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.
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.
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.
Not exact matches
With these issues in mind, he said he had concerns
over the projected deficits in the Trudeau government's recent
budget, which include a $ 18.1 - billion
shortfall for 2018 - 19.
Government officials in Illinois and other states face a dilemma of
budget shortfalls and the need to feed
over 40,000 prisoners daily.
The EI increases, which were originally expected to funnel an extra $ 15 billion into Ottawa's coffers
over three years, were a key part of Flaherty's strategy to phase out the government's $ 50 - billion - a-year
budget shortfalls.
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 UK should end its involvement in the Airbus A400M military transport programme due to a
budget shortfall and concerns
over viability, a leading expert at the Royal United Services Institute (RUSI) has warned.
The comptroller's office also found NYPA, which takes in $ 2.8 billion in annual revenue, has given the state more than a billion dollars
over the past decade to make up
budget shortfalls.
Combining this loss with reductions in state aid, increasing costs and a
shortfall carried
over from a 2008 restoration that was not continued in successive year
budgets, results in a total recurring
budget shortfall nearing $ 7 million.
Doctor Meldrum added: «Despite the government's pledge to protect the NHS
budget, it would appear that the sums are wrong and there is a now an additional
shortfall of
over # 2 billion.
They'll fight and disagree
over it, but Job One for Cuomo and lawmakers this session will be dealing with a yawning
budget shortfall.
The
budget passed earlier in the year had contained a hole of nearly $ 900 million, and a
shortfall of well
over $ 3 billion was looming for the fiscal year set to start on April 1.
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.
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.
In this economy and with the Legislature meeting in special session
over the
budget shortfall, our people need jobs now,» he said in a statement.
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.
Figures obtained by BBC Wales show Welsh councils face a combined
budget shortfall of # 145m
over the next year.
«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.
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.
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.
Within five years of opening, the school anticipates a
budget shortfall of half a million dollars, an ongoing deficit that will get worse
over time.
In the past, California has been criticized for utilizing borrowing to cover
over budget shortfalls.
Fed up with gaping
budget shortfalls, inadequate education funding and insufficient revenue, the Republicancontrolled Legislature capped months of turmoil by overriding the governor's veto of a bill that would undo some of his tax cuts and raise $ 1.2 billion
over two years.
Over the first two years of the K - 3 Plus program the appropriation stayed constant, but enrollment nearly tripled, leaving districts to cover the
shortfall from their operating
budgets.
The atmospheric research center — facing chronic
budget shortfalls as Congress and the White House have sparred
over spending — has been shedding positions for years and now this modest effort to link climate science to human needs has been cut (saving $ 500,000 out of an $ 88 million annual science
budget)[
budget figure UPDATED from $ 120 million; $ 88 million is for science].
I see that the EU is trying to find a way to maintain funding for the follow - up, ITER in France, after it was discovered that there was a $ 1.4 bn
shortfall in the EU
budget for the programme
over the 2012 - 3 period.
This post goes
over the important of always watching property taxes, and how the the coming economic trends are showing that property taxes will definitely be raised to make up for
shortfalls in city and state
budgets...