Sentences with phrase «budget shortfall by»

The Met has attempted to plug a budget shortfall by laying off staff and offering buyouts.
Please help Yaoi Press make up a budget shortfall by taking advantage of sale prices on every single item!
Hawaii decided to fix their budget shortfall by eliminating 17 days from this school year in exchange for an 8 percent reduction in teacher salaries.
In an exclusive interview with The Associated Press on Thursday, Walker defended the action as necessary to deal with a projected $ 3.6 billion budget shortfall by mid-2013.

Not exact matches

Conversely, Ontario, which has by far the largest deficit and debt, managed at least to keep its fiscal shortfall below what it said it would be in its 2012 budget, at nearly $ 12 billion rather than nearly $ 15 billion).
Remember, if the government gives us a tax cut they'll still have to make up the budget shortfall somehow, chiefly by selling more bonds to American citizens (who happen to be the same people getting the tax cut) or foreigners (who will raise the money by selling us more of their goods and services, or buying less of ours).
Expenses for other direct program expenses (excluding other transfer payments) could be $ 2 billion higher than estimated in Budget 2012, especially if the Government decides to book the shortfall in the environmental liability as identified by the Commissioner for the Environment and Sustainable Development.
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower than expected nominal GDP.
Thomas Peterffy, one of three Connecticut residents with an 11 - figure net worth, has taken his wealth from Greenwich to Florida, a move that all by itself explains part of the state's budget shortfall.
But the budget office projects the government producing a $ 1 - billion shortfall in 2015 - 16 followed by smaller surpluses of $ 600 million and $ 2.2 billion over the next two years.
It is being sold off by debt - strapped cities and states to cover their budget shortfalls resulting from un-taxing real estate and from foreclosures.
Anne L. Bryant, executive director of the school boards association, said it was «disappointing» that the law «does not provide adequate funding,» which she said would «challenge schools» ability to provide school nutrition by adding a new funding burden for schools at a time when there are critical budget shortfalls
The resulting shortfall in general revenue either has to be made up by other taxpayers or else contributes a little more to the budget deficit.
Reacting to the report, Highways Term Maintenance Association chief executive George Lee said: «This year's ALARM survey makes for very interesting and possibly surprising reading, as it seems to indicate a significant turnaround from previous surveys with a 10 year high in maintenance budgets, the budget shortfall dropping and the critical «catch up cost» dropping by # 2.7 Bn.
Vacca and transit advocates wrote their letter to state leaders in response to an AP story that reported that «Budget Director Robert Megna said the $ 315 million shortfall in the current budget must be addressed by Dec. 31.&Budget Director Robert Megna said the $ 315 million shortfall in the current budget must be addressed by Dec. 31.&budget must be addressed by Dec. 31.»
The MTA is in dire financial straits, facing budget shortfalls that won't be filled by planned fare hikes in 2019 and 2021.
The bus system faces route cuts practically every year, and crucial social services, such as youth programs, are often threatened by budget shortfalls.
Albany, NY — Host Alan Chartock is joined by Billy Easton, Executive Director for the Alliance for Quality Education, to discuss how the budget shortfall will affect schools.
Gov. Andrew Cuomo's proposed state budget increases New York City's deficit for the upcoming fiscal year by an estimated 58 %, creating an «immediate $ 1.4 billion gap» on top of an already existing shortfall of $ 2.4 billion, City Comptroller John Liu plans to tell Albany lawmakers in testimony Monday.
A Democrat who stood in opposition to a Republican House and Senate, Napolitano was replaced by Republican Jan Brewer, triggering turnover in state government and a shift in priorities — right in the midst of an estimated $ 3 billion budget shortfall.
The current fiscal year's budget, meanwhile, is falling out of balance by an estimated $ 350 million, and he's «expected» to call lawmakers back to Albany to deal with the shortfall.
Even with Cuomo's numbers at an enviable place at the start of the year, the state faces multiple challenges, including a $ 4.5 billion budget shortfall that must be closed in the spending plan expected to pass by March 31, the end of the state's fiscal year.
Ulster County is responsible for this shortfall and must, according to its contract with the agency (a sort of quasi-authority that governs itself, though its board of directors is chosen by county government), see to it that the RRA breaks even by contributing what is called a «net service fee» — funding that has to be built into the county budget.
Buhari said that the implementation of the 2016 Budget was hampered by the low oil prices in the first quarter of 2016, and disruptions in crude oil production which led to significant shortfalls in projected revenue.
On May 6, 2003, for example, the Governor issued a press release with the following lead paragraph: «Governor George E. Pataki today announced that the fiscally irresponsible budget passed by the State Legislature will harm New Yorkers by imposing the largest tax increase in the history of the State — a tax increase that will lead to massive job losses and a projected $ 13 billion budget shortfall in the upcoming two years.»
Ivan Lewis, the Labour MP for Bury South, said there will be a # 2bn shortfall in the area's healthcare budget by 2021, only a quarter of which will be made up through a new # 450m grant from NHS England's transformation fund.
This local law, enacted for either one - or two - year terms by the Erie County Legislature, dedicated a portion of Erie County's real property tax for Library purposes and guaranteed that funds appropriated by the Legislature could not be re-appropriated to cover mid-year shortfalls elsewhere in the Erie County budget.
The state's financial situation is an utter disaster: Spending has risen by 10 percent over last year's budget, and the state is looking at a $ 9 billion shortfall for this fiscal year and then a $ 15 billion gap for the subsequent year.
Assembly Speaker Robin Vos wants to move quickly, while Senate Majority Leader Scott Fitzgerald said his members want to discuss other options that wouldn't result in increasing by $ 100 million a shortfall for the budget that begins in mid-2015.
Mayor Bill de Blasio unveiled an $ 89.06 billion executive budget proposal for the 2019 fiscal year on Thursday, decrying new spending that the city must undertake to meet shortfalls and unfunded mandates imposed by the new state budget approved last month, and cautioning of federal actions that could affect the city's fiscal future.
Malloy said that a shortfall in the state's $ 20 billion budget has widened by $ 120 million.
The executive budget has $ 180 million in fiscal 2017 for the hospital system, with the ultimate aim of avoiding a $ 1.8 billion shortfall by fiscal 2020.
Mayor Bloomberg used the presentation of his final executive budget on May 2 to say that future budget shortfalls should prevent the city from agreeing to a teacher contract with retroactive pay raises, a position hotly contested by UFT President Michael Mulgrew.
Paterson, whose approval stood at 53 percent last December, has been beset by a series of criticisms over his handling of Caroline Kennedy earlier this year and more recently the state's massive budget shortfall.
Miner's efforts add up to this: Rather than spending down the city's fund balance by $ 29 million to cover revenue shortfalls, as anticipated by her first three budgets, she has added $ 10.6 million to the fund balance during that time.
«He inherited a $ 3.5 billion budget shortfall that he closed by raising taxes, including the sales tax.
MADISON, Wis. (AP)-- Wisconsin state Assembly Republicans released the framework of a plan Thursday to plug a transportation budget shortfall that would raise taxes and fees by $ 300 million and cut other taxes by at least that much.
The latest report by the independent agency predicts the city faces a $ 1.2 billion budget shortfall for the coming fiscal year — nearly $ 800 million less in debt than the city's latest budget predicted.
Wisconsin state Assembly Republicans released the framework of a plan Thursday to plug a transportation budget shortfall that would raise taxes and fees by $ 300 million and cut other taxes by at least that much.
Figures obtained by BBC Wales show Welsh councils face a combined budget shortfall of # 145m over the next year.
By June, the city will have $ 29.4 million to cover budget shortfalls.
But the agency says this year's budget shortfall will force it to delay the launch of the program's second orbiter by 14 to 18 months, beyond the expected lifetime of the first satellite.
«At Berkeley» — Frederick Wiseman's four - hour documentary about the great public university, shot in 2010 at a time of campus - wide unrest over budget shortfalls, says more about the state of American education — and by extension, America itself — than any other movie this year.
«This pay cut was used by legislative leadership to make up a budget shortfall on the backs of teachers, law enforcement officers, firefighters, and other state workers,» FEA president Andy Ford said.
According to recent data compiled by the National Conference of State Legislatures, the cumulative shortfall for fiscal 2003 state budgets has dropped from $ 25.7 billion in late January to $ 21.5 billion by late April.
Most of those funds are going to avert catastrophic school budget shortfalls caused by the recession.
Even though Oklahoma is facing a $ 600 million budget shortfall for the coming fiscal year, the state's new Democratic governor proposed increasing education spending by $ 110 million in fiscal 2004 in his recent State of the State Address.
President Bush's plan to consolidate a bevy of domestic programs into a $ 15 - billion block grant would cause a $ 27.4 billion shortfall for states over five years if they continue to fund the programs at their current levels, according to a report by the Senate Budget Committee.
The ruling by District Court Judge David E. Winslow held that the cash - management program, which allows school officials to issue tax - exempt bonds to cover anticipated budget shortfalls, does not violate the state constitution.
Though districts have trimmed construction plans and programs because of the cuts, which were made by Gov. Frank O'Bannon in response to a hefty state budget shortfall, they are...
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