Sentences with phrase «new budget year»

He said the decline is actually part of a larger trend, and that Cuomo's budget division already has projected tax collections for the new budget year will be lower than previously expected, by about $ 1.5 billion.

What do you do on day one of the new budget year when you don't have that $ 485 million?»

State Sen. Liz Krueger, who called Cuomo's proposal a «cut» to CUNY's budget, asked Milliken: «What do you do on day one of the new budget year when you don't have that $ 485 million?»

The new budget year began Oct. 1 without agreement on appropriations bills.

He says the decline is actually part of a larger trend, and that Governor Cuomo's budget division's projected tax collections for the new budget year will be lower than previously expected, by around $ 1.5 billion.

Vos said he was still optimistic the spending plan could be passed by July 1, the start of the new budget year.

Congress is not expected to finish its work on the 2018 spending bills by the start of the new fiscal year, and is likely to extend current spending levels into the new budget year through a continuing resolution.

Data requested by the Herald / Times and provided by the Florida House now provides a look at the statewide impact of that fiscal policy, which takes effect when the new budget year begins Saturday, July 1.

Those documents indicate that even if CPS tapped the entirety of a $ 500 million line of short - term credit, akin to a district credit card, it still might not have enough money to cover all the bills coming due by the end of the month, meaning it will start the new budget year July 1 with past - due bills and an empty checking account.

Unemployment is at its highest level since 1996, the state has been bleeding jobs by the thousands and both state and local governments are looking at massive layoffs for the new budget year.