Sentences with phrase «funds budget growth»

On the positive side, the proposal as described by the governor continues to restrain spending, holding the core state operating funds budget growth to 1.7 percent with an (apparent) minimum of gimmickry.

Not exact matches

Tumbling oil prices spell bad news, both for overall growth and the financial position of the government, which is reliant on tax revenues from its energy industry to fund the budget.

Europe needs a stronger banking union, including a cross-Continental guarantor of deposits; structural reforms to improve growth prospects; more monetary easing; and better plans for budget - cutting in the countries struggling to convince global investors of their financial stability, the fund said.

The commitment in Budget 2011 to undertake a Strategic Operating Review to find $ 4 billion in annual savings followed the Budget 2010 initiatives which restrained growth in national defence spending, capped funding of the International Assistance Envelope, forced departments to absorb the increase in annual federal employees» wages for 2011 - 12, and froze their operating budgets for 2011 - 12 and 2012 - 13 at their 2010 - 11 levels.

Shouldn't he at least consider the recommendation of the International Monetary Fund in its October review of Canada, that «there is room to delay the adjustment needed to return to a balanced budget in 2015, if there is no meaningful pick - up in economic growth»?

In a run up to the Union Budget 2014, angel fund YourNest has prepared a wish - list for the growth of startups in the country.

The company reported that the addition of the growth funds follows last year's budget announcement, which doubled the investment limit.

In addition to marketing expenditure to drive sales growth, the investment budget has earmarked funds for -LSB-...]

This research is highly credible and based on an assessment of Office of Budget Responsibility (OBR) projections and historic rates of funding growth.

«The question that we should ask is how can you inherit a budget deficit of 9.3 % of GDP, proceed to reduce taxes, bring down inflation, bring down interest rates, increase economic growth (from 3.6 % to 7.9 %), increase your international reserves, maintain relative exchange rate stability, reduce the debt to GDP ratio and the rate of debt accumulation, pay almost half of arrears inherited, stay current on obligations to statutory funds, restore teacher and nursing training allowances, double the capitation grant, implement free senior high school education and yet still be able to reduce the fiscal deficit from 9.3 % to an estimated 5.6 % of GDP?

The recent budget proposal by U.S. Representative Paul Ryan, for example, which claims to stimulate economic growth by removing funds from the recently passed public health option, suggests that conflicting values are evidence of incompatible ideologies.

The multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»

The Governor prioritized education spending in his budget proposal, including growth that is twice what would be allowed under the cap.9 To truly prioritize education the State should reform the Foundation Aid formula to ensure the highest needs districts are properly funded without unnecessarily sending aid to the wealthiest districts.

Following years of unsustainable growth, the Executive Budget reflects a year - to - year All Funds decrease of nearly $ 1 billion ($ 982 million), or two percent, in Medicaid spending in 2011 - 12.

Chancellor George Osborne's budget statement announced that the Pensions Regulator would be given a new objective to support scheme funding arrangements «that are compatible with sustainable growth for the sponsoring employer and fully consistent with the 2004 funding legislation».

In the fiscal plan for the year ahead, state operating funds will grow by 2 %, which is within the rate of inflation and far below the alarmingly high 4.6 % rate of growth reflected in New York City's preliminary budget.

«Years of decreasing, stagnant or slow economic growth have led local governments to cut vital services and tap their rainy day funds to balance budgets, a practice that is not sustainable in the long term,» the comptroller said.

«While total state spending has been held to 2 percent annual growth and most state agency budgets have remained flat, school aid has increased by 27 percent over the last five years, proving that it's already a funding priority,» Peters said.

But it is hard to view its forecasts as accurate when the International Monetary Fund downgraded Britain's growth forecast to 2.1 % after Osborne's emergency Budget.

The enacted budget held spending growth to 2 % for the sixth consecutive year and the Governor's commitment to spending restraint has led to higher reserves and reliable funding for key State programs, including education and health care.»

The Senate's budget, quietly released early on Saturday morning, keeps Cuomo's proposals to remove $ 485 million in funding for the City University of New York and to shift the growth of New York City's Medicaid program back to the city government, which will have a $ 180 million impact in the coming fiscal year and will increase in future years.

Despite this, Labour Ministers have chosen to cut funding to apprenticeship schemes in recent budgets, instead favouring less effective work experience schemes like Jobs Growth Wales.

The governor's proposed $ 98 billion state operating - funds budget for fiscal 2018 again shows growth below the 2 percent line — with help from still more gimmickry, such as a shift of 75 State Police positions into the capital - projects fund.

Taxpayers will receive the same net benefit, but SOF spending growth appears lower.3 Other substantial changes include shifts in workers from payrolls in the general fund to those paid by capital funds, reclassifying the Sales Tax Asset Receivable Corporation (STARC) funds from a miscellaneous receipt to an offset against spending, and shifting expenses off - budget as shown in Table 3.

Cuomo has set a unique benchmark for his budgets: holding the growth of spending from state operating funds to two percent or less.

«The specific amount of such spending — which could impact growth in State Operating Funds expenditures — is not projected in the Executive Budget.»

The final budget is expected to include Scott's request for $ 85 million to replenish the Florida Job Growth Grant Fund, an economic development program initially approved last year.

The Library appreciates and thanks Erie County Executive Mark Poloncarz for recommending a county funding increase of $ 469,483 (2.0 %) to libraries in his 2017 Proposed Budget through funds generated by growth in the equalized full value property tax base so there is no increase in the property tax rate.

Jack Connors, chairman, Board of Trustees, Buffalo & Erie County Public Library and Library System Director Mary Jean Jakubowski expressed their appreciation, stating: On behalf of the Buffalo & Erie County Public Library System we want to thank Erie County Executive Mark Poloncarz for recommending an increase of $ 415,867 * to libraries in his 2014 proposed budget through funds generated by growth in the equalized full value property tax base.

Library System Director Mary Jean Jakubowski expressed her appreciation, stating: On behalf of the Buffalo & Erie County Public Library System we want to thank Erie County Executive Mark Poloncarz for recommending a county funding increase of $ 451,766 (2.0 %) to libraries in his 2015 proposed budget through funds generated by growth in the equalized full value property tax base so there is no increase in the property tax rate.

The Library appreciates and thanks Erie County Executive Mark Poloncarz for recommending a county funding increase of $ 478,872 (2.0 %) to libraries in his 2018 Proposed Budget through funds generated by growth in the equalized full value property tax base.

«My audits have shown some school districts will be able to rely on ample rainy day funds to offset the low growth in revenue, but others must examine their budgets to determine where they can limit spending or cut costs in order to stay under the cap,» Mr. DiNapoli said in a statement.

«Slow but steady economic growth has produced additional funds for the City budget, but signs of a potential slowdown are on the horizon,» Comptroller Stringer said.

The most recent state financial plan assumed state operating funds would grow by roughly 4 percent for the next several years, Cuomo's latest budget assumes only half that growth, allowing the administration to project a $ 2.2 billion surplus by the 2016 - 17 fiscal year, according to the briefing book.

Fiscal watchdogs and independent budget analysts have estimated those proposed cuts — which include a shift in how the City University of New York schools are funded, city assumption of its own growth in Medicaid costs, and a state clawback of savings the city achieved through a debt refinancing — would cost the city nearly $ 1 billion in the coming fiscal year, an amount that would increase with each passing year.

Finally, the Citizens Budget Commission said the New York Power Authority, a favorite budget - balancing source for governors across party lines over the years, would again help Cuomo keep his state - funded portion of the budget below a 2 percent annual growthBudget Commission said the New York Power Authority, a favorite budget - balancing source for governors across party lines over the years, would again help Cuomo keep his state - funded portion of the budget below a 2 percent annual growthbudget - balancing source for governors across party lines over the years, would again help Cuomo keep his state - funded portion of the budget below a 2 percent annual growthbudget below a 2 percent annual growth rate.

The Library very much appreciates and thanks Erie County Executive Mark Poloncarz for recommending a county funding increase of $ 460,277 (2.0 %) to libraries in his 2016 proposed budget through funds generated by growth in the equalized full value property tax base so there is no increase in the property tax rate.

The commission's new report said a cap by Albany on annual spending growth in the state - funded portion of the budget — proposed this year to rise to $ 96.2 billion — makes sense.

In a later report, CBC also criticized Governor Cuomo for misleadingly saying that the adopted budget continued his «record of holding State Operating Funds spending annual growth to no more than 2 percent.»

The NASA budget would total $ 19.9 billion, a full $ 780 million above the President's request and $ 219 million above FY 2017 levels, building on several years of strong funding growth due in no small part to House appropriators.

Christine Blower, general secretary of the National Unit of Teachers, commented: «This Budget offers more of the same — the foundations of economic growth eroded instead of strengthened, and more bad news for teachers and parents.This Budget does not address the pressing issues in education funding.»

Second, school budgets are going to be flat (or falling) for the foreseeable future — and looming deficits in retirement and pension funds almost certainly mean that the take - home pay of practicing teachers will see no real - dollar growth and could well decline.

While FLVS's political support was impressive, the annual appropriations funding mechanism not only was risky — it was subject to year - to - year budget decisions — but also essentially capped growth.

Hartford, CT — Connecticut lawmakers passed a FY2017 budget tonight, ensuring that public charter schools have the funding they need to meet their pre-approved growth plans for next year.

Public schools that experience increases in student enrollment from one year to the next must now wait until state lawmakers finalize a budget for the next fiscal year to know if enrollment growth is fully funded.

Under the budget bill passed by the House last week, state funding for higher education will increase modestly over the next two years, with growth both in financial aid resources and institutional funding.

Charter schools» base categorical block grant funding received growth for new pupils in the 2012 - 13 state budget; a total of $ 53.7 million to accommodate the increasing number of students in California's charter public schools and keep the per pupil funding level from decreasing.

In fact, measured by percentage growth, funding for charter schools has been the fastest growth area in the entire state education budget, and that was before Governor Malloy went all in on charter schools.

The Center on Budget and Policy Priorities» analysis found that since the end of the recession, local revenue growth has only averaged 1.5 % above inflation, not remotely enough to make up for lost state funds and increasing student populations.

«They say a budget is a statement of your priorities... We know where the Governor stands — he included funding for both the new schools and seat growth.