Sentences with phrase «budget surplus on»

So in an era of record ten and twenty billion dollar budget surplus on top of record budget surplus, we are not talking big sums to close this particular divide.
Spending what may well be a one - time budget surplus on hiring «spells financial disaster for every district in the state,» Snell said.
The Conservatives intend to go further by maintaining consolidation for a year longer (through to 2018 - 19) in order to deliver an overall budget surplus on both current and capital accounts.
For the second time three months, Syracuse Mayor Stephanie Miner joined members of Rebuild New York Now in the lobby of Syracuse City Hall to urge state lawmakers to invest part of a $ 5 - plus billion budget surplus on infrastructure.
NYC Mayor Bill de Blasio and Syracuse Mayor Stephanie Miner are set to release a joint statement today calling on Cuomo and the Legislature to use a state budget surplus on a sizable downpayment to meet the terms the nearly decade - old CFE court decision saying the state has shortchanged its schools.
De Blasio and Syracuse Mayor Stephanie Miner are set to release a joint statement Monday calling on Cuomo and the Legislature to use a state budget surplus on a sizable downpayment to meet the terms a nearly decade - old court decision saying the state has shortchanged its schools.
The Victorian government will deliver a healthy $ 1.4 billion budget surplus on Tuesday with big pre-election spending planned on infrastruct...
Impacted struggling currency exchange market by implementing personal sales techniques and innovations, contributing to budget surpluses on a consistent basis.

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.
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.
What did our Government do then, when our budget was in surplus and when few could see dark clouds on the horizon?
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.
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.
The IMF added that if growth was lower than expected or if the Greek government failed to meet targets for running a surplus on its budget excluding interest payments, there would be «significant increases in debt and gross financing needs».
On February 3, 2011, the C.D. Howe Institute released its 2011Shadow Budget [1] entitled A Faster Track to Fiscal Balance, arguing that federal government should undertake aggressive actions to restrain the growth in program expenses in order to achieve a fiscal surpluses one year earlier than forecast in the October 2010 Update [2].
After inheriting a surplus the government immediately cut the GST by two points, and in doing so created a structural deficit and an unsustainable fiscal situation, which then required significant spending cuts in the 2010, 2011 and 20012 budgets in order to put the federal finances back on a sustainable path.
The federal government is on track to achieve its target debt - to - GDP ratio of 25 per cent by 2021, evidenced by projected surplus budgets in the very short term.
The new legislative package, agreed on late Sunday, consists of the pension reform and direct and indirect tax reforms, which will allow the government to achieve some 5.4 billion euro spending cuts and to ensure savings to meet a 3.5 percent budget surplus target by 2018.
The city's Finance Committee has deferred a decision for the time being on what to do with a projected $ 1.1 million budget surplus.
To justify its anticipated borrowings, this report would require the latest budget projections on the deficit / surplus and financial requirements / sources.
On fiscal policy, little needs to be said other than that Australia has a very low underlying budget deficit by world standards and is expecting a surplus next financial year.
This rise partly reversed earlier declines, which had reflected a number of factors: the expected negative impact of the Asian situation on the local economy, associated concerns about the possibility of global deflation, and the projected fall in the stock of bonds on issue reflecting the expected run of Budget surpluses and the proposed sale of the remainder of Telstra.
Even if the government ran a balanced budget or a budget surplus, the Fed would still be able to inflate the money supply (therefore, Mr. Hussman, with whom we agree on nearly everything else in his highly readable weekly comments, is in error on this particular point).
During his tenure as Minister of Finance, he erased Canada's deficit which was the worst of the G7, subsequently recording five consecutive budget surpluses while paying down the national debt and setting Canada's debt - to - GDP ratio on a steady downward track.
«Based on current operating projections, if the State enacts balanced budgets that hold State Operating Funds disbursements to 2 percent, the State will have operating surpluses
«We are pleased the state is in a stronger financial and budget condition, and certainly we will continue to have that view,» DiNapoli said, noting thanks to strong revenues and ongoing financial settlements, New York is on track to end the year with a surplus.
She accepts George Osborne's budget surplus idea and has adopted a clear line on benefit cuts, supporting the Tories» proposed cap of # 23,000 per family.
However, as the governor's footnote indicates, the gaps could be turned into surpluses if spending growth continues to average 2 percent a year, as opposed to the nearly 4 percent average increase that would occur if the budget was on autopilot.
Cuomo in January projected a $ 2 billion surplus by 2016 - 17 — he spoke of achieving this surplus in the present tense — as well as surpluses in coming budget years, as long as the state sticks to a 2 percent cap on spending increases during that time.
An eventual $ 2 billion budget surplus that Cuomo and his aides keep touting will be mostly spent, and is based on unspecified cuts, prompting leading critics to charge the administration is being disingenuous.
There is reason to be skeptical that New York will run a multi-billion dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday by Comptroller Tom DiNapoli's office.
The state Division of Budget on Monday estimated the state will end the current fiscal year with a $ 6.2 billion surplus, according to the first quarter financial plan that outlined the impact of the major windfall financial settlements.
Even though the state is running a multi-billion dollar surplus, Gov. Andrew Cuomo's top budget aide is calling on state agency chiefs to submit spending proposals that assume zero growth next year.
On coming to power in 1997, Labour inherited a small PSNCR of around # 5 billion, and in the following years achieved a budget surplus, by sticking to the outgoing Conservatives» parsimonious spending plans until 1999, and by raising # 22.5 billion from the sale of 3G mobile phone spectrum licences.
Meanwhile, the budget office — an arm of the governor's office — says the state is on track for a budget surplus at the end of the 2016 - 17 fiscal year providing a 2 percent limit on spending is maintained.
New York Governor Andrew Cuomo is taking credit for the state budget's turn around from huge gaps to healthy surpluses, but a watchdog group says Cuomo is relying on future funds that have not yet materialized.
Hempstead Town Supervisor Anthony Santino on Tuesday is to announce a $ 5 million budget surplus that officials are touting as a «turnaround» from what had been a $ 23.5 million deficit.
House Rules Chairman Jose Oliva, a Miami Lakes Republican who will take over as House Speaker after the November elections, said in a text Friday he would support allowing the Joint Legislative Budget Commission to redirect surplus funds «only after all counties had spoken on the question.»
Connecticut Democratic Governor Dannel Malloy announced on Tuesday that the state ended its fiscal year in June with a $ 121.3 million budget surplus.
Even though the city has a budget surplus, the mayor said the city is operating under the premise that it would be on its own if a recession hit.
In a 10 - minute address, he went on to list what he has accomplished since he was first elected in 2005 — lower taxes, a budget surplus, the revival of the waterfront, opening Main Street to traffic, providing 22,000 summer jobs for youth, clearing vacant houses, adopting the Green Code and the boom in building and economic development.
Cuomo is expected to outline his full plans for the surplus during his budget address on January 21st.
Connecticut officials are now projecting that the state will end this fiscal year with a $ 23 million surplus, as stated in a letter sent by Governor Dannel Malloy's budget director to the state comptroller on Friday.
Labour MP Chris Leslie tells Radio 4's Today programme that shadow chancellor John McDonnell must explain his U-turn on Labour's support for government plans to force future governments to keep a budget surplus
I am very proud to tell you that, based on the projected numbers we are seeing as of today, Oneida County will end 2011 under budget, which will mean that in every year of my administration, we have achieved an operating surplus while providing critical services to the people of Oneida County.
Following state Republicans and Gov. Andrew Cuomo's tax commission, the Independent Democratic Conference has put forward its ideas on how to use the projected $ 2 billion budget surplus next year.
De Blasio and Miner are set to release a joint statement today calling on Cuomo and the Legislature to use a state budget surplus to make a sizable down payment to meet the terms of a nearly decade - old court decision saying the state has shortchanged its schools.
ALBANY — Gov. Andrew M. Cuomo on Wednesday proposed using his first substantial budget surplus to fund a $ 154 billion spending plan that includes a $ 2.1 billion increase in school funding over two years and billions of dollars in legacy - building construction projects.
According to the Executive Budget, the future cost of the credit will be covered with surplus funds generated by the state's adherence to the overall 2 percent cap on spending increases in future years.
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