Sentences with phrase «new fiscal year does»

Although the state's new fiscal year does not begin until Sunday, Cuomo and lawmakers were working to complete work on the new budget before the onset of the Passover holiday Friday evening.

Not exact matches

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

Any budget must receive two - thirds support from the Democrat - controlled state legislature, meaning the Republican governor has plenty of negotiating to do before July 1, when the new fiscal year begins.

And perhaps most critically: Lululemon is aiming to shake off a stock market slump after it reported disappointing financial targets for the new fiscal year, mostly blaming a soft performance for the company's e-commerce channel because it didn't feature enough bold colors.

Congress needs to pass a new one for the new fiscal year and President Trump has actually been fairly explicit that he may want to shut down the government if he doesn't get some border wall funding and some other things that he wants.

• The character and integrity of those with whom you are doing business • Changing technology as it impacts industries (including the banking industry) • Future changes in the law or even how the law might be interpreted differently 10 years from now • Deteriorating international competiveness (as what happened to our tax code) • Emerging competitive threats • Changes in industrial structure; e.g., new sources of competition • Political influence and unexpected litigation • Public sector fiscal challenges, demographic changes and challenges managing the nation's healthcare resources

Budget balance has been achieved despite a slowing economy and new tax cuts mainly by doing almost nothing new on the spending side for the coming fiscal year of 2015 - 16.

THERE»S A NEW school of thought about the deficit, which exceeded $ 1 trillion for the fourth straight year in fiscal 2012: Don't worry, be happy.

Salamanca, which started a new fiscal year April 1, did not include any casino revenue in its $ 9.1 million budget, City Clerk Tracy Chamberlain said.

New York State does not have a revenue problem, Adams said, pointing to data from the state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory fees.

The New York State Association Of Counties released its to - do list of budget priorities for the coming fiscal year, with the local government officials backing a variety of measures aimed at easing the burden on municipal - level officials and taxpayers.

The poll found 49 percent believe Cuomo did the right thing by agreeing to the budget so it could pass by the start of the new fiscal year, compared to 40 percent who believe he should have held out for more.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

As in years past, there is always a chance that the budget is not done until after the new fiscal year begins April 1.

While Gov. Andrew Cuomo has lauded the program as a departure from the secretive «pork barrel» spending of the past — «It's a waste of money, we did it for a lot of years, it failed,» he told Politico New York in February — the program has come scrutiny by lawmakers and fiscal watchdog groups as at best, overly optimistic and at worst, lacking oversight and tainted by scandals that have marred other economic initiatives, including the Buffalo Billion.

City Hall didn't put a cost on the entire revised 421a plan — now known as «Affordable New York» — which reportedly cost the city $ 1.2 billion in Fiscal Year 2016.

Like the federal government, New York State does not operate on a January to December fiscal year.

BY PAUL SCHINDLER Despite a concerted drive in recent weeks by advocates and elected officials, Governor Andrew Cuomo's Executive Budget for the fiscal year beginning April 1 does not include appropriation of funds to ensure that New Yorkers living with AIDS and receiving government rental assistance will have the effective rent they pay capped at -LSB-...]

Despite Pataki campaigning against the New York State practice of not adopting an ontime budget by the start of the April 1 state fiscal year for over a decade, Pataki's first 10 years in office did not see the adoption of an ontime budget.

The new fiscal year started July 1, but Connecticut still does not have a state budget as lawmakers have remained gridlocked while the state faces a $ 3.5 billion deficit over the next two fiscal years.

The GOP - controlled Senate put the idea in its March budget proposal, but the effort did not hit the negotiating table at the most senior levels until March 31 — one day before the new fiscal year, according to sources close to the budget talks.

«Unfortunately the Legislature's last best offer does not take sufficient action to restore New York state's long - term fiscal stability and does nowhere near enough to address next year's budget deficit,» Paterson said in a statement.

«If you spend $ 1.7 billion, New Yorkers expect us to be doing a lot better than we are,» Stringer said in an analysis of the city's preliminary fiscal - year 2017 budget.

The wealthiest 1 percent of city residents has 44 percent of all income in New York, nearly four times as much as they did just 30 years ago, according to the Fiscal Policy Institute.

April 1, the start of the state's new fiscal year, has come and gone and New York doesn't have a budget or anything close to a consensus on how to close its $ 9.3 billion deficnew fiscal year, has come and gone and New York doesn't have a budget or anything close to a consensus on how to close its $ 9.3 billion deficNew York doesn't have a budget or anything close to a consensus on how to close its $ 9.3 billion deficit.

«The self - proclaimed progressive Cuomo administration is now cozying up to the same ultra-conservative Tax Foundation that a year ago it bashed as a right - wing think tank that manipulates data — which seems to be exactly what the Cuomo administration is trying to do,» said Ron Deutsch, executive director of New Yorkers for Fiscal Fairness.

The governor didn't mention those proposals during his speech Wednesday; the budget plan must be approved by the state Legislature before the new fiscal year begins April 1.

With the clock ticking toward its new fiscal year, the NFTA continues to study how to close a reported $ 5 million budget gap, something that, by law, it is required to do.

Walcott testified that the mayor was «outraged» that the state did not come through with the city's fair share of aid for next year and froze additional funds that were supposed to come to New York City schools as a result of the settlement of the Campaign for Fiscal Equity school aid lawsuit.

[BOX 3: Grants and Contracts] Financial Statements, 1957 - 1959 Financial Reports, 1957 - 1959 Financial Statements, 1958 Financial Reports 1960-1961 1962 1963 1964-1965 1966-1967 Report on Review of Source Data Preparation for Accounting Purposes, Oct. 1961 AAAS Budgets, 1968 - 1969 Financial Reports, 1968 - 1969 Financial Statements and Accountant's Opinion, 1969 Financial Statements and Accountant's Opinion, 1970 Financial Reports, 1970 - 1971 Financial Reports, 1972 Financial Reports from Operations, 1979 Budget Proposal for Fiscal Year 1974 and Projections to 1963 Report for Examination of Financial Statements and Additional Information, 1983 - 1984 Closed out Funds and Stocks AAAS Grants Committee, 1955 AID Audit - Mexico City, 1974 Asia Foundation, 1955 - 1975 Boston Concerts Carnegie Corp. - Grant to AAAS for Science Teaching Improvement Program Graham Chedd - Contract [3 folders], 1973 - 1977 DOS - AID Irene Tinker, 1973 - 1977 RISM Research for the Study of Man, 1973 - 1977 Smithsonian, 1971 - 1977 Audit, 1973 - 1977 Close Out, 1976 - 1978 GE Grant - Regional Consultants on Science Teaching, 1956 Gordon Marshall, Exhibits Contract, 1952 National Endowment of the Arts, 1973 NSF Grant - Soviet Science, 1952 Training Talented Students, 1955 Travelling High School Library, 1956 Gordon Conference on Teacher Education, 1956 Junior Academies Workshop, 1957 Proposal to NSF for Development of Science Teaching Materials for Elementary and Junior High Schools, 1961 Progress Report to the NSF on the Holiday Science Lecture Program, 1963 Proposal to the NSF for 1964 Visiting Foreign Staff Project, 1963 NSF - US - Japan Comparative Science Program, 1963 NSF - US - Japan Cooperative Science Program, 1964 WGBH, 1972 Willis Shapley, Contract Agreement, Oct. 1978 DHEW - Barrier Free Meetings, Oct. 1977 CBS News - Conquest Program Series, 1959 MISCO Contract - original, 1972 Basic Books Publishing - New Roads to Yesterday, 1963 - 1966

From the Hartford Courant: Frustrated plaintiffs in the Sheff v. O'Neill lawsuit accepted a new agreement Friday to continue desegregation efforts in Hartford, asking a judge to approve a one - year extension that does little more than maintain the status quo during the state's fiscal troubles.

Did you know: The Japanese fiscal year begins in April, which has led to some theories that Japanese electronics are discounted in the spring months as these companies try to clear out the previous year's stock to make way for new items.

Entering into a new fiscal year, mortgage departments don't feel as much pressure to plump up their client numbers and this, typically, allows them to raise rates — even slightly.

The Bank's decision did not however, reflect complacency with the state of the Canadian economy, bur rather a hand - off to the much ballyhooed fiscal stimulus in the coming year by the new Liberal government.

The funds are new, and therefore, the Committee did not meet with respect to the funds during the most recent fiscal year.

Interestingly, Capcom expects to sell 7,400,000 units of games launched this fiscal year, which is about four million less year - on - year (apparently, they don't expect the new games to be as strong as Monster Hunter World), but sales of games launched in previous fiscal years should increase by 6.6 million units.

While Ubisoft did not reveal any new information about the four major titles that will be released for its fiscal year 2017, previous reports shed light on what the games will be all about.

One last thing: apparently, the new funding agreements that require signing before the end of the fiscal year if bands do not want their funding to be interrupted «include a clause that prohibits challenging [federal] legislation through the courts.»

It did not open any new Barnes & Noble stores that fiscal year.

Other causes contributing to uncertainty in the marketplace include the looming «fiscal cliff» that will trigger mandatory budget cuts and tax increases at the beginning of next year, pending Dodd - Frank Act regulations that are making financial institutions hesitant to lend since they don't know how the new rules will affect them, tax reform, and the future role of Fannie Mae and Freddie Mac in the nation's housing finance system.