Sentences with phrase «fiscal year expenses»

Not exact matches

Actual results and the timing of events could differ materially from those anticipated in the forward - looking statements due to these risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing of, and risks relating to, the executive search process; risks related to the potential failure of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies of eptinezumab sufficient to achieve a positive completion; the availability of data at the expected times; the clinical, therapeutic and commercial value of eptinezumab; risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing on the intellectual property rights of others; the uncertain timing and level of expenses associated with Alder's development and commercialization activities; the sufficiency of Alder's capital and other resources; market competition; changes in economic and business conditions; and other factors discussed under the caption «Risk Factors» in Alder's Annual Report on Form 10 - K for the fiscal year ended December 31, 2017, which was filed with the Securities and Exchange Commission (SEC) on February 26, 2018, and is available on the SEC's website at www.sec.gov.
The expected macroeconomic impact of the December 2017 tax reform, particularly the lower corporate tax rate and the temporary full expensing of investment, together with increased government spending, will begin to be felt in the second quarter and emerges as a powerful fiscal stimulus in the remainder of the year and in 2019.
Betsy Graseck, a Morgan Stanley analyst, estimates Goldman Sachs will say operating expenses declined 29 percent to $ 4.76 billion — the lowest for the start of a fiscal year in a decade.
On February 3, 2011, the C.D. Howe Institute released its 2011Shadow Budget [1] entitled A Faster Track to Fiscal Balance, arguing that federal government should undertake aggressive actions to restrain the growth in program expenses in order to achieve a fiscal surpluses one year earlier than forecast in the October 2010 UpdatFiscal Balance, arguing that federal government should undertake aggressive actions to restrain the growth in program expenses in order to achieve a fiscal surpluses one year earlier than forecast in the October 2010 Updatfiscal surpluses one year earlier than forecast in the October 2010 Update [2].
Gtech predicted «bid net income,» which is revenue minus prizes and other operating expenses, of $ 320 million for the 2015 fiscal year.
Generally, our objective for a fiscal year is to grow operating expenses at a slower rate than net sales and to grow operating income at a faster rate than net sales.
On a percentage of sales basis, we expect to see favorability from food and beverage expenses in the first half of the fiscal year as we wrap on elevated inflation that we experienced in the first half of fiscal 2012.
The company expects annual expense savings of $ 300 million from these actions beginning in fiscal - year 2018, which it intends to reinvest in the business.
Restaurant expenses in the quarter were essentially flat to last year on a percentage of sales basis as lower credit card expenses were offset with increased preopening expense related to 9 net units opens in the quarter and additional openings in early fiscal 2013.
We anticipate lower restaurant labor expense and restaurant expenses as a percentage of sales this fiscal year from same - restaurant sales leverage and our transformational cost savings initiatives.
Walmart said the wage increases would add about $ 300 million in expenses to its budget for the next fiscal year.
This implies that the Budget should be tabled prior to that date, allowing for sufficient time for the Treasury Board Secretariat (TBS) to reconcile the Budget expense projections for the upcoming fiscal year to the Main Estimates.
After Puerto Rico declared a form of bankruptcy May 3, The New York Times used these words to describe the U.S. territory's fiscal woes: «borrowing to pay operating expenses, year after year»; «unable to provide its citizens effective services»; and «rising pension costs, crumbling infrastructure, departing taxpayers and credit downgrades.»
In the six months ended March 31, 2018, as a result of the U.S. Tax Cuts and Jobs Act, Post recorded a $ 265.3 million one - time income tax net benefit which included (i) a $ 272.4 million benefit related to an estimate of the remeasurement of Post's existing deferred tax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earnings.
It primarily sets out the Government's fiscal objectives for the upcoming five years, including forecasts of revenues, expenses and the balance (deficit / surplus).
In the 2014 fiscal year, 26 of the 115 schools in our data set (22.6 percent), reported profits of $ 0, meaning their football - related expenses and revenues were exactly equal.
(This year's state operating funds spending hike is officially 1.8 percent; however, the spending increase is 2.5 percent after adjusting for $ 344 million in fiscal 2014 «prepayments» of 2015 expenses.
In fiscal year 2017 the State began the process of shifting the School Tax Relief (STAR) program from a SOF expense to a personal income tax credit.
«For the second consecutive year, New York City has had more uniformed employees than inmates in the system,» Stringer's report said, and average overtime expenses for employees stood at $ 28,045 per inmate in the last fiscal year.
Although there is additional revenue available to fund these costs in the coming fiscal year, the agreed upon additions are an added risk to the City's fiscal health in future years, when budget gaps are already projected and when an inevitable economic downturn will erode the revenue required to pay for recurring expenses
Queens Borough President Melinda Katz announced today that the Borough Board has unanimously approved a package of expense and capital budget priorities that it wants to see included in the City's budget for Fiscal Year 2015.
Mayor Bill de Blasio revealed his first preliminary budget of the Trump - era today — $ 84.67 billion in expenses for Fiscal Year 2018, and $ 84.6 billion for improving and maintaining city infrastructure over the next decade — a budget devoid of any allowances for federal funding changes under the new Republican order in Washington, D.C.
Recommendations Seek to Address the Borough's Longstanding Issues QUEENS, NY — Borough President Melinda Katz submitted to the Mayor and City Council recommendations for the expense and capital budget priorities that the Borough President and her fellow members of the Queens Borough Board want to see included in the City's adopted budget for Fiscal Year -LSB-...]
A fiscal watchdog group is questioning the state's century - old prevailing wage law for construction workers, saying it unnecessarily costs taxpayers billions of dollars a year in added expenses for big road, bridge and other projects.
If at any time during the fiscal year it appears, from cash flow projections or other generally accepted accounting principles, that the revenues available, as projected through the end of the fiscal year, will be insufficient to meet either (a) the amounts appropriated, or (b) expenses anticipated to be incurred through the end of the fiscal year, such that the cumulative effect thereof is a projected year - end deficit in excess of fifty percent of the County's undesignated, unreserved fund balance as of the end of the immediately preceding fiscal year, the County Executive or the Comptroller shall submit a report to the Legislature setting forth the estimated amount of the deficit with appropriate details and explanations.
QUEENS, NY — Borough President Melinda Katz will chair an upcoming Queens Borough Board public hearing on the Mayor's Fiscal Year 2016 Preliminary Expense and Capital Budgets.
QUEENS, NY — Borough President Melinda Katz will chair an upcoming Borough Board public hearing on the Mayor's Fiscal Year 2016 Preliminary Expense and Capital Budgets.
The fiscal year 2016 spending of $ 1.7 billion is equal to 8 percent of City's spending on salaries.5 The New York City Comptroller reported that, as of June 2017, overtime spending for fiscal year 2017 was projected to be $ 1.8 billion, a 4.5 percent increase over the prior year.6 (A portion of this overtime expenditure is attributable to security at Trump Tower with the City expected to receive Federal funds to cover the expense in part.7)
This will bring to $ 1.3 billion the amount of non-recurring windfall money that Cuomo has used to at least temporarily offset recurring operating expenses over the past four fiscal years, according to a table included in the financial plan update.
The hospital system has reimbursed the city for these expenses in only one out of the four years between fiscal years 2013 and 2016.
But late Wednesday afternoon, the Thruway Authority issued a statement saying the comptroller's past audits have actually contributed to past problems at the Authority by failing to report years of what it calls «fiscal gimmicks and deferred expenses
Borough President Katz, along with her fellow Borough Presidents from the City's four other boroughs, had requested that the Fiscal Year 2015 Expense Budget allocate $ 8 million to allow the Rockaway ferry to run seven days a week through the end of June 2015.
The Comptroller, and his audits over the years, have actually contributed to past problems at the Thruway Authority by failing to report years of fiscal gimmicks and deferred expenses.
«Although there is additional revenue available to fund these costs in the coming fiscal year,» notes the nonpartisan Citizens Budget Commission, «the additions are an added risk to the city's fiscal health in future years, when budget gaps are already projected and when an inevitable economic downturn will erode the revenue required to pay for recurring expenses
The governor is set to present a budget for the upcoming fiscal year covering at least $ 130 billion in state expenses.
The City College 21st Century Foundation, which is under federal investigation for reimbursing the personal expenses of ex-president Lisa Coico, reported nearly $ 17 million in revenue for the 2015 fiscal year, according to an accountant's report.
During the current fiscal year our total expenses of this kind are projected at $ 20,000 - $ 25,000.
The district also netted one - time savings of well over $ 100 million, mainly from a debt refinancing, and it pushed some expenses into the subsequent fiscal year.
Districts have until the end of 2014 - 15 fiscal year to use the money and must file reports expense reports by July 2015, with the California Department of Education.
(Calif.) Three charter schools authorized by the California State Board of Education have been identified as having some fiscal distress, including Synergy Charter School in Pittsburg where expenses ran ahead of revenues last year by almost $ 200,000.
After two years of meager fiscal returns and the expense of re-engineering the Classic for 1963, American Motors likely viewed redesigning the Ambassador for 1964 a much more sound investment than a sports car.
There are authorized to be appropriated from the Highway Trust Fund (other than the Mass Transit Account) to be made available to the Secretary for administrative expenses of the Federal Highway Administration $ 480,000,000 for each of fiscal years 2012 and 2013.
Corporate overhead expenses were $ 26.4 million, compared to $ 16.5 million in the prior year period, including one - time items of $ 1.4 million in the first quarter of fiscal 2016.
As each fund passes its fiscal year - end, the annual expense ratio is calculated by dividing the fund's operational expenses by its average net assets.
Avigen is unable to estimate the amount of any expenses that would have been avoided, if any, if the sale of AV513 had been completed at the beginning of the 2008 fiscal year.
The prospectus section entitled «Fees and Expenses» indicates the fees and expenses paid by the fund for its most recent fiscal year (unless otherwise indicated), organized by sharExpenses» indicates the fees and expenses paid by the fund for its most recent fiscal year (unless otherwise indicated), organized by sharexpenses paid by the fund for its most recent fiscal year (unless otherwise indicated), organized by share class.
The expense ratio is essentially the annual fee that fund houses deduct every fiscal year from the shareholder's asset as the operational cost of scheme.
«Acquired fund fees and expenses» has been estimated for the current fiscal year.
The gross annual expense ratio as disclosed in the November 1, 2017 Prospectus is 0.86 % and represents operating fees and expenses (including acquired fund fees and expenses) incurred by the Fund during the fiscal year ended June 30, 2017.
Ramius also expressed its concern that the Issuer has taken little action, to date, to adjust the cost structure in - line with current business prospects, specifically noting that, while revenues have declined since fiscal year 2008, operating expenses have actually increased over the same period.
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