Sentences with phrase «dollar shortfall»

This makes a $ 1.5 billion dollar shortfall for the year in 2007.

Twice in recent days he's said there could be a multi-billion dollar shortfall in the budget next year.

For example, a teacher in Iowa, a state with strong fiscal health and a substantial surplus, recently discovered that her pension contributions were recently raised to cover a multi-billion dollar shortfall in the state's teacher pension fund.

With the city facing a multibillion dollar shortfall — and the Bloomberg administration demanding further cuts, the United Federation of Teachers went on the offense today, with a study it says shows that fiscal constraints already have taken a toll on the city's more than 1.1 million students.

Twice in recent days he's said there could be a multibillion - dollar shortfall in the budget next year.

Chris Duggan represents the Brotherhood of Carpenters: «While 25 point 8 billion was proposed by New York State D.O.T., only 19 billion was approved for the 2010 - 2015 5 - year capital plan, which leaves a 6 point 8 billion dollar shortfall for the repair of roads and bridges.

State pension funds, facing a potential multitrillion - dollar shortfall, find themselves in the center of a four - way battle: Employees and retirees expect to be paid their promised benefits; the pension systems have clear obligations but may not have the resources to pay them; politicians are looking for ways to resolve the underfunding and balance the burden among retirees and workers; and state taxpayers, challenged to provide for their own retirements, resent the additional tax load.

He spoke out against the City's proposed taxi medallion sale, which Halloran pointed out violated the State Constitution and now jeopardizes the NYC Budget revenue projections with a $ 1.5 billion dollar shortfall.

WILLIAMSBURG — The $ 160 million dollar deal finalized Wednesday for the last piece of land needed to complete the 27 - acre Bushwick Inlet Park nearly collapsed at the last minute over a misunderstanding with the Brooklyn Borough President's office and a million dollar shortfall, officials familiar with negotiations said.

«To say that the MTA's 14 billion dollar shortfall is extremely alarming would be an understatement,» he said in a statement.

Also, The State budget faces between a 4 to 6 Billion Dollar Shortfall, it is due on April 1st.

Now Chicago schools are carrying the burden of a $ 1.1 billion budget shortfall — in addition to a multibillion - dollar shortfall in the pension fund.

The Albany School District is looking to the state to fill a 1.8 million dollar shortfall.