Sentences with phrase «new state revenue source»

DiNapoli said that the state could fulfill that commitment by using MTA bonds supported by an existing or new state revenue source.

Not exact matches

Lundbeck hopes the new antidepressant - vortioxetine - will provide a new source of revenue as its key anti-depressant, Cipralex, sold as Lexapro in the United States and Japan, comes off patent protection.

When voters in four U.S. states — Colorado, Washington, Alaska and Oregon — approved recreational marijuana sales, part of the appeal was the promise of a new revenue source to buoy cash - strapped cities and states.

Sources close to Cuomo say he fears the notoriously aggressive and egocentric Spitzer would use the position of comptroller to settle old political scores with the governor, second - guess the new mayor, and wage a public - relations war against Wall Street, the single greatest source of revenue to the state.

In some instances, the federal stimulus plan could make our financial problems worse, by providing temporary financial support for permanent increases in our base - line health care and education spending, that eventually will need new, state - level sources of revenues to support.

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.

Such capital budget shall indicate debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the recommended sources of all proposed capital financing including, but not limited to, capital reserve fund, sinking funds, current revenues, temporary borrowing, bond sales, federal and state grants, loans or advances.

«New York is one of the most dependent states on income tax revenue and it's arguably one of the most volatile source of income tax revenue because of our reliance on Wall Street,» said Ken Girardin of the Empire Center for New York State Policy.

Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Andrew Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.

The last new revenue source was the payroll tax that the state Legislature enacted in 2009 and that has been modified several times since to mollify Hudson Valley and Long Island counties in the MTA's service territory.

ALBANY — Even with New York facing a multibillion - dollar deficit, state legislative Democrats are calling on Gov. Cuomo to include a «fair and sustainable» revenue source for the cash - strapped MTA in his upcoming budget proposal.

«If the state is going to create a new source of revenue, then sharing that revenue with the counties is a good thing.»

«On the other hand, it should be noted that New York City is the primary source of surplus state revenues — largely generated by the income tax on high earners (the so - called «millionaires» tax»)- but New York City residents do not directly benefit from the commission's proposed use of $ 1 billion of this surplus for property tax reductions for suburban and upstate New Yorkers.

Gov. Andrew Cuomo and the state Legislature have finally found a new revenue source for the MTA: the app - based for - hire vehicles that serve more than 600,000 riders every day, most...

As multiple news media sources have reported, Martin Babinec started his attempt to be elected in a plea to the Herkimer County Republicans to endorse him even though he was not a Republican, was a supporter of Hillary Clinton, and supported Gov. Andrew Cuomo — who not long ago demanded that Conservatives and Republicans leave the State (600,000 people have left New York, along with $ 5.4 billion in tax revenue, under Gov. Cuomo).

With the state facing a possible $ 3.5 billion deficit and New Yorkers facing uncertainty from the federal government's support for services, we must work together to find additional revenue sources.

Advocates say the drilling will open up untapped sources of fuel and revenue for the state, and have pushed to use hydrofracking to mine New York's section of the Marcellus Shale, where the city gets its drinking water.

Community colleges in New York State have three principle sources of revenue: state aid, student tuition and host county property tState have three principle sources of revenue: state aid, student tuition and host county property tstate aid, student tuition and host county property taxes.

The individuals who attend our higher education programs share concerns about how to generate new and different sources of revenue beyond traditional state funding.

When the economy turns south, school districts do not cut the fat but push for new revenue sources: more state aid, money from gamblers, fees for services, and now a federal bailout.

The specific solutions would vary by the state, but the important thing would be finding a new source of revenue to pay off pension debts.

Because more than 90 percent of school revenues come from state and local sources, lawmakers worried that districts would play a shell game with new Title I funds — transferring a dollar of local resources to rich schools from poor ones for every new federal dollar earmarked for poor schools that arrived.

Proposal A created a new system that reduced the disparities by combining local and state tax revenue in a complex per - pupil funding source called the «foundation allowance.»

I think this is in part because it looks like «free money,» in that it allows him to ask to put more state money into schools without asking for new revenue sources via tax reform or something like Penny for Kids.

It seems that we have a perfect storm of various groups pushing for such legislation — oftentimes with ulterior motives, such as eventually instituting overall pet sale bans — and regulators eager to find new sources of revenue to help prop up struggling state and local governments.

By investing in clean, renewable energy sources, water utilities can better adapt to changing conditions while creating new revenue streams, protecting their customers from electricity price volatility, and enhancing the state's efforts to reduce global warming pollution.

This type of tax has become an easy option for budget - strapped states looking for new revenue sources.

Minnesota is one of a handful of states in which lawmakers are mulling a sales tax on professional services as they search for new revenue sources.