While a boom in tourism can be great
for city revenue, it can also lead to an increase in personal injury accidents.
In fiscal 2015, the first full budget year for the new mayor, the deficit was put at $ 1.7 billion, or 3.1 percent of
expected city revenues of $ 72 billion.
A cap just like the statewide one would cost about $ 1 billion a year in
lost city revenue.
While the mayor cited a booming economy, that's not necessarily translating into
booming city revenue.
The budget also includes a hike in water rates of $ 1.95 per unit, which is projected to
increase city revenue by $ 1.3 million.
A study Liu commissioned on marijuana economics in New York found that legalizing the possession of one ounce of weed could increase
city revenue by $ 400 million.
The Council said that while the city's debt issuance remains well below the constitutional limit of $ 98.2 billion, there are several factors that should be monitored since the city's debt service is projected to rise as a percentage
of city revenues.
Mayor Bill de Blasio revealed Thursday that the federal tax reform
boosted city revenues by an unexpected $ 1 billion this year.
«Annual pension contributions for New York City have increased significantly in recent years, with pensions reaching 10.4 % of the city's revenues in 2015 from less than 3 % in 2001, even with
city revenues rising at a compound average rate of 5 % in that period,» the report found.
P4T is joining with community groups and the CTU to push the mayor to
tap city revenues to keep schools open through June.
While the Campaign for Fiscal Equity lawsuit was supposed to give the city its fair share of education aid, Walcott
said city revenue would cover 61 percent of non-federal education spending in next year's budget.
You clearly do nt know anything about arsenals financial situation if you
believe cities revenue will overtake arsenals.
If their time expires, the Chicago Police Department can write $ 50 tickets, Park District and
city revenue officials said.
Mr. Fuleihan is the man responsible for laying out the city budget — balancing the mayor's feel - good promises of progressive visions and honesty with hard numbers, plans for agency budget reductions, and tough - to -
anticipate city revenue.
The budget consultant suggests in the email that the city exclude water fees and Albany County tax revenues collected by the city «under the rationale that these are
not city revenues and are effectively «encumbered»» in dialogue with state officials.
The mayor also plans to increase
city revenue through the enforcement of existing ordinances, such as housing code violations.
With new money coming from the state and an
improving city revenue picture, the Department of Education must finally start rebuilding ravaged school budgets, UFT President Michael Mulgrew told the City Council on March 27.
«We haven't seen a lot of big ideas coming out of the de Blasio administration over the past four years, and when there are some ideas, they typically don't have a funding plan,» said Tolkin, an entrepreneur with a $ 25 billion transit plan and a for - profit business model to
raise city revenue.
But his efforts in Albany to roll back our rights were rebuffed time and again, and his claim that he has no choice but to lay off teachers has been exposed as false
as city revenue continues to rebound and the surplus continues to grow.
The whole point of defeating the outrageous Measure B and supporting Measure C is to protect city revenue
Bingham
saw City revenues rise by 11 % during the last calendar year to $ 54.7 m (# 36.6 m) compared with $ 49.1 m (# 32.9 m) in 2011, with around 50 lawyers clocking up average revenue per lawyer of $ 1.158 m (# 776,000), compared to firmwide revenue per lawyer of $ 969,000 (# 649,800).
In Longmont, city officials said the loss of Sports Authority should not further jeopardize the new Village at the Peaks development, which this year needed to dip
into city revenue sources to cover a debt payment for the site's public improvements following Whole Foods Market's decision to delay its store opening 11 months.
This new campus will have a huge impact on business recruitment, public space, and particularly
on city revenue.»
«While strong economic growth has
boosted city revenues, Mayor de Blasio continues to grapple with ongoing structural deficits and labor contracts that have remained unsettled for far too long,» DiNapoli said.
Enough of the blame game — With a June 1 school shutdown looming, P4T is joining other parent and community groups calling on the mayor to
tap city revenues to keep schools open.
These budget gaps are larger than the gaps projected by the city in February 2014, but significantly smaller than the historical average over the past 34 years when measured as a share
of city revenue.
A majority — 53 % — of registered New York City voters disapprove of Mayor Michael Bloomberg's proposal to increase the city's sales tax to 8.875 % while 42 % approve of the idea to
increase city revenues this way.
He emphasized the policy merits: Bloomberg's plan, hammered out with the state legislature and Governor Cuomo, could add $ 1 billion to
city revenues.
These include the preliminary budget proposal, the executive budget proposal and the final adopted budget, each of which contain hundreds of pages with detailed breakdowns of agency spending and
city revenues.
From there, they conspire to spread the bug around town, and soon the frazzled mayor is worried about the loss of
city revenue (reduced smoking and drinking mean less sales tax, you see).
Investors consider risks like fluctuating prices, reliability of
city revenue, or inflation eroding the value.
The results mean that since 2009,
City revenue has increased 36 %.
Weil's
City revenue increase outpaces firmwide result as Debevoise sees single digit increases in global revenue and PEP
The firm, which in previous years has declined to reveal London figures, confirmed its 2015
City revenue was $ 40.9 m (# 32.7 m).