Sentences with phrase «current budget surplus»

That solution would cost about 17 percent of the total current budget surplus.

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.

Osborne has gone a step further than the Liberal Democrats and Labour by swapping his aim of a current budget surplus, which excludes investment spending, to an overall budget balance.

Not exact matches

«The U.S. has neither the current account surplus or budget surplus that a true safe haven would demand,» Foley explained.

The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.

The projected surplus for next year has doubled, and the current budget will all but balance.

We have not included the April 2015 Budget / Parliamentary Budget Officer's forecasts of the surplus over the next four years, given the uncertainties with respect to the current economic environment.

This means that over the balance of the current fiscal year, the government only needs to post a surplus of $ 3.3 billion in order to balance the budget in 2014 - 15.

While the park district budget will be $ 38 million higher than in 1985, the tax burden will be reduced by a $ 29 million surplus carry - over from the present year and from $ 28 million in expenditures from bond issues which will not affect the current tax levy.

«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.»

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.

So far, Labour has simply said it would match current government spending plans in 2015 - 16, but has not said if it would seek to eradicate the deficit by 2017 - 18, let alone put the budget into total surplus through the parliament.

The UK is now running a surplus of # 3.8 bn in its current budget - the money borrowed to fund day - to - day spending rather than long - term investment - according to the Office for National Statistics figures.

NYC is poised to end the current fiscal year with a $ 744 million surplus, a report from the city's Independent Budget Office revealed.

After you subtract $ 23 million for the current fiscal year (a number that does not, for the record, fit with state Comptroller Tom DiNapoli's projection of an up to $ 1 billion hole in the current budget), that leaves a two - year General Fund surplus of $ 415 million.

While the $ 11.5 billion 15 - month budget gap that New York State faced in January 2003 and the current $ 2 + billion surplus are not exactly comparable, the turnaround in the state's finances in significant.

The city budget is awash in cash, with Mayor de Blasio poised to end the current fiscal year with a $ 744 million surplus, a report from the city's Independent Budget Office revealed Tubudget is awash in cash, with Mayor de Blasio poised to end the current fiscal year with a $ 744 million surplus, a report from the city's Independent Budget Office revealed TuBudget Office revealed Tuesday.

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.

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

With about 200 new agents joining the Toronto Real Estate Board (TREB) every month during the current real estate boom, the membership has voted to adopt a deficit budget to whittle down surplus funds.