Sentences with phrase «in operating the fund»

He's criticized Cuomo for diverting more than $ 400 million in operating funds intended for the agency since 2011 — an action denied by the MTA and Cuomo.
He pointed to his own efforts to free up $ 72 million in operating funding by ending the practice of charging NYCHA for police presence.
Susan Schnebel, superintendent of Islip schools, said that next year's downward fluctuation in the cap could leave her district with $ 1.1 million less in operating funds than it has this year.
The proposed 2014 budget includes $ 31.2 million in operating funds for termination pay, an expense the county traditionally has borrowed to pay.
Mangano calls for using $ 10 million in operating funds to pay property tax refunds next year while his proposed multiyear plan projects borrowing $ 230 million in 2014 for the county's chronic tax - refund burden.
Credit ratings also take into account how much money towns have in reserves and in their operating funds, their ability to borrow as needed, and the ability to raise taxes or cut spending.
It did include one notable victory for CUNY: $ 485 million in operating funding for the senior colleges, which Cuomo and the State Senate had proposed doffing on the city, were not.
The Teacher Centers will receive $ 14.2 million in operating funds, the most since funding was cut to the program during the recession.
That is in addition to the $ 1 billion + a year in operating funds the City provides the MTA, the $ 2.4 billion for the 7 train extension to the West Side, and an additional $ 200 million in capital from the Vanderbilt Corridor Rezoning.
City Council Members Brad Lander, Mark Levine, and Jimmy Van Bramer were among those who voiced their support for a $ 22 million increase in operating funding and $ 100 million of capital funding to New York City Public Libraries for restoring and maintaining the buildings.
It's true that New York charters get several thousand dollars less in operating funds per student than the city's district schools do — and, even more important, they do not get separate capital funding for facilities in Gotham's extremely pricey real - estate market.
Tuesday's vote also included the reduction of about $ 865,000 in operating funds for expenditures such as contractual services, employee professional development, travel, supplies and more.
RPS Superintendent Dana Bedden's budget proposal includes a $ 22.8 million increase in operating funding.
However, prior to the referendum, the SDE appropriated $ 1.2 million to fund IDLA in FY 2013 - 14, which represents a 78 % decrease in operating funds below FY 2012 - 13.
County governments are primarily responsible for providing buildings and infrastructure, but local appropriations totaled $ 2.7 billion in operating funds for things like teacher salaries during 2014 - 15.
But there are certain challenges in operating the fund (mentioned in the article).
An example is where a strata corporation has cash flow problems in its operating fund and requires a «loan» from the Contingency Reserve Fund (CRF).

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
According to a statement the SBA released this morning, the competition will allow entrepreneurial models to compete for prizes of $ 50,000 apiece, helping to fund operating budgets and fill in gaps in the entrepreneurial ecosystem.
At Virgin, we've dipped a toe in the water (excuse the pun) through our Green Fund, by backing Seven Seas Water, a desalination business that designs, constructs, installs and operates water plants across the Caribbean and the Americas.
• NTex Transportation Services, an Indian startup that operates the logistics and distribution platform ElasticRun, raised $ 7 million in funding, according to the Economic Times.
• Grail, a life sciences company focused on early cancer detection that operates as a subsidiary of Illumina Inc. (Nasdaq: ILMN), raised more than $ 900 million in Series B funding.
While FundersClub may operate a platform for companies to seek investment, they only select a single - digit (1 to 2 percent) of startups to appear on the platform, with top venture capital firms such as Sequoia and Andreessen Horowitz already investing nearly $ 1 billion in companies that they've funded.
Save the funds as a contingency plan in case something does go wrong or you experience a slow month and need the extra cash to cover operating expenses and payroll.
Representatives of a $ 2.2 billion investment fund aimed specifically at drone infrastructure — such as air traffic control technologies to allow drones to safely operate alongside conventional aircraft in U.S. airspace — weigh in during the discussion.
Operating an independent fund company is, in many ways, an unending battle.
Backed by organizations such as Winrock International, a global nonprofit focused on economic opportunities for the disadvantaged, the Northwest Arkansas Entrepreneurship Alliance runs The Iceberg co-working facility in downtown Fayetteville and Gravity Ventures, an angel investment fund operating in Arkansas and Indiana.
The Vision Fund, which SoftBank CEO Masayoshi Son announced in late 2016, has no choice but to write huge checks because it's operating out of a $ 100 billion pool of capital.
For the inflation rate, coupled with individual tax rates, will be the ultimate determinant as to whether our internal operating performance produces successful investment results — i.e., a reasonable gain in purchasing power from funds committed — for you as shareholders.
Mainstreet has seen 14 consecutive quarters of double - digit year - over-year increases in funds from operations and net operating income.
In the email, Deep Nishar, senior managing partner at SoftBank Vision Fund, characterized Slack as «the operating system» for businesses in which teams need to collaborate «effectively.&raquIn the email, Deep Nishar, senior managing partner at SoftBank Vision Fund, characterized Slack as «the operating system» for businesses in which teams need to collaborate «effectively.&raquin which teams need to collaborate «effectively.»
In general, as mutual funds get larger, their expense ratios drop, as operating costs get spread across more investors.
Rather, CASPERSEN operated a Ponzi - like scheme in which he misappropriated investor funds from the Fake Fund Accounts and converted them to his own use and use by others, including by using investor funds to meet CASPERSEN's periodic interest payment commitments to earlier investors.
You should describe your plans for hiring those people, and include them in your cost estimates, but you'll want to show that you're taking a conservative approach with your funding and not over-staffing your company beyond your current operating needs.
The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.
Guaranty fund assessment expense of approximately $ 54 million pretax, or $ 0.23 per diluted common share, to support the policyholder obligations of Penn Treaty (an unaffiliated long - term care insurance company); GAAP measures affected in this release include consolidated pretax income, EPS, and consolidated operating cost ratio.
The refinery is underperforming, operating at just over 60 % of its capacity in 2017 and getting less funding than in years past.
Any investments the company might have overseas will still receive funding, while operations in the United States will operate as is, too.
Again, this is a good spot for a graph presenting operating income, operating expenses, investment in capital expenditures, funding and closing cash.
According to Martin Slumbers, chief executive of The R&A, the governing body that organizes the event, «We are operating in an increasingly global marketplace and have made the decision to award the prize fund in US dollars in recognition of the fact that it is the most widely adopted currency for prize money in golf.»
Just last month, the American Sears had to borrow $ 400 million from a hedge fund operated by Lampert in order to prepare for the holiday season.
But, four sources familiar with Elliott's thinking said Europe offered a lot of scope, as fewer activist funds operated there than in the United States, and European companies have been subject to the attentions of activists for less time.
• Dynamic Yield, an Israel - based industry's personalization operating system, raised $ 31 million in Series C funding.
He structured his new firm in a completely novel way — as a «mutual mutual fund,» or an investment company that would be owned by its member funds and operated wholly in the interest of its shareholders.
Financing activities typically will be a provider of funds when a company has shortfalls in operating or investing activities.
In a recent court case, the 9th Circuit Court of Appeals ruled that the Department of Justice is prohibited from using federal funds to prosecute businesses who operate within state laws regarding medical marijuana.
The platform, which hit the App Store in April and raised a small seed funding round in September told users in December that «the challenges of operating our business in NYC prompt us to end this chapter for the time being.»
Lackey expects to play an operating role in three to five companies as he invests his fund companies in various industries and at various stages of growth.
In fact, he says, «I am surprised that royalty funding is not standard operating procedure for entrepreneurs.»
In turn, Valeant will loan the company $ 25 million to «fund initial operating expenses.»
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