The Spanish club are currently suffering a financial crisis after revealing that they are almost # 15million in debt, and
facing years of budget cuts after gambles by the club's owners.
Not exact matches
Despite severe cost
cutting, scores
of layoffs and wholesale restructuring last
year, Chicago Public Schools
faces a
budget deficit estimated at $ 600 million to $ 700 million in 2013, with the cost
of a longer school day still unknown, officials said.
A one -
year 2.9 % as opposed to 5.9 %
budget increase, though important in
face of budget cuts at home, is pocket change in comparison to what Cameron could have achieved with the leverage that suddenly was handed him.»
This report acknowledges that the transport
budget is likely to
face some substantial
cuts in the next few
years with one projection
of # 29billion
cuts over the next ten
years.
The Welsh health
budget is
facing record breaking
cuts of over half a billion pounds during the next three
years.
«The fundamental questions we
face now — is it right to be
cutting billions
of pounds from public services and taking billions
of pounds out
of family
budgets this financial
year and next?
Facing a revenue slowdown and a growing deficit, Gov. Andrew Cuomo is directing state agencies to gird for another round
of spending
cuts in his executive
budget proposal next
year.
«I'm pleased to present a proposed
budget that demonstrates my administration's effort to stabilize county finances, ensure our county safety and our vibrancy,» said McCoy, a Democrat, who hails the $ 679 million spending plan as one that builds on the county's «sound» fiscal practices while keeping county spending under the state - mandated tax cap for the fifth
year in a row,»... despite the continuous pressures
of unfunded mandates and the real
cuts we
face in 2018 for state aid and programs such as foster care.»
The city Department
of Education could be
facing a loss
of more than 6,100 teaching jobs in the coming fiscal
years under Mayor Michael Bloomberg's latest financial plan calling for an additional $ 1.6 billion in agency
budget cuts.
New York City school principals receive their
budgets from Chancellor Joel Klein's office today, Klein says the schools
face cuts of about 5 - percent next
year, not as deep as he feared.
The chancellor warned in his emergency
Budget last month that departments
faced cuts of around 25 per cent over the next four
years on average - apart from health and overseas aid, whose
budgets were ring - fenced.
Four
of the five worst hit local authorities — Middlesbrough, Reading, Isle
of Wight, Doncaster —
face further
budget cuts over the next two
years, even after taking into account any gains predicted by the Department for Education from its new funding formula.
College applicants are
facing one
of the toughest
years ever to gain admission to the nation's public colleges and universities as schools grapple with deep
budget cuts and record numbers
of applications.
Malloy administration officials are so excited about the notion
of a
budget surplus that they are talking about proposing a targeted election
year tax
cut to win over middle - class voters even though the state
faces a projected $ 3.2 billion combined deficit over the three fiscal
years following this
year's election.
Both San Francisco public schools
faced five straight
years of districtwide
budget cuts — which hit hardest in 2010 with a $ 113 million shortfall and last school
year came to a more manageable $ 13 million.
Every
year that California
faces budget cuts means deeper
cuts to critical programs that have strong grassroots support; the time
of trimming the fat from the
budget is long gone.
The Institute
of Education Sciences, the U.S. Department
of Education's research arm,
faces a $ 10 million
cut in the Senate bill and a whopping $ 164 million
cut in the House appropriations measure, from its current fiscal
year budget of $ 573.9 million.
According to teaching unions, the county
faces budget cuts of more than # 28 million over the next two
years, equivalent to # 287 for each pupil.
While the City
of Bridgeport's public education
budget faced additional
cuts this school
year, Achievement First Inc.'s charter school in Bridgeport will be getting a free $ 850,000 in public funds to construct a new cafeteria, classrooms and gymnasium space.
The government says the new formula is needed to tackle uneven levels
of funding across England, with the best funded areas getting more than # 6,300 per pupil per
year, while the worst - funded averaging just # 4,200 - but there are concerns that while some schools will benefit, a new formula could mean some schools in areas
of need
facing budget cuts.
Conversations with a handful
of superintendents afterward indicated there is still a bit
of a siege mentality in the schools, with some still smarting under
budget cuts three
years ago and all now
facing more state mandates and requirements.
It
faces a
budget hole
of $ 18 million for the 2010 - 11 school
year, even if the state government makes no additional
cuts.
Yet even worse, according to Carter, is the challenge educators will
face in accurately planning their upcoming school
budgets amid the uncertainty
of whether or not the
cuts will actually occur midway through the 2012 — 13 school
year.
«We've outpaced the state in the last five
years and continue to, in the
face of severe
budget cuts,» said Superintendent John Deasy.
Faced with another $ 1 billion
budget deficit next
year, the Governor and top Democrat leaders are saying cities and towns will be on the list
of things to be
cut in Malloy's upcoming state
budget proposal.
According to teaching unions, the country
faces budget cuts of more than # 28 million over the next two
years, the equivalent to # 287 for each pupil.
«In the
face of the past few
years of economic turmoil that for many meant
budget cuts and staff downsizing, these 100 men and women continued to innovate and deliver measurable business value.
In a world that sees hundreds
of thousands
of new academic titles published each
year, keeping up and ordering books on a title - by - title basis is a daunting task for time - strapped librarians — even at the most affluent academic institutions not
facing severe
budget cuts or staff reduction.
The atmospheric research center —
facing chronic
budget shortfalls as Congress and the White House have sparred over spending — has been shedding positions for
years and now this modest effort to link climate science to human needs has been
cut (saving $ 500,000 out
of an $ 88 million annual science
budget)[
budget figure UPDATED from $ 120 million; $ 88 million is for science].
In December 1995, the Ministry
of the Attorney General advised the Provincial Division, together with the Court
of Appeal and the General Division, that all three Courts would be
facing budget cuts of approximately one third over two
years.
The
budget for the Ministry
of Justice has already
faced substantial
cuts over the past three
years.