Sentences with phrase «first substantial surplus»

Not exact matches

ALBANY — Gov. Andrew M. Cuomo on Wednesday proposed using his first substantial budget surplus to fund a $ 154 billion spending plan that includes a $ 2.1 billion increase in school funding over two years and billions of dollars in legacy - building construction projects.

First and foremost, companies with dividend paying ability are those with strong financial positions, i.e., cash on the asset side and enjoying substantial «surplus - surplus» (a relative absence of liabilities) on the obligation side.