Sentences with phrase «impacting local budgets»

Not exact matches

In contrast, according to the Parliamentary Budget Officer, the provincial, territorial and local government sector does not have a sustainable fiscal structure, even though their aggregate debt - to - GDP ratio is currently under 30 per cent, but expected to rise significantly due to the impact of an ageing population on their finances.

This rise partly reversed earlier declines, which had reflected a number of factors: the expected negative impact of the Asian situation on the local economy, associated concerns about the possibility of global deflation, and the projected fall in the stock of bonds on issue reflecting the expected run of Budget surpluses and the proposed sale of the remainder of Telstra.

At 10 a.m., Assembly Majority Leader Joseph Morelle holds a press conference on the local impact of the proposed state budget for health programs, Finger Lakes Health System Agency, 1150 University Ave., Building 5, Rochester.

Charities have warned over and over again that the cuts to local authority budgets and welfare reforms would have an impact on society's most vulnerable people, but they have been ignored.

Tentative deals have been reached on parts of a new state budget, including about $ 1 billion in additional funding for public schools, a work - around for some higher - income New Yorkers to reduce the impact of new federal tax deduction limits, and a freeze on what Albany sends to local governments around the state.

Should deductions be eliminated for state and local taxes, the immediate impact would likely be on the school districts and communities whose budgets depend on that revenue.

The two - year budget deal reached in Washington on Friday ensures no draconian cuts in federal aid to the state and city, undercuts arguments to raise some local taxes and portends problems for Cuomo as he exaggerates the impact of Congress's tax bill on New Yorkers.

The tax cap talk at the joint legislative hearing on the state budget and its impact on local governments was dovetailed by the GOP - led Senate approving, once again, a cap on property tax increases for New York City.

The Fiscal Policy Institute released its annual budget analysis Tuesday, touching on everything from the non-fiscal policy issues included in the governor's 2014 - 15 plan to its impact on local governments.

As Gov. Andrew Cuomo raises the possibility of an «extender» budget blamed on federal government - level uncertainty over potential cuts in spending to the state, the Fiscal Policy Institute has released a report examining the impact of D.C. aid to New York state and local governments.

The New York State Association of Counties (NYSAC) on Monday presented testimony on the county impact of the 2013 - 14 State Budget to a Local Government Hearing of the New York State Legislature.

Because of the way the Trump 2018 Budget Blueprint is written DMH is unable to quantify the true impact it would have on local services and programs provided to address homelessness.

The New York State budget was finally passed, we find out what impact it might have on local businesses.

Each representative will be allowed to ask questions about how the budget will impact funding, resources, and play a role in shaping local communities.

Mayor Bill de Blasio has a simple message about the local impact of the $ 168.3 billion state budget: Now that the governor has secured funding he was seeking for subways and public housing, he is responsible for some of New York City's most intractable problems.

In 2015 - 16 the Scottish Government is funding participatory budgeting support for local authorities, a learning programme, developing innovative digital approaches and researching the impact of participatory budgeting on communities.

«The NASUWT predicted that the funding changes, driven by a desire by the Department for Education to mask the level and impact of cuts to school and local authority budgets, would result in those who needed the support to address their needs losing it.

Dozens of workshops covered a range of issues, including the impact of the State budget on counties, pension funding, renewable energy, local Medicaid costs, public safety, budgeting, pre-school special education reforms, shared services, and local leadership.

Schumer and Gillibrand said the 15 counties suffered extreme damages to residential homes, small businesses, public facilities, roads and bridges, and that it is impractical to expect state and local governments to plan and budget for the impacts of storm events lasting 25 days.

«Without the SALT deduction, New York and local communities would face even greater pressure as residents» demand reductions in budgets that impact their tax rate.»

The group's agenda comes amid what is expected to be a challenging budget year for Albany that includes a $ 4.6 billion budget deficit and the looming impact of a cap on deductions of state, local and property taxes.

The focus on higher education the first day is a break with tradition, as lawmakers have generally scheduled the first day of the joint legislative hearings on the budget to be «tin cup» day — when mayors and local government officials discuss the impact of the spending proposal on their municipality.

In a recent meeting with Dutchess County's mayors and supervisors, County Executive Molinaro outlined how his budget proposal will impact local municipalities and encourage localities to work together and with the County to find greater efficiencies, consolidate government, enhance service delivery and reduce costs for taxpayers.

Highlighting the stories of area residents who have been directly impacted by past budget cuts, the NYInequality coalition is seeking to persuade local lawmakers to fight back against giving the wealthiest another tax windfall, especially since New York ranks first in the nation for income inequality.

County government — despite Hein's considerable success on holding down spending — is still, with its $ 360 million annual budget and its impact on local economics, by far the largest government entity hereabouts.

The final budget passed by New York state's government will impact county, municipal, and school budgets in the form of mandated local spending and state aid.

«When you add up the impact, if they would repeal or significantly amend the Affordable Care Act, Obamacare, and the federal budget cuts that are being proposed, that would directly impact New York state and local governments,» DiNapoli says.

Press Release from NYSAC The New York State Association of Counties (NYSAC) on Monday presented testimony on the county impact of the 2013 - 14 State Budget to a Local Government Hearing of the New York State Legislature.

«The budget is obviously the biggest issue as we go forward as well as the impact that the federal government will have on our local government,» McLaughlin says.

The cap on growth in local Medicaid expenses that Cuomo instituted in 2012 had a «stabilizing impact on the city's budget,» she said.

BP Eric Adams called on the New York City Independent Budget Office (IBO) to conduct an «economic impact analysis» on recent outages to study the loss «economic productivity of hundreds of thousands of workers» and its impact on local businesses and lost taxes.

«The recent statewide growth in and impact of tax exempt entities severely erodes the tax base of local governments and school districts, unfairly transfers the tax burden to remaining homeowners and businesses, and further compromises New York's position as a fair and competitive environment in which to live and invest,» Teresi said in October as part of his budget address.

The impact on current institutional structures Current structures have already been severely impacted by budget cuts at local authority level.

In its impact on state and local education budgets, the Great Recession of 2007 - 09 was like a vicious storm that swept across the landscape and left a broad — but far from uniform — trail of wreckage in its wake.

Stating that allowing parents to use their 529 savings for K - 12 tuition «will erode the tax base that funds public schools» when it will benefit many middle class New Yorkers already taking a 2018 hit with lost state and local deduction opportunities; when the real world state budget impact is demonstrably negligible; and in a state that already spends more per public school pupil than any other — is simply poor public education.

He then argues that unless the federal government is very careful, the forces and factors that led to these distressing spending patterns — like huge state budget deficits, local resistance to federal education guidance, and interest group focus on jobs — could similarly influence the Race to the Top, compromising its ultimate impact.

A: Vouchers will have an immediate impact on local government's budgets and the potential impact on local property tax is significant.

Impact Aid attempts to fill the hole in district budgets caused by the loss of that local tax revenue and is crucial for the students in such school districts.

While federal cuts to education would cause all districts to either reduce services or compensate for deficits with state or local dollars, Trump's proposed budget would have the most severe impact on districts with high concentrations of poverty and other challenges.

Local districts now pay for more than 40 percent of the cost of special education out of their general budgets, an impact called «encroachment.»

Additionally, Horn said lawmakers will have to mull the impacts of their policies on school districts that attach local teacher supplements to state salary, noting the legislature's actions could balloon local budgets.

The update included an overview of the state budget and federal items impacting school - age child care, the Afterschool Education and Safety (ASES) program, as well as the K - 12 Local Control Funding Formula (LCFF).

And doing so in the face of super-squeezed budgets, when it could have a detrimental impact on local schools in terms of funding and the loss of a genuinely comprehensive intake, feels like wilful neglect.

The implementation of a National Funding Formula (NFF) is at last becoming a reality, but the government can only make information available for the first two years, 2018/19 and 2019/20, and the ultimate impact on school budgets will still depend on local decisions.

Disincentives for home ownership in the form of increased costs will put downward pressure on home prices which will further impact local school budgets.

Despite its relatively modest financial impact, the review could have weighty implications for DPI, which manages a $ 9 billion, K - 12 budget and provides support for North Carolina's 115 local school districts.

It has turned a relatively modest federal program (the $ 4.3 billion budget represents less than 1 percent of all federal, state and local education spending) into high - yield leverage that could end up overshadowing health care reform in its impact and that is already upending traditional Democratic Party politics.

This market has been negatively impacted by the budget problems of local governments over the past three years.

The only impact felt is that most street vendors and budget and local Muslim - run restaurants cease to operate during the day, so the effect for international visitors is minimal.

The impacts are local and direct, for some, but beyond the immediate, local impacts are the impacts through markets, budgets, and political systems.