* This evaluation is based on a well - established pattern of
budget surpluses at the federal level, except during exceptional circumstances such as the financial crisis, leading to declining government debt and debt ratios since the 1990s
The shift to
budget surpluses at the federal level has raised public saving, so that the US national saving rate has been relatively constant in recent years.
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.
Not exact matches
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.
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.
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.
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.
This is happening around the world, apart from Japan (Graph 10), but Australia has been
at the forefront, with a combination of
budget surpluses and privatisations.
The idea of an independent Parliamentary
Budget Office arose in late 2004 when the final outcome for the
surplus for 2003 - 04 came in
at $ 9.1 billion rather than the estimated $ 1.9 billion provided in the
Budget.
These large discrepancies suggest that the April
Budget forecast of a
surplus of only $ 1.4 billion could be understated by
at least $ 2.5 billion.
As a result, the
budget surplus for 2015 - 16 was not reflective of the economic forecast
at that time.
As such, looking only
at 2014 - 15, a balanced
budget or
surplus is a very distinct possibility.
The deficit for 2016 - 17 is now projected
at $ 18.4 billion, rather than a
surplus of $ 1.7 billion forecast in the April 2015
Budget.
Let's remember that in the May 2006
Budget, the Harper Government proposed to examine the possibility of allocating a portion of any
surplus at year - end larger than $ 3 billion to the Canada Pension Plan and Quebec Pension Plan.
He said Congress should use the reform to close tax loopholes and run
budget surpluses while we are
at some modicum of full employment.
Oyster Bay finance director Robert Darienzo said
at the Feb. 6 meeting that the fee increases would create a
surplus in the town's parking
budget this year that would allow for a tax cut in 2019.
The governor's Division of
Budget is estimating
surpluses if future spending increases are held
at less than 2 percent.
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 millio
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 millio
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 millio
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.
State Comptroller Tom DiNapoli says the $ 5 billion - plus pot of money due to settlements with banks and other financial institutions over alleged wrongdoing in the Wall Street crash should not be looked
at as a
budget surplus.
Budget Director Laurence Soule has indicated that Westchester County will close the 2010 financial year with
at least a $ 60 million dollar
surplus.
Recently, he's appointed a new commission to look
at cutting property and other taxes, and has said the state may have a
budget surplus to pay for them.
The potentially hefty
surplus could set of a rare battle
at the Capitol in next year's
budget debate: What do with money a cash - strapped state hasn't seen in years following the economic downturn of the last decade.
State Comptroller Tom DiNapoli says the $ 5 billion dollar plus pot of money due to settlements with banks and other financial institutions over alleged wrongdoing in the Wall Street crash should not be looked
at as a
budget surplus.
Elizabeth Lynam, with the
budget watchdog group Citizens Budget Commission says the surplus is, at this point, «fictional,» because the money has not actually materialize
budget watchdog group Citizens
Budget Commission says the surplus is, at this point, «fictional,» because the money has not actually materialize
Budget Commission says the
surplus is,
at this point, «fictional,» because the money has not actually materialized yet.
Overall, he insists that the city's
budget cushion — the reserves and
surplus funds
at the beginning of the fiscal year — should be between 12 and 18 percent of city expenditures.
Stringer, testifying
at a joint legislative
budget hearing Tuesday, reiterated his call from 2014 to take $ 40 million a year in
surplus money from the Battery Park City Authority and send it to NYCHA.
However, some
budget experts have questioned whether Cuomo's $ 2 billion projected
budget surplus is attainable as it relies on capping state spending growth
at 2 percent.
The governor's
budget director, Bob Megna, concedes that the $ 2 billion dollar
surplus for 2016 is just a projection
at this point, but he says he believes that it will become a reality, even if the economy goes south.
Demonstrations have been taking place — and will continue to take place —
at schools throughout the city protesting Mayor Michael Bloomberg's insistence that he needs to eliminate 6,000 teaching positions for budgetary reasons despite a $ 3 billion
budget surplus.
«We've gone from a $ 10 billion dollar deficit to a $ 2 billion dollar
surplus,» Cuomo told state lawmakers
at his recent
budget presentation.
Clegg has said that from 2017 - 18 the government should start to raise spending and cut taxes,
at the same time as taking advantage of a growing economy to increase the size of the current
budget surplus.
Town officials said the town was working with an operational
surplus at the end of 2016 because the
budget did not account for an $ 18 million garbage tax judgment from Nassau County and a $ 3.4 million equipment write - off by the town's highway department.
A survey released here
at the annual meeting of the National Conference of State Legislatures reported that revenues flowing to state coffers over the past year almost doubled predictions, allowing most states to close fiscal 1995 with healthy
budget surpluses.
Finances are in good order
at schools managed by the Crescent City charter group, with
surplus funds that can be rolled over into next year's
budgets.
Moore addresses the State
budget surplus, and the proposed 6.2 % pay increase in the current
budget for teachers during a press conference on Tuesday, May 15, 2018
at the Legislative Building in Raleigh, N.C. Robert Willett
(hh) If the unencumbered amount of cumulative
surplus revenue from tuition held by a charter school
at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating
budget and its
budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.
On the other hand, if I'm frugal with my money and find a way to reduce my monthly food and household spending, that part of my
budget is going to have a
surplus at the end of the month.
The board's policy demands a balance of
at least $ 150,000
at all times in the special fund, so the it had to go to the city for permission to transfer $ 480,000 out of its 2011 operating
budget surplus to cover the remaining costs of the review.
A
budget surplus of $ 13.6 billion as
at 30 June 2005
at the federal level suggests that resource availability is not the issue.
A federal
budget surplus of $ 13.6 billion (as
at 30 June 2005) suggests that resource availability is not the issue.