Sentences with phrase «middle of a fiscal year»

Currently, if the governor wants to cut the funds in the middle of a fiscal year, each chamber of the legislature must approve by a two - thirds vote.

Mr. Salazar explained that because the cuts would take place in the middle of the fiscal year, their impact is effectively doubled.

Not exact matches

And this Al - Monitor (a media site focused on Middle East which was accused of following «the agenda of the Iranian and Syrian governments and Hezbollah») article details a bit more the military budget and the growing trend of Iran's military spendings, although it does not state the current total defense budget and its numbers are considerably lower than SIPRI's for the past years, maybe because the fiscal year used in this article begins near 20th March:

Heastie, too, echoed what Gov. Andrew Cuomo has claimed: Extending tax rates on those making $ 1 million and more due to expire at the end of the year is needed to generate revenue for a phased - in middle class tax reduction taking effect in the coming fiscal year.

Built on a foundation of fiscal responsibility, this year's budget makes clear he will not stop fighting for the middle class and for Upstate New York.

To Equip Classrooms with SMART Boards, Laptops, Other Instructional Tools QUEENS, NY — Borough President Melinda Katz announced an allocation of over $ 5 million of her Fiscal Year 2016 discretionary capital funds to provide SMART Boards, laptop computers and other tech devices to public elementary and middle schools in the borough.

Regarding mid-year fiscal hits, Heastie said that «if spending changes have to happen in the middle of the year he'll have to come and speak to the Legislature.»

«This year's budget raises up the middle class and advances our progressive values, all while continuing our record of fiscal discipline,» Cuomo said.

This cutback occurred in the middle of the year and is therefore having a disproportionate effect on the remainder of the fiscal year.

The reductions come in the middle of the state fiscal year that ends...

Malloy administration officials are so excited about the notion of a budget surplus that they are talking about proposing a targeted election year tax cut to win over middle - class voters even though the state faces a projected $ 3.2 billion combined deficit over the three fiscal years following this year's election.

It was right in the middle of the Holiday shopping season and perilously close to the end of their fiscal year (which is the end of March each year).

For example, if you incorporate in the middle of the calendar year but do business as a sole proprietorship before your incorporation effective date, you'll likely have to make two separate tax filings for the fiscal year: one for your sole proprietorship and the other for your freshly incorporated entity.