Sentences with phrase «budget shortfall caused»

To this can be added the effective 25 % budget shortfall caused by the deterioration of the Canadian dollar exchange rate against the US and UK currencies.

Most of those funds are going to avert catastrophic school budget shortfalls caused by the recession.

Not exact matches

To the extent that conservatives succeed in reducing fiscal woes to a case of runaway spending, politicians find it easier to address budget shortfalls with public sector furlough days, wage freezes, layoffs and benefit cuts than with progressive tax increases that, many economists conclude, would cause the least harm to the recovery.

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 job cuts Cruz referenced are detailed in a Tampa Bay Times article on Hillsborough County Schools» $ 38.2 million budget shortfall for next school year, which caused the district to cut 800 jobs, including 220 elementary school teachers, 116 custodial workers and 106 bilingual classroom aides.

Auditors for documenta 14, which closed this year with a significant deficit, have reported that the shortfall was primarily caused by the exhibition's second location in Athens, which caused the budget to spiral thanks to additional security, labour, transport and space costs.

The shutdown could cause further delay to planned satellite programs like GOES - R, which are already struggling due to budget and management shortfalls.

SAG «has ratified six contracts this year and cut costs to deal with a budget shortfall largely caused by the recession and work slowdown for actors.»

The TIAA - CREF change was one of a number of commercial valuation reductions that surprised the county assessor's office and caused budget shortfalls for the city and county.