Sentences with phrase «cost cities billions»

Officials and housing advocates have criticized the governor's proposal for costing the city billions of dollars.
A de Blasio spokesperson said Flanagan's proposal «would add an arbitrary, unnecessary and restrictive cap to the New York City property tax code — which already has a number of existing caps — and cost the city billions, resulting in severe cuts to vital services such as public safety and education.»
The city opposes the measure, with a de Blasio spokeswoman saying it would «cost the city billions, resulting in severe cuts to vital services such as public safety and education.»
While advocates have long maintained it isn't right for the city to subsidize poverty - level wages, the Bloomberg administration had threatened efforts to force higher wages would cost the city billions of dollars in investment and tens of thousands of jobs.

Not exact matches

More from Personal Finance: «Vacation guilt» costs workers $ 66.4 billion in lost benefits These cities are best (and worst) for drivers The best time to book holiday travel
If detonated in a city center or busy port, the aftermath of a dirty bomb would cost billions, shut down an area, and subject an unlucky few to the agonizing complications of having been exposed to radiation.
Three LNG plants with a capital cost of $ 20 billion are proposed for the city.
Making sustainability a de facto policy for U.S. cities would be a cost - effective design solution that could save millions, and even billions, of dollars, according to a new study.
More from Personal Finance: These are the best and worst airlines and airports for holiday travel «Vacation guilt» costs workers $ 66.4 billion in lost benefits These cities are best (and worst) for drivers
The report estimates that if hackers took control of the power grid from New York City to Washington, D.C., the damage could total $ 20 billion to $ 70 billion and cost the economy from $ 243 billion to $ 1 trillion.
The New York City company had a lousy 2013, thanks to lower metal prices and higher manufacturing costs, which added up to a loss of $ 2.3 billion and the number four spot on the «Fortune 500: 20 companies that lost the most» list in 2014.
The estimated cost of the 330,000 square - meter Nitsba City project, modelled on Airport City, is NIS 1.8 billion.
Add these hidden costs of lost productivity (Chicago: US$ 1.3 billion) to the figures of wasted gas and time (Chicago: US$ 4.3 billion), and the city totals get very large, very fast.
Sure Shanghai is not the only Chinese city that planned or have installed huge number of surveillance cameras, according to a 2011 Chinanews.com report, the southwestern city of Chongqing had set a goal to install a half - million cameras by the end of 2012 at a cost of 20 billion RMB.
Also included are the risk allowances, overhead costs, and the $ 3 billion, equivalent to $ 3.3 billion cost of building of what would be the longest marine tunnel in the world to connect the two European cities.
Kidney elaborates: «If India built a new sustainable and climate - resilient city out of Hyderabad it's going to a cost a billion dollars or maybe 5 billion dollars.
The city of Tallahassee estimated that it would cost $ 2 billion to bury its lines.
Even in a small city, the cost to pull this off would top hundreds of billions of dollars.
All known factors & risks when the city approved the project and funding plan, and all much less painful than asking taxpayers to fund a billion dollar arena on top of all of these costs.
That's the latest estimate of the cost of the Sochi Games, up from $ 12 billion, the figure the president cited in Guatemala City.
It might not quite be good enough to match Manchester City, but they are a team which cost a billion quid, containing the majority of the «most expensive footballers» in their position to ever play in England.
The de Blasio administration warns that a plan by Cuomo to divert a portion of new city property taxes to the MTA to help fund mass transit improvements would cost the city $ 290 billion over 35 years.
In testimony before the Board, NYC Comptroller Scott Stringer applauded de Blasio for saving billions of dollars in reserves and accounting for the multi-billion-dollar cost of settling New York City's open labor contracts.
Taxpayers» share of city pension costs has skyrocketed more than 900 percent in the last decade — from $ 703.1 million in 2000 to $ 6.5 billion in 2009, according to the NYC comptroller's office.
The expiration of mayoral control of city schools could cost the city up to $ 1.6 billion over 10 years — and the city would go after the state for the bill, according to a memo from de Blasio administration officials.
De Blasio also released an updated 10 - year construction plan for the city that adds roughly $ 6 billion in new costs he described as «crucial» to maintaining the city's infrastructure needs.
Crippling congestion in New York City is costing the metropolitan area $ 20 billion a year, according to a report issued Wednesday from the Partnership of New York City, which has representation on Cuomo's Fix NYC panel.
The city's Independent Budget Office projects shelter costs in the city to reach nearly $ 1.7 billion in 2017, up 20 percent from 2016.
As mayors prepared to make their case, the state School Boards Association released a survey that found work force costs in schools outside the state's major cities are on track to grow an average of more than $ 1 billion annually by the 2013 - 14 school year; revenues under a tax cap, however, would grow only $ 229 million per year through 2013 - 14, on average.
On Monday, de Blasio said reconstituting the Board of Ed and its 32 local school boards could cost city taxpayers $ 1.6 billion over the next 10 years.
Tax - funded public - pension costs for every level of state government rose from absolutely minimal levels in 2000 to a grand total of more than $ 16 billion last year, half of it in New York City alone.
Congressmen Chris Collins and John Faso support a plan that would require New York state to take over the counties» share of Medicaid costs, outside of New York City, worth about $ 2.3 billion.
The New York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension sysCity bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension syscity taxpayers in the next four years, adding billions in liabilities to an already under - funded pension system.
A plan to offer a $ 7.6 billion subsidy to the company controlling most of New York's nuclear power plants will cost the City Of Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green Economy.
[139] The Hope City project is expected to be completed in 2016 and is estimated to cost $ US 10 billion in construction; [139] and one of its towers will become Africa's tallest building.
The total $ 41.1 billion cost would include an $ 8.2 billion city investment in the form of funding, tax incentives, and other investments, with the rest paid for with state, federal and private funding.
Questions during the post-speech «gaggle» included the cost of a special election, his reaction to a New York Republican Party 50 Shades of Grey parody of Bill de Blasio and Al Sharpton, Rudy Giuliani's recent comments about Barack Obama, the expected Republican candidate in the 11th Congressional District special election, state legislature financial disclosure forms, the refusal of Port Authority commissioners to accede to Cuomo and Chris Christie's request to resign, his planned trip to Cuba, congestion pricing, and UFT comments asserting that the governor has shortchanged New York City schools by $ 2.5 billion.
Critics note that the current program only requires developers to include affordable units if their buildings are in the «Geographic Exclusion Area» covering less than 17 percent of the five boroughs, and that it costs the city upwards of $ 1.1 billion in foregone revenues.
Thus the new budget manipulates future aid formulas in a way that one advocate says will cost city charters some $ 1.7 billion over the next several years.
Backers of the fee note that New Yorkers consume 9 billion disposable bags a year, which clutter parks, cling to trees, accrue into islands in the world's oceans, strangle marine life and cost the city sanitation system an estimated $ 12.5 million annually to process.
In a recent study, the Partnership for New York City found that congestion costs the city $ 20 billion annually in lost time and revenue; if nothing is done to «discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day,» that'll be a staggering hit of $ 100 billion to the city economy over the next five yeCity found that congestion costs the city $ 20 billion annually in lost time and revenue; if nothing is done to «discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day,» that'll be a staggering hit of $ 100 billion to the city economy over the next five yecity $ 20 billion annually in lost time and revenue; if nothing is done to «discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day,» that'll be a staggering hit of $ 100 billion to the city economy over the next five yecity economy over the next five years.
New York City's pension costs will reach nearly $ 8.8 billion in the coming 2016 fiscal year — more than double the 2006 level and nearly eight times the 2001 amount.
Mayor Bloomberg's successor at City Hall could be left with billions of dollars in budget - busting costs to settle contracts with municipal unions.
The concern comes as Gov. Andrew Cuomo's administration has agreed to have the state fully fund the City University of New York in the $ 154 billion budget after initially proposing the city take on $ 485 million in coCity University of New York in the $ 154 billion budget after initially proposing the city take on $ 485 million in cocity take on $ 485 million in costs.
The mayor mentioned when he first took office in 2002, the City's costs came to $ 1.5 billion.
It will cost you — your city will still have to spend millions of your tax dollars to dispose of 10 billion bags a year.
Speaking before the City Council on Wednesday, vice chancellor for finance Matthew Sapienza said it would be «unfathomable» not to have the nearly half - billion dollars, which represents 30 percent of the system's senior colleges operating and debt service costs.
Aides to Collins said he opted not to try to apply that provision to New York City because of the huge financial hit the state would take if it suddenly was forced to pick up the city's $ 5 billion in Medicaid coCity because of the huge financial hit the state would take if it suddenly was forced to pick up the city's $ 5 billion in Medicaid cocity's $ 5 billion in Medicaid costs.
Bloomberg and the Citizens Budget Commission say full retroactive wages would cost the city more than $ 7 billion.
She also called for more aggressive oversight of all city contracts, which are now costing the city more than $ 10 billion.
a b c d e f g h i j k l m n o p q r s t u v w x y z