Sentences with phrase «fund operating deficits»

The agency's statistical yardsticks include a $ 15.1 - million general - fund operating deficit in the 2014 - 15 school year.

Not exact matches

The fund recorded an operating deficit of $ 2.2 million despite the subsidy cuts saving it $ 900,000.

Dana's primary point is that places like Boulder, CO (Chef Ann Cooper's current district) and Berkeley, CA (Chef Ann's former district) use outside and / or community - raised funding to bring about change, and her own San Francisco district operates at a deficit that's grudgingly paid by the school board.

Also at the hearing, the county comptroller's office released a fact sheet showing there was a $ 48.9 million budget deficit for 2017, according to preliminary unaudited results from Nassau's five primary operating funds.

To balance the Fire Department's budget operating funds will have to be cut to reconcile the overtime deficit.»

DiNapoli said the fiscal stress monitoring system takes into account several factors such as short - term borrowing, use of fund balance, and operating deficits.

The monitoring system created by state Comptroller Thomas P. DiNapoli uses financial indicators that include year - end fund balance, short - term borrowing and patterns of operating deficits.

The monitoring system uses six financial indicators, including levels of cash reserves known as fund balances, operating deficits, cash on hand and reliance on short - term borrowing.

According to the 2015 report, the district earned the designation — which indicates the district may encounter fiscal issues in the future if the situation remains unchanged — due to an alleged operating deficit and a reserve fund below the levels suggested by the comptroller's office.

The comptroller's monitoring system evaluates local governments on several financial indicators including their fund balance, cash on hand and patterns of operating deficits.

Using financial indicators that include year - end fund balance, cash position, short - term borrowing and patterns of operating deficits, DiNapoli's monitoring system creates an overall fiscal stress score which drives the classification.

Using financial indicators that include year - end fund balance, short - term borrowing and patterns of operating deficits, the system creates an overall score and provides feedback to help local leaders prioritize the needs of their community and make decisions.

Auditors found the town's year - end fund balance for its major operating funds had a combined $ 2.2 million deficit at the end of 2012.

Faced with a $ 1.6 million deficit requiring major cuts in programs, members of the North Chicago city school board were ready to close the district's nine schools in March, until Gov. Jim Edgar of Illinois promised emergency operating funds for the 4,300 - student district.

The schools operated by CMOs often receive less overall public funding on a per - pupil basis than comparable district - run public schools, with the deficit ranging from approximately 10 to 30 percent.

The report goes on to explain that the new budget uses borrowing, one - time revenues, and fund transfers to close budget deficits and cover operating expenses and reports that, «By relying on these measures, rather than recurring revenues to close the state's budget gap... state policymakers have opened up a larger revenue hole in future budget years.»

Even with $ 200 million in additional state funding this year and another $ 200 million in «painful» cuts, Chicago Public Schools began the academic year projecting an operating deficit of more than $ 1 billion.

CPS can not use TIF funds to reduce the FY 2011 operating budget deficit since this would not be a proper, lawful use of funds.

Lembo's $ 172.8 million deficit projection falls just short of 1 percent of this year's general fund, which covers the bulk of state government's annual operating costs.

These funds are in a special restricted fund and will cover the operating deficit of approximately $ 1,808,698 through the end of 2012.

This in turn, creates a situation in which there is a size - able deficit in the corporation's operating expenses, depleted or no reserve funds and extensive repair costs to bring the property into a livable condition.

Since 2008, the FHA Mutual Mortgage Insurance Fund has operated with a deficit, which would be expected after the housing market crash.