Sentences with phrase «new fiscal years on»

He will assume office at the beginning of the new fiscal year on July 1, 2013.

Not exact matches

On a conference call to discuss RIM's fiscal third - quarter results in December, the co-CEOs revealed that their newest smartphone line, dubbed BlackBerry 10, will not be available until the latter part of the year.
The deal should not have a significant impact on Walgreens» adjusted earnings for the fiscal year ending Aug. 31, 2018, the company added, and it expects annual synergies from the new transaction of more than $ 300 million.
And there's a bruising fight with Congress over spending and the federal deficit on the horizon, just days after Obama and Congress averted the fiscal cliff with a last - minute deal over the New Year's holiday.
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.
Companies will have to start reporting the new pay ratio disclosures in the first fiscal year beginning on or after Jan. 1, 2017.
Zhou says the company is working on a tax loss harvesting service, which will be a way for users to realize a loss on their (taxable) accounts in order to offset gains in the new fiscal year, but declined to discuss any other paid features in the works or WiseBanyan's financials.
OMB's interim guidance, issued on February 2, 2017, explains that for Fiscal Year 2017 the above requirements only apply to each new «significant regulatory action that imposes costs,» and that «costs should be measured as the opportunity cost to society.»
The Main Estimates must be tabled on or before March 1st, prior to the start of the new fiscal year.
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.
The stronger yen has been threatening weaker profits for exporters, leading to downward pressure on wage negotiations typically conducted in spring ahead of the new fiscal year starting in April.
The benefit for the bond market in the fiscal improvement is clearly illustrated by the fact that, in the current fiscal year, the Government's net call on the bond market for new funds has been only about $ 4 billion, compared with $ 14 billion two years earlier.
Treasury Australia and New Zealand general manager Angus McPherson said Treasury's sales this fiscal year were «on budget» but declined to provide specific details.
The Peepul Capital - backed company aims to double its revenues to Rs 100 crore this fiscal as against around Rs 50 crore last year by entering newer geographies like tier - II cities and bringing on board new partners for their business to business (B2B) segment.
(Reuters)- New York's mayor and city council came to a handshake agreement late Thursday night for an on - time and balanced budget, of $ 75 billion, for the next fiscal year.
The development most certainly means there will be no budget in place by the start of the state's fiscal year as the Legislature remains divided on the key issue of raising the age of criminal responsibility in New York 18.
The 2017 legislative session saw the first budget to be approved after the start of the state's fiscal year since 2010 and ended without an agreement on re-authorizing mayoral control of New York City schools.
Case in point: New York state, where Comptroller Thomas DiNapoli announced last week that the $ 178 billion state and local pension fund ended its fiscal year March 31 with a minuscule return on assets of 0.19 percent, well short of its 7 percent long - term target.
Testimony of RuthAnne Visnauskas Commissioner / CEO of New York State Homes and Community Renewal Joint Budget Hearing of the Legislative Fiscal Committees on the Housing Budget for Fiscal Year 2018 - 19
Ten days before the start of a new fiscal year, House and Senate negotiators working to resolve differences in $ 30.5 billion spending plans are closing in on a fiscal 2012 budget agreement, according to one of the six conference committee members.
New York's fiscal year starts on April 1st.
Lawmakers passed a budget just ahead of a critical deadline on Sunday, when a new state fiscal year begins.
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.
The City Council voted Tuesday to adopt the city's $ 82.1 billion budget for Fiscal Year 2017 weeks ahead of the beginning of the new fiscal year, which starts on JFiscal Year 2017 weeks ahead of the beginning of the new fiscal year, which starts on JulYear 2017 weeks ahead of the beginning of the new fiscal year, which starts on Jfiscal year, which starts on Julyear, which starts on July 1.
Prior to last week's agreement, New York State was set to spend $ 1.2 billion on two other rebate programs this fiscal year.
A separate report by the Institute for Fiscal Studies has warned that the new system would hit working, single parents who would be over # 1,000 a year worse off on average.
Much the same can be said of the Common Retirement Fund, which feeds the New York State and Local Retirement System (NYSLRS), which ended its 2016 fiscal year on March 31 with essentially no gain at all.
This costly new tax rebate is predicated on the existence of a surplus in upcoming fiscal years.
In New York City, City Council hearings will continue on Mayor Bill de Blasio's preliminary fiscal year 2016 budget - once those hearings wrap up at the end of the month, the Council will craft its response to de Blasio, negotiations will continue, and the mayor
Testimony of James S. Rubin Commissioner / CEO of New York State Homes and Community Renewal Joint Budget Hearing of the Legislative Fiscal Committees on the Housing Budget for Fiscal Year 2016 - 17
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 governor and legislators are trying to agree on a roughly $ 155 billion spending plan by April 1, the start of New York's fiscal year.
One of the biggest sources of new revenue sources — Cuomo pegged it at $ 500 million in the next fiscal year — is a state tithe on the proposed sale of Fidelis, a health insurance company run by the state's Roman Catholic bishops, to St. Louis - based Centene.
Comptroller DiNapoli announced the findings of «The Prevalence and Cost of Asthma in New York,» a study which revealed that New York State spent $ 532 million in the last fiscal year on asthma - related Medicaid costs.
Yet when we look at the Executive Budget, we see that he as included over $ 800 million in new taxes and assessments on health care and health insurance, including $ 590 million within the Deficit Reduction Plan for the current fiscal year.
Cuomo's proposal will allocate $ 7 million to the Fiscal Year 2019 Executive Budget, an incentive for counties in New York to offer early voting 12 days before Election Day, giving voters eight hours on weekdays and five hours on weekends to cast their ballots.
New York City Mayor Bill de Blasio presents the city's Executive Budget for Fiscal Year 2019 at City Hall in Manhattan on Thursday.
Frank Mauro, Executive Director of the Fiscal Policy Institute discussed the relevance to this year's Congressional elections of Senator Daniel P. Moynihan's annual reports on New York State and the Federal Fisc.
The Dream Act would allow immigrants in New York to contribute more fully to the state economy, boosting longterm state's $ 1.5 trillion GDP by at least $ 1.8 billion a year, and increasing state and local tax revenues in New York by $ 62 million, according to a report released today by the Fiscal Policy Institute that draws on analyses from the Center for American Progress and... (read more)
Many legislative Democrats, seeking to block Gov. Cuomo's efforts to cut spending to close a projected $ 10 billion deficit, have hoped the «millionaires tax» on high earners, which expires Dec. 31, would be renewed to raise more than $ 1 billion in the new fiscal year.
In the end, Gov. Andrew Cuomo declared the budget on time, based on the passage of major appropriations bills that keep state government funded into the new fiscal year.
«It is interesting to note that on the same day the media is reporting that Governor Cuomo has made limiting retirement benefits for new state and city workers his top priority next year, it has also been announced that the Common Retirement Fund achieved a 14.6 % rate of return for the 2010 - 2011 fiscal year.
There is reason to be skeptical that New York will run a multi-billion dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday by Comptroller Tom DiNapoli's office.
It comes as the Scottish Parliament prepares to vote today (20 February) on the introduction of new rates and bands of income tax1 from April this year, which will result in further fiscal divergence between Scotland and the rest of the UK.
City Council Speaker Christine Quinn has pronounced any new property taxes proposed by the Bloomberg administration for the next fiscal year «dead on arrival,» in a Monday interview with New York Post reportenew property taxes proposed by the Bloomberg administration for the next fiscal year «dead on arrival,» in a Monday interview with New York Post reporteNew York Post reporters.
A deal on a fiscal year 2016 budget is due by July 1, when the new city fiscal year begins.
The state's new fiscal year begins April 1, and lawmakers will have to scramble to pass a budget on time.
The Senate's budget, quietly released early on Saturday morning, keeps Cuomo's proposals to remove $ 485 million in funding for the City University of New York and to shift the growth of New York City's Medicaid program back to the city government, which will have a $ 180 million impact in the coming fiscal year and will increase in future years.
Following the Queens Borough Board Budget Hearing, pursuant to Section 241 of the New York City Charter, the Queens Borough Board has submitted the following budget recommendations to the Mayor, City Council and the Director of the Office of Management and Budget on February 5, 2018 for Fiscal Year 2019.
New York state Gov. Andrew Cuomo and state lawmakers reached an agreement on fiscal year 2017 - 18 budget on Friday, forging a path toward legalizing ride - hailing services such as Uber and Lyft to operate in upstate New York and Long Island.
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