Sentences with phrase «budget shortfall next»

The vote was unanimous, with absolutely no discussion of how to make existing charter schools accountable for their activities or the fact that Connecticut's public schools are underfunded and additional funding will not be forthcoming anytime soon since Malloy's fiscal strategies have left the state facing a large budget deficit this year and a massive $ 1.4 billion budget shortfall next year.
Gov. Lincoln Chafee has said the state, which is facing a $ 117 million budget shortfall next fiscal year, can't rely on those lottery winnings — and, of course, no state can.

Not exact matches

With ISIS continuing to fight, Russia and China throwing their weight around, and budget shortfalls becoming bigger and bigger problems, the Department of Defense will definitely need strong leadership in the form of a commander - in - chief and his political appointees in the months immediately following the inauguration next year.
But Kathleen Wynne's spending binge next week will press the deficit back up to $ 8 billion dollars from the previous balanced budget — Notley, governing a province three times less populous, has had to (gently) scrape its way to an $ 8.8 - billion shortfall.
-LRB-...) Television stations, airports, hospitals, schools, fire brigades and social services from Spain's southernmost tip to the Balearic islands in the east are reducing headcount as Rajoy tasks regions and municipalities with shouldering 60 percent of the cuts needed to reduce the budget shortfall to 2.8 percent of gross domestic product in the next two years.
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.
The state is still facing a projected $ 1.5 billion budget shortfall for the next fiscal year that ends on June 30, 2018.
Gov. Cuomo and lawmakers will have to close at least a $ 1.7 billion shortfall to balance next year's state budget as they faces re-election, according to a financial report released...
Because of this, Mr. Thompson described the relatively small budget shortfalls for the next two years as a «mere illusion.»
Nonetheless, he was still not willing to outline alterations to his own budget to compensate for the potential shortfalls — insisting that Senate Minority Leader Charles Schumer, along with elected officials and activists nationwide, would fight the cuts over the next several months.
Soon after the November 8 election, Malloy's budget office released an estimate showing a $ 1.3 billion shortfall in Connecticut's $ 18 billion budget for next fiscal year.
Of the $ 2 billion that would actually be generated under this plan, $ 0.5 billion would be redirected for offsets to the MTA payroll tax and flood relief, leaving about a $ 2 billion revenue shortfall going into the next year's budget talks.
Next Article» Tompkins Sheriff Faces Budget Shortfall Due to Increased Overtime and Jail Expenses
Figures obtained by BBC Wales show Welsh councils face a combined budget shortfall of # 145m over the next year.
Officials of the Chicago public schools say they'll lay off 500 employees within the next few weeks and another 500 over the next year to help fill a budget shortfall.
Board members in Washington last week for an annual conference said shortfalls in state budgets coupled with pessimistic predictions about local revenues are forcing them to look for ways to trim next year's budgets, which they are working on now.
On top of the turnover in leadership, the district is grappling with the need to close or consolidate schools given declining enrollment while juggling a $ 30 million budget shortfall over the next year.
Rather than admit that he had inherited a $ 3.7 billion budget disaster when he was sworn in as governor, but after four years, had created a $ 5 billion budget shortfall over the next three fiscal years, Malloy resorted to what has become the standard operating procedure for the incumbency parties — he just pretended that reality didn't exist.
Instead, the commission has lurched from one budget shortfall to the next.
Proof of this growing disaster can be found in the reality that as the Malloy administration prepares to propose Connecticut's next state budget, the state is faced with a projected biennial budget shortfall in excess of $ 3.3 billion and growing.
In the next two - year budget cycle, the shortfall is projected to reach $ 97.7 million per year.
The bulk of the aid increase proposed for next year would be split in three ways: $ 408 million to reimburse schools for costs such as transportation, construction and BOCES services; $ 266 million for Foundation Aid, the main source of funding for general school operations; and $ 189 million to partially restore the Gap Elimination Adjustment (GEA), a practice of diverting promised funding from schools that began six years ago to help the state deal with a budget shortfall at that time.
Though course enrollment is about 9,400, state money for the network is not guaranteed next year in light of a state budget shortfall in the billions of dollars.
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.
The CEA's endorsement means that the leadership of all of the major public employee unions in Connecticut have thrown their support behind the candidate who has pledged that he will not propose or accept any tax increase during this second term, despite the fact that Connecticut is facing a $ 4.8 billion budget shortfall over the next three years.While Connecticut's millionaires continue to celebrate the fact that they have been spared the need to «sacrifice» by being required to pay their fair share in taxes, Malloy's policies will ensure massive increases in local property taxes for the middle class and widespread cuts in local education budgets.
Despite getting no help from the state or the teachers union in plugging a $ 480 million budget gap this year, Chicago school officials are relying on the same two uncooperative parties to deal with next year's even bigger budget shortfall.
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