal sources; N35.3 billion as the state's share from the Federation Account; N8.08 billion from Value Added Tax (VAT), N2.2 billion from Exchange Differentials and N3.8 billion from Budget Augmentation.

What does that have to do with Silver and Sampson refusing to make necessary cuts or identify revenue sources to give us a budget?

Although the administration has lauded the deal as a potential source of $ 140 million in additional tax revenue over the course of 40 years, lawmakers have approached the plan with caution, criticizing Astorino's attempt to fast - track its approval by tying a Board of Legislators» decision to a required Dec. 27 budget deadline, and for not sending out a formal request for proposals.

Sources close to the governor said they were confident the budget will include another plan to raise money for cash - strapped MTA by retaining a hefty portion of the new tax revenue generated when the city ups an assessment on properties in designated areas directly because of subway and rail service improvements in those areas.

He has redirected hundreds of millions of dollars from its budget, and, until recently, he steadfastly opposed congestion pricing as a revenue source for the languishing mass transit system.

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.

In our letter dated February 12, 2016 addressed to your good self we urged the Federal Government to explore alternative sources of raising revenue to fund the 2016 budget instead of increasing the nation's external debt of $ 64 billion.

ALBANY — Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.

«ACEP recommends that the government should pass the promised Mineral Revenue Management Act to create additional sources of funds from solid minerals to finance the free SHS policy,» the policy think tank stated in a 10 - page document analyzing the 2018 budget with regards to oil and gas,» the think - tank said.

Then, too, the speaker aims to fund his subsidy (and other initiatives beyond what Mayor Bill de Blasio has proposed for the nearly $ 90 billion city budget) from some iffy sources: ordering city agencies to find new savings and getting $ 1.25 billion in higher tax revenues — including $ 50 million more in administrative fines.

While the county has had a long history of significant labor costs, Suozzi left Mangano a budget with enough revenue sources to support those costs.

One important revenue source for Yonkers that is not proposed to increase in Governor Andrew Cuomo's budget is AIM funding, or Aid and Incentives for Municipalities.

The article notes that some do not support this proposal and criticize the governor for not cutting his own budget and deem is as a scheme and suggest that another source of revenue is needed.

His comment was later countered by the Finance Minister, Ken Ofori Atta, who in his delivery of the 2017 Annual Budget statement in Parliament, said that the program will be financed from the «Annual Budget Funding Amount (ABFA) and other domestic revenue sources.»

He secured a new source of revenue, and can keep his pledge to increase spending on health care and education after slashing those parts of the budget last year.

However the fact he says Indiana does not have enough in its current budget for roads, that the state reserves would pay for two years of road funding need and he has believed that revenue for the roads should be tied to the source leads to speculation that Holcomb believes some tax increase will be necessary to pay for road funding.

Northeast states are increasingly looking to gambling as a means of budget relief and a source of tax revenue.

The Governor, who was represented as the Special Guest at the forum by the Commissioner for Economic Planning & Budget, Mr. Akinyemi Ashade, expressed confidence in the regime of President Buhari to combat the fiscal failures of the past administration, which, he said, was responsible for the economy downturn we are experiencing following the crash in the price of crude oil — our major source of revenue.

They have no taxing power, no access to state capital budgets, and, ordinarily, no bonding authority — they are shut off from the prevailing public sources of revenue for school construction.

They also work on charter school budgets full time, so they know the ins and outs of various revenue sources and expenses.

The Illinois state lottery is one of the state's revenue sources for K - 12 education funding; it is not additional funding on top of the state K - 12 education budget.

The recently completed state budget was made tough because of a lack of revenues; positive school finance reform requires adequate, sustainable and equitable revenue sources.

However, the majority of growth in Medicaid spending results from increased federal dollars passed through to state budgets and not increased spending from state revenue sources.7

According to Jorgenson, these new revenue sources could also «close the budget gap and reduce tax rates as part of comprehensive tax reform.»