Sentences with phrase «cost to the public treasury»

But at what cost to the public treasury, and at what burden to the local taxpayer?
While the additional jobs are a boost for the local economy, their cost to the public treasury has not yet been calculated — or at least disclosed.

Not exact matches

Last year, Ontario imposed a contract on public - school teachers that eliminated bankable sick days, while back in June, Treasury Board president Tony Clement vowed to fight federal employee absenteeism, which he said was costing taxpayers millions.
Even so, as long as the yield on the preferred is higher than the Treasury's funding costs, the favorable terms will represent an insufficient risk premium but not a loss to the public.
Deplore as we may the existence of the parochial school, its challenge to the separation of church and state, and its attempted inroads on the public treasury, the fact remains that parochial schools exist primarily because Catholic parents, who pay their public - school taxes, think it worth while to submit to additional cost and often to much inconvenience to see to it that their children receive the religious instruction denied them in the public schools.
Rather than a big bang, however, it is going to be a slower transition, as there will be no public money to pay the growers to pull out their vines — a process costing about $ 3000 a hectare — and will only happen as large producers such as Treasury Wine Estates, Accolade Wines and Pernod Ricard buy fewer grapes, he said.
But the IEA's new priorities — aggressively paying down public debt, cutting taxes on the better - off, leaving the EU, relaxing planning laws to promote housebuilding, paving over the railways and tackling the «cost of living crisis» through lower excise duties — can expect a more lukewarm response from the re-installed treasury team.
At every turn — the Government publication of a public information leaflet, the launch of Treasury data on the cost of Brexit, the need to register a website, all appear to catch the Brexit team off guard.
Space limits an extended discussion here, but we note two conclusions from a 2012 article by Economic Policy Institute researcher Monique Morrissey, who explains that «the logical implication of Richwine and Biggs's [pension] position is that public employers and taxpayers would be indifferent between current pension funding practices and investing in Treasury securities, even though this would triple the cost of pension benefits» and that R & B «selectively alternate between the cost of benefits to employers and the value to workers, and inappropriately equate the latter with the often much higher cost to individuals of obtaining equivalent benefits.»
It does so by estimating the number of students who would migrate from public to independent schools as a result of lower effective tuition costs, and then calculating the impact that such migration would have on both districts and the state treasury.
The downgrade could add up to 0.7 of a percentage point to Treasuries» yields over time, increasing funding costs for public debt by some $ 100 billion, according to SIFMA, a U.S. securities industry trade group.
Further, the Treasury Department projects that between 2018 and 2026, the cumulative cost of the deduction will be slightly less than $ 20 billion, roughly comparable to that of the Public Service Loan Forgiveness Program, which provides loan forgiveness after 10 years for borrowers working in public service and was targeted for elimination in President Donald Trump's proposed bPublic Service Loan Forgiveness Program, which provides loan forgiveness after 10 years for borrowers working in public service and was targeted for elimination in President Donald Trump's proposed bpublic service and was targeted for elimination in President Donald Trump's proposed budget.
Treasury Board President Tony Clement, who has sparked a war with public sector unions in his quest to cut costs, has outlined proposed changes to sick leave policy, which would include five to seven sick days a year, a short - term disability leave of a week to six months and long - term leave for more than six months.
The changes would also cost about $ 260 million a year from the public treasury to help offset the additional financial burden that expansion would eventually place on low - income earners.
Part of a larger bill called the National Defense Authorization Act (NDAA), the Modernizing Government Technology Act (MGT) will allow the public sector to redirect cost savings (which normally must be returned to the Treasury Department) into internal working capital funds that can be used to upgrade their IT systems.
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