Sentences with phrase «increased reserve funds»

Any excess above 4 percent is supposed to go toward lower property taxes, increased reserve funds, pay for one - time expenses or lower debt.
Among DiNapoli's proposals: - Require the governor to have a gap - closing plan for out - year deficits; - Impose a binding revenue forecast; - Increase reserve funds; - Require open budget negotiations;

Not exact matches

Here are some goals for this period of your life: Aim to be free of consumer and student debt; accumulate an emergency reserve fund of six to 12 months of living expenses; and try to increase your retirement savings contribution up to 15 percent.
Since Living Goods» overall budget is increasing, it also aims to raise an additional $ 3 million in reserves (about $ 2 million in 2015 and about $ 1 million in 2016).148 It expects to raise some funds from partnership consulting fees and margins on goods sold to CHPs, leaving about $ 10 million per year that would need to be supported by donor funding.149 In 2012 Living Goods raised $ 2.8 million, and in 2013 it raised $ 3.3 million from donors.150 Living Goods told us that it believes there is a decent chance it will reach two - thirds of its funding target for the first year through agreements with funders who have supported its work in the past, but the money has not yet been secured and the funding need will grow each year.151 The Children's Investment Fund Foundation (CIFF), one of Living Goods» major core funders historically, will be deciding in Q1 2015 whether to fund Living Goods» scale -Fund Foundation (CIFF), one of Living Goods» major core funders historically, will be deciding in Q1 2015 whether to fund Living Goods» scale -fund Living Goods» scale - up.
Morris Betesh, a financing broker at Meridian Capital Group, said that in virtually all situations borrowers are going to pony up more capital to «fund either extension fees [or increase] carry reserves
Instead, the quantity of reserves has become so much larger than would be required to maintain a Funds Rate of only 0.25 % that even a tiny increase to 0.50 % would necessitate a $ 1 trillion + reduction in reserves and money supply, which would crash the stock and bond markets.
[2] To pay for the securities, the Fed wires funds into the sellers» bank accounts, instantly increasing the total quantity of bank reserves by the same amount.
That reinvestment may be used to fund acquisitions, build new factories, increase inventory levels, establish larger cash reserves, reduce long - term debt, hire more employees, start a new division, research and develop new products, buy common stock in other businesses, purchase equipment to increase productivity, or a host of other potential uses.
The central bank's foreign reserves have dropped by $ 36bn, or 5 per cent, over the past two months, as newly crowned King Salman bin Abdulaziz Al Saud dips into Riyadh's rainy - day fund and increases domestic borrowing to fund public - sector salaries and large development projects.
We believe that GFI has room to take on $ 1.5 million — $ 4.4 million in additional funding over the next year.2, 3 We expect they would use additional funding to continue to expand, including hiring staff in each of their program areas and increasing their reserves as they increase in size.
Moreover, by keeping short - run interest rates near zero for more than seven years, paying interest on excess reserves (IOER) above the effective fed funds rate, and convincing markets that rates would stay low for a long time (forward guidance), the Fed has increased the reach for yield and appears more interested in priming Wall Street than in letting markets set interest rates and allocate credit.
So this increase in excess reserves, which as we noted above are the banks own demand deposits at the Fed and a substitute for cash, are akin to precautionary cash balances aimed at avoiding similar funding problems.
All improvements to Northfield Park are being paid for with the Park District's capital reserve funds and will not increase taxes, Smith said.
«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?
To reduce administrative costs, control reserve levels, and improve management practices, the Citizens Budget Commission recommends that the Office of the NYC Comptroller increase its oversight of union - administered benefit funds through the following actions:
One of the issues the head of government has said he will discuss is increasing the reserves available to the International Monetary Fund (IMF).
Additional increase in the District Assembly Common Fund votes to be reserved for the disabled.
Superintendents are lobbying state lawmakers for permission to establish local reserve funds that would cover future increases in pension costs.
Signed on Monday, the $ 2.7 billion spending plan — which calls for no tax increase in the county's general fund — calls for using nearly $ 33 million from the county's sewer stabilization fund, a reserve account created when Suffolk County taxpayers approved the Drinking Water Protection Program via referendum in 1987.
(4) This Act will increase the surplus in the Social Security Trust Fund, which should be reserved to strengthen the finances of Social Security.
The annual shortfalls after trust fund reserve depletion rise slowly and reflect increases in life expectancy after 2033.
The Assembly's one - house budget includes a $ 200 million reserve fund to help health care providers afford an increase in the statewide hourly minimum wage to $ 15, while the Senate's version doesn't address the wage issue at all, but does have a Paid Family Leave proposal.
The prime minister has said another issue he will discuss is increasing the reserves available to the International Monetary Fund (IMF).
Last month, Cuomo's chief labor negotiator said at a legislative hearing that there was no budgeted reserve for wage increases, and that «we're going to be looking at savings within the negotiations to help fund those.»
Meanwhile, Senator Bill Montford is saying it may be time to dip into the state's $ 3 billion in reserve money to supplement what he feels is a paltry per - student increase in funding.
Leggett said the imitations on increasing the tax levy means it is difficult to put more money into a capital reserve fund.
Peterside, who is also the Director General of NIMASA in a statement by his media team, said it was worrisome that governor Nyesom wike was seeking to repeal the reserve fund law when countries of the world were working hard to secure a sustainable future for their people through increased saving.
At the same time, a state aid increase and use of reserve funds helped the vast majority of school boards stay within the property tax cap.
The budget passed by the legislature also included a 0.8 percent property tax increase — costing the average homeowner $ 10 - $ 15 per year — to fund Nassau's sewer system, which is low on reserves.
But the budget was also notable for what was not included — mainly, the City Council Fair Fares plan, which would provide reduce priced MetroCards for low - income New Yorkers, a $ 400 million property tax rebate and an increase in the general reserve fund.
Mayor Bill de Blasio unveiled the first executive budget of his tenure on Thursday, a $ 73.9 billion spending plan that manages to fund his political priorities without widespread agency cuts or tax increases, thanks to higher - than - expected revenues and spending from two reserve funds.
An illegal war Uncontrolled immigration # billions leaking every year via new quangos Students (in England) now have to mortgage their futures to get to University 24 hour binge drinking breakdown of the family vast increase in licensed gambling External debt quadrupled to $ 11 Trillion making us the second largest debtor nation in the world after the USA at $ 12 Trillion (we may overtake them later this year) Pension funds pillaged for # 5Bn a year Gold reserves sold for a pittance Children leaving school unable to read or write NHS a basket case - 1 in 10 leave hospital sicker than when they went in.
«We have increased our international reserves, maintained relative exchange rate stability, reduced the debt to gross domestic product (GDP) ratio and the rate of debt accumulation, we have paid almost half of the arrears inherited, and, crucially, we are current on obligations to statutory funds,» the President said.
The agreement calls for increasing reserves to more than $ 3 billion while increasing General - Funds spending to just under 5 percent and all - funds spending to just under 6 perFunds spending to just under 5 percent and all - funds spending to just under 6 perfunds spending to just under 6 percent.
But despite the city's wariness about potential risks to the city's budget, de Blasio's spending plan does not increase the amount of money the city is setting aside in its reserves, funds set aside in the event of worst case budget scenarios.
However the fact he says Indiana does not have enough in its current budget for roads, that the state reserves would pay for two years of road funding need and he has believed that revenue for the roads should be tied to the source leads to speculation that Holcomb believes some tax increase will be necessary to pay for road funding.
The Council identified eight major priorities in its response: increased investment in city youth; investment in healthcare, education, jobs and legal services for immigrants; specific funding for the diverse communities; capital investment in infrastructure; creating a Rainy Day Fund and adding to existing reserves; baselining essential city services; expanding criminal justice, community support, and human services; and more accurately tracking city agency performance.
Many district officials plan to use their undesignated reserve funds to offset cuts and budget gaps, but they are still planning to increase tax levies and cut employees.
The findings are in line with other studies that suggest that cognitively stimulating activities can indeed increase cognitive reserve and delay cognitive decline in older age» says Anja Leist who is supported by a postdoctoral research fellowship of the National Research Fund Luxembourg.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
The projected deficit includes $ 75 million to partially reimburse the district's self - insurance funds, $ 59.9 million to restore and increase an emergency - reserve...
Specifically, the bill: (1) eliminates the standalone grant program, and (2) increases the proportion of title I - A funding that a state shall reserve for school improvement.
(Sec. 1014) The bill: (1) increases by 0.1 % the portion of title I - A funds that ED must reserve to meet the educational needs of Indian children and children in the outlying areas, and (2) specifies how such funds are to be allocated between the two groups.
Under ESSA, states must reserve at least 7 percent of their Title I, Part A funds for school improvement purposes, beginning in fiscal year 2017.61 Going forward, states and districts should focus on students» learning mindsets and skills as a lever for increased student achievement.
These additional adjustments include funds to restore the Self - Insurance Fund to the 2016 level ($ 8 million) and increase the financial reserve to the Board - required 3 % ($ 5.2 million).
Deep cuts to the budget were needed in order to rebuild the financial reserve to the state minimum, account for increasing expenses such as pensions, and prepare for flat or decreasing federal and state funding.
Changes to school funding, rising costs, declining reserves and increasing numbers of schools in deficit all indicate a need to ensure maximum efficiency and value for money across all areas of school budgets.
Increase funding allocations for existing programs including the per - pupil facilities allocation and the public charter school debt reserve.
Increasing foreclosure rates have decimated the FHA reserve fund to.53 %, about three quarters less than the mandatory minimum.
The reforms are also intended to strengthen Ontario's Pension Benefits Guarantee Fund by increasing its funding and reserves.
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