Sentences with phrase «deficit budget»
A deficit budget refers to a financial plan where the government or organization spends more money than it takes in through income and taxes. It results in a deficit or shortfall, which might require borrowing or increasing debt to cover the expenses. Full definition
Next deficit budget hike fees as one - yr special assessment — the place will be packed!
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The motion also gave the NAHT executive the right to encourage its members to take other steps, such as running deficit budgets in schools or refusing to file budgets to local authorities.
County economic difficulties from last year, and deficit budgeting for this current year, have not simply disappeared.
Despite years of economic prosperity, the PCs have run deficit budgets since 2008 and do not appear to have planned for any economic downturns (even though the price of oil has always been cyclical in nature).
But the Alberta government's eighth consecutive deficit budget is ``... hardly sky is falling territory,» wrote University of Calgary economist Trevor Tombe in Maclean's Magazine this week.
The majority of privately run schools, including charter schools, operated with deficit budgets in recent years and / or violated such public - accountability measures as the Open Meetings Act and Freedom of Information Act.
Stephen Poloz has already laid the groundwork for a Trudeau - Morneau deficit budget.
They will be sure to remind their conservative base about Mr. Leipert's record as the Health minister who created the centralized Alberta Health Services and the Finance minister who introduced deficit budgets and talked about increasing taxes.
That's doesn't include Obama's first year deficit budget, which was a carry over deficit from W's last year in office and was over by $ 1.3 Trillion and the debt ceiling was raised.
Read below: POOR BUDGET PRACTICES HURTING ROCKLAND COUNTY County Has Incurred Large Debt and General Fund Deficit Budgeting practices by Rockland County have left it with an accumulated deficit of more than -LSB-...]
«I have proven that this man had nothing to do with reducing the municipal deficit budget,» Porette said.
«Nigeria's poverty level becoming worrisome, according to Ben Akabueze Director General Budget Office, Nigeria's highly embarrassing financial fiscal deficit budgets, in 2017 in particular, the nation spent N2.14 trillion Naira more than N2.12 trillion she earned i.e. Nigeria borrowing 50 percent of her earnings.
The TES report revealed that the chain has paid its interim chief executive more than # 82,000 for 15 weeks» work, despite the fact it was facing a large deficit budget.
In both cases, Conservative parties were defeated by parties promising moderate progressive platforms that included tax increases and significant increases to public infrastructure investment and explicit commitments to run deficit budgets, for at least the short - term period in the case of the NDP.
After five consecutive deficit budgets and with a sixth looming, Alberta risks losing its distinction as the only debt - free province.
«The only way we can buy down the surplus is with deficit budgeting,» said Commissioner Steven Polit.
She also said the town may have to pursue a deficit budgeting model in the future.
Even Hein's Republican opponent apparently missed that report, in which fellow Democrat Auerbach wrote, «At the close of 2015, the county will have nearly tripled (his emphasis) the level of fiscal stress from the prior year due to deficit budgeting and decreasing fund - balance levels.
Governor Bruce Rauner said such a deficit budget was unacceptable and proposed some $ 400 million in cuts to dozens of state agencies and programs.
Almost three - quarters (71 per cent) are expecting to have to set a deficit budget in the next financial year and 79 per cent are expecting a deficit budget for the following year 2019/20.
Seventy - one per cent expect to set a deficit budget in the next financial year and 79 per cent expect a deficit budget in 2019 - 20.
A Department for Education spokesperson said: «Where the board of an academy is proposing to set a deficit budget for the current financial year, it must notify the EFA.
«Where the board of an academy is proposing to set a deficit budget for the current financial year, it must notify the Education Funding Agency (EFA).
When an academy is unable to set a balanced budget, ESFA must be notified within 14 days of the proposal to set a deficit budget.
This does not attract any extra funding; it is simply permission to set a deficit budget (which would otherwise be illegal) until it can be brought into balance.
A lot of people are running a deficit budget and wondering why things aren't moving.
We have been running the environmental equivalent of a deficit budget, which is sustained only by plundering our capital base, he writes.
We also put in a whole series of financial controls at the same time: if we're going to run a deficit budget, it must be approved by the membership; if we're going to make major expenditures beyond half a million dollars and the finance committee and the board don't agree, that has to go to the membership.
Canadian governments, for the most part, have reigned in their deficit budgets.
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.
The deficit budget means that TREB members will see a dues reduction of $ 50 each this year, and an additional one - time «dues holiday» of $ 50.