Sentences with phrase «budget surplus of»

A federal budget surplus of $ 13.6 billion (as at 30 June 2005) suggests that resource availability is not the issue.

A budget surplus of $ 13.6 billion as at 30 June 2005 at the federal level suggests that resource availability is not the issue.

Despite a projected budget surplus of nearly $ 900 million, there is no new funding for legal aid services in the province.

He said he assumed the office when the county faced a $ 40 million budget gap, then turned the «grim» situation into three straight budgets under the mandated state tax cap, built a budget surplus of more than $ 18 million this year, replenishing the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the state.

The governor, regarded by some analysts as a possible presidential hopeful for the Democrats, was keen to stress his credentials as a strong fiscal manager, projecting a budget surplus of $ 2 billion in fiscal year 2016 - 2017 compared with a deficit of $ 10 billion when he took office three years ago.

Mulgrew told lawmakers that payment of the CFE lawsuit should have been a priority of the governor's, considering that there is a budget surplus of more than $ 5 billion.

Facing a $ 40 million budget gap he turned this «grim» situation into 3 straight budgets under the mandated state tax cap, building a budget surplus of over $ 18 million this year, replenishing the fund balance to $ 40 million, and improving the county's bond rating to among the highest in the State.

Facing a $ 40 million budget gap he turned this «grim» situation into 3 consecutive budgets under the mandated state tax cap, built a budget surplus of over $ 18 million this year, replenished the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the State.

Facing a $ 40 million budget gap he turned this «grim» situation into 3 straight budgets under the mandated state tax cap, building a budget surplus of over $ 18 million this year, replenishing the fund balance to $ 40 million, improving the county's bond rating to among the highest in the State.

Facing a $ 40 million budget gap he turned this «grim» situation into 3 straight budgets under the mandated state tax cap, built a budget surplus of over $ 18 million this year, replenished the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the State.

This left an adopted budget surplus of $ 2.9 Million even though revenue was down an estimated $ 5 Million.

Faced with a $ 40 million budget gap, he turned this «grim» situation into 3 straight budgets under the mandated state tax cap, built a budget surplus of over $ 18 million this year, replenished the fund balance to $ 40 million, and improved the county's bond rating to among the highest in the State.

The latest TfL accounts for the full financial year 2011/12 show a budget surplus of # 759 million.

Heathrow Express workers: # 700 Network Rail: # 500 Docklands Light Railway: # 900 Virgin Rail: # 500 London Overground: # 600 London Underground: At least # 850 BAA staff: up to # 1,200 London Underground maintenance workers at Tube Lines: # 850 London Overground maintenance workers employed by Bombardier: # 650 Workers at the mayor of London's bike scheme: # 500 The latest TfL accounts for the full financial year 2011/12 show a budget surplus of # 759 million.

The statistics office also said that the public sector, which includes the federal government, regional states, municipalities and social funds, posted a record budget surplus of 38.4 billion euros, or 1.2 percent of GDP, in 2017.

The March 2012 Budget surplus of $ 7.8 billion in 2016 - 17 is now reduced to only $ 1.7 billion.

In the more realistic case that growth is 1pc lower than forecast, but is coupled with an ambitious budget surplus of around 2.5 pc of GDP, Greece would still require a total write - off of its entire first bail - out package worth $ 53.1 bn.

By the time Martin recorded a «surprise» budget surplus of $ 20 billion in 2001, the opposition parties and the public had stopped giving the Liberals the benefit of the doubt.

Unlike the Euro - PIIGS who are mired in debt, Brazil is running budget surpluses of about 3 % of GDP.

Bush's decision to sign the bill damaged his standing with conservatives, but it also laid the groundwork for the budget surpluses of the late 1990s.

Not exact matches

Personal income tax will hit a 20 - year high of 12.5 per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.

In his first term, Bush won passage of tax cuts that helped swing the federal budget from surpluses to deficits.

Shortly before leaving office, George Osborne abandoned the government's target of running a budget surplus by 2020, blaming the uncertainty surrounding Britain's shock decision to leave the European Union.

Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion as a contingency reserve, giving the federal government a $ 2.4 billion margin for error.

On his Twitter page, Ernie pointed out that seemingly reasonable assumptions back at the time of the January 2001 surplus celebration would have added up to a $ 15 trillion cumulative budget surplus through 2028.

Moreover, the admittedly quite uncertain long - term budget exercises released by the CBO last October maintain an implicit on - budget surplus under baseline assumptions well past 2030 despite the budgetary pressures from the aging of the baby - boom generation, especially on the major health programs.

Italy is now running a primary budget surplus with a stock of debt that, according to Ugo Panizza of the Graduate Institute of International and Development Studies, could easily be restructured:

However, even in the absence of that one - time boost, the projected trajectory of revenues is such that by 2015 - 16 the budget should generate a surplus of over $ 700 million.

Much has been made of the manoeuvres in Budget 2015 needed to ensure a small surplus.

Through a combination of $ 1 billion from the sale of GM shares, a $ 2 billion reduction in the contingency fund and $ 1.8 billion taken out of Employment Insurance (a holdover from Budget 2014), the federal government was able to turn a modest deficit into a $ 1.4 billion surplus.

Cabrera, who left the school to become president of George Mason University in July 2012, told the school archivist during an oral history interview that the school was reporting an annual budget surplus despite the collapse of the economy in 2009 and 2010.

Unless you have overwhelming proof that your audience primarily uses iPhones (or you have a surplus of funding), it's more prudent to target Android first, especially on a modest budget.

Greece has committed to attaining a primary budget surplus — excluding debt servicing costs — of 3.5 % of economic output by 2018 as part of its third bailout package since 2010.

As the latest Annual Report from the Bank of International Settlements states: «In most advanced economies, the fiscal budget excluding interest payments would need 20 consecutive years of surpluses exceeding 2 % of GDP just to bring the debt - to - GDP ratio back to its pre-crisis level.»

In normal circumstances he believed in a balanced budget and maybe a bit of a surplus for bad times but what he believed was fatal to a nation was running deficit trade imbalances.

The budget predicted the fiscal year would end with a thin surplus of $ 197 million, a feat that would be achieved by reducing expenditure growth, raising taxes and selling off more than 100 assets determined to be surplus.

Despite the fact that economic growth for this year is now forecast to be substantially lower than that expected at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.

The inadequate level of «risk adjustment» in the forecast seriously undermines the «credibility» of the latest fiscal update as a basis for budget planning and the ability to claim a budgetary surplus over the medium term.

The federal NDP adopted its balanced - budget policy during the same era of budget surpluses.

The Vancouver Board of Trade, representing thousands of businesses in British Columbia, has assigned an overall grade of «B +» to Economic Action Plan 2014, based on strong progress towards a surplus budget and overall focus on fiscal prudence.

Along with spending and capital contingencies and the planned surplus, the budget had over $ 1 billion of what she characterized as «prudence» and others might call wiggle room.

In last April's Budget, Mr. Oliver forecast a surplus of $ 1.4 billion for 2015 - 16.

The likelihood of a surplus for 2014 - 15 is further enhanced by our expectation that the final results for 2013 - 14, which will be released in late September / early October, will show a deficit of around $ 10 billion substantially lower than the $ 16.6 billion forecast in the February 2014 Budget.

They can not blame external economic developments for the «unexpected» slowdown in the economy and the elimination of the surplus this year since these same external economic conditions existed at the time of the April budget.

Instead of savings of $ 8.6 billion in 2015 - 16, we believe that their initiatives would yield only $ 3.8 billion, insufficient to achieve a budget surplus.

Adding this to the remaining budget surplus leaves total available funds of $ 2.6 billion in 2015 - 16, rising to $ 11 billion in 2019 - 20.

As the president's last budget director, he helped engineer the only federal surplus to be recorded over a span of almost 40 years.

The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.

In the 2014 budget, it was clear that even with the freezing of the EI rate at $ 1.88, excess EI revenues would account for much of the projected surpluses and that the EI premium rate would have to be reduced significantly in 2017.

Despite the unforeseen fall in oil prices in 2014, the Conservative government, with a lot of slight of hand (reduction in contingency reserve, selling GM shares at fire sale prices, optimistic economic and oil price assumptions), produced a budget that financed all of its pre-election promises, while still leaving a surplus of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.