Sentences with phrase «next fiscal year as»

The governor announced Tuesday during his annual budget address plans to allocate $ 100 million for pre-K next fiscal year as part of the phase - in package.
He promised a return to advertising growth in the next fiscal year as well as «continued strong growth» in affiliate revenues.

Not exact matches

In China, Amazon has nothing on the incumbent, Alibaba (baba), which is on track to grow sales 35 % in the next fiscal year after a 60 % rise this year (the latter is twice as fast as Alphabet's growth).
Federal spending cuts scheduled to begin next week would slow economic growth in the next year, though not nearly as much as going over the fiscal cliff might have, economists say.
The next column gives the projections for the current month as they appeared in the budget at the start of the fiscal year.
As the House and Senate move forward in considering the Fiscal Year (FY) 2018 budget over the next few weeks, the Republican Study Committee (RSC)...
«If you get the fiscal drag as growth slows, you're close to zero growth next year,» he said.
As part of the changes to the budgetary process in 1994, four private sector forecasting organizations [2] develop detailed fiscal projections on a National Accounts basis, based on the average of the private sector economic forecasts and the tax and spending policies in place at the time of the last budget for the next five years.
While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.
As the House and Senate move forward in considering the Fiscal Year (FY) 2018 budget over the next few weeks, the Republican Study Committee (RSC) continues to tout its alternative, which aims to balance the budget in six years and reduce the ten - year deficit by $ 9.1 trillYear (FY) 2018 budget over the next few weeks, the Republican Study Committee (RSC) continues to tout its alternative, which aims to balance the budget in six years and reduce the ten - year deficit by $ 9.1 trillyear deficit by $ 9.1 trillion.
As a long - term strategy, Apple has started preparing itself for the next fiscal year; The company is expected to launch the iPhone X in a new colour, may cut prices of the upcoming iPhone models and launch the much awaited 6.5 ″ iPhone X at the beginning of fiscal 2019.
As an alternative, House Republicans have floated the possibility of adopting a Fiscal Year (FY) 2017 budget resolution early next year (since Congress failed to adopt a FY 2017 budget resolution last year) to include reconciliation instructions for repealing (and possibly replacing) much of the ACA, while adopting a FY 2018 budget resolution later next year that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacemeYear (FY) 2017 budget resolution early next year (since Congress failed to adopt a FY 2017 budget resolution last year) to include reconciliation instructions for repealing (and possibly replacing) much of the ACA, while adopting a FY 2018 budget resolution later next year that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacemeyear (since Congress failed to adopt a FY 2017 budget resolution last year) to include reconciliation instructions for repealing (and possibly replacing) much of the ACA, while adopting a FY 2018 budget resolution later next year that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacemeyear) to include reconciliation instructions for repealing (and possibly replacing) much of the ACA, while adopting a FY 2018 budget resolution later next year that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacemeyear that includes reconciliation instructions for tax reform (and possibly some mandatory spending changes, perhaps from Medicare reform, other mandatory savings assumed in the budget resolution, and / or some ACA replacement).
As earnings for next year are often within sight and can be estimated with some confidence (though this certainly varies among firms), calculating the price - to - earnings ratio, in our opinion, is of far greater importance than worrying about whether a firm will beat or miss earnings in its next fiscal year.
Alstom, a French maker of natural - gas turbines and high - speed trains, said its operating profit margins will fall in this fiscal year and next, having previously said the margins would improve, as its cash flow turns negative.
We caught up with Paterson at the Capitol in San Juan last night, and he didn't take kindly to the suggestion that the legislation he says must be addressed prior to the end of the calendar year could just as easily be taken up before the end of the fiscal year (in other words, next April).
So we support the IMF's call, consistent with medium - term fiscal consolidation, for the Government to act to boost capital spending over the next two years — financed by a temporary rise in borrowing as Labour has also urged - to build our way to a stronger recovery.
Cuomo's proposed $ 145.3 billion plan includes billions for these capital outlays, but was balanced by $ 485 million in contributions that Cuomo wants Mayor Bill de Blasio to direct toward CUNY as well as $ 180 million this fiscal year and $ 476 million next year in additional Medicaid costs.
We may learn if his reforms fly over the next few days, as a budget deal is finalized for the fiscal year that begins Wednesday.
A vote on repealing «Don't Ask, Don't Tell» as part of major defense budget legislation could take place next week during the Senate Armed Services Committee markup of the fiscal year 2011 defense authorization bill.
The board had convened to discuss the island's post-hurricane fiscal plan, as well as outline labor proposals for the next several years.
Overall, however, the state expects to collect more Medicaid money from Washington in the next fiscal year than in the current one, even as enrollment remains virtually flat.
* The relevant language reads as follows: Quarterly, throughout the fiscal year, the governor shall submit to the comptroller, the chairs of the senate finance and the assembly ways and means committees, within thirty days of the close of the quarter to which it shall pertain, a report which summarizes the actual experience to date and projections for the remaining quarters of the current fiscal year and for each of the next two fiscal years of receipts, disbursements, tax refunds, and repayments of advances presented in forms suitable for comparison with the financial plan submitted pursuant to subdivisions one, four, and five, of section twenty - two of this article and revised in accordance with the provisions of subdivision three of this section.
As CapCon's Jimmy Vielkind explains, the $ 500 million is a «dry» approrpiation, which means it's not expected to flow until the next fiscal year.
New York's expected budget gap is growing larger — a more than $ 4 billion deficit heading into the next fiscal year now poses a challenge for Governor Andrew Cuomo and state lawmakers as they prepare to run for re-election.
«The comptroller is really looking at, as we move into next year, whether or not the tax cap, which is at its lower point ever for school districts for the upcoming fiscal year, for 2016 - 17, to see the impact of that and whether or not if forces more districts to spend down that fund balance, to rely on borrowing, and if the impact does push anybody else into fiscal stress next year,» Butry says.
As for next year's fiscal stress scores for all the school districts, Butry says the comptroller has his eye on a particular issue.
Lawmakers have plenty to work on in the next few weeks leading up to the start of the state's fiscal year, including whether to pass a minimum wage hike as part of the state budget.
On or before the fifteenth day of August in each year, or such earlier date as the Budget Director may prescribe, the head of each administrative unit authorized agency shall furnish to the Budget Director an estimate of revenues and expenditures for the respective administrative unit or authorized agency for the next ensuing fiscal year, exclusive of capital projects.
The modification of WCB assessment criteria will eliminate the requirement for the State Insurance Fund to hold reserves for assessments; as a result, the Executive Budget proposes to direct SIF to release $ 1.75 billion in reserves to the state to support its capital plan over the next four fiscal years.
Includes Next Generation NY Job Linkage Incentive Fund, and provides that for the 2013 - 14 community college fiscal year, programs that confer a credit - bearing certificate, an AAS or AOS shall demonstrate that they are preparing students for current and future job opportunities by partnering with employers (note: there is no wording directly linking aid to such partnerships, as there was in the original executive budget).
Last night, he told WBFO News he plans to spend the next four years as the county's chief fiscal watchdog.
Assembly Speaker Sheldon Silver held an event in New York City on Monday identifying the DREAM Act as a top priority for his conference, asking for $ 25 million in next fiscal year's budget, «a relatively small amount of money,» he said.
As Gov. Andrew Cuomo presents his budget for the next fiscal year Tuesday, a prospective Republican challenger says legal marijuana is a key way to ease the state's fiscal crisis.
The charts below illustrate the deteriorating fiscal outlook as measured by the traditional budget gaps calculation (showing the growth in next year's gap, from $ 1.8 billion in April plan to $ 4 billion in the July plan) and the governor's alternative measure, assuming spending is held to 2 percent (showing a flip from a $ 692 million «surplus» as of April to an $ 841 million gap as of July).
At 10 a.m., members of the NYC Council's Committee on Governmental Operations hold a preliminary budget hearing to discuss the mayor's budget proposals for the next fiscal year, and examine spending during the current fiscal year by eight city agencies, boards, commissions, departments and offices, as well as community boards; Committee Room, City Hall, Manhattan.
So far the project has been allocated $ 30,000 in funding by local Councilman Carlos Menchaca for next financial year and they are working with Friends of Community Board 6 as a fiscal sponsor, Baker said.
Wright, however, said she is budgeting for a loss of about $ 3.6 million over the next three fiscal years as the Land Bank more aggressively targets houses for renovation or demolition and begins to unload the thousand properties it currently owns.»
Mr. Cuomo had an opportunity to send a message to taxpayers that he was serious about fiscal reform; instead he sent a message to the public sector unions that they can expect business as usual in Albany next year
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.
As the state and federal governments continue to pursue policies that threaten the city's fiscal future, Mayor Bill de Blasio again said he is investing in making New York City the «fairest big city in America» as he proposed spending $ 88.67 billion for the next city fiscal year, which begins July As the state and federal governments continue to pursue policies that threaten the city's fiscal future, Mayor Bill de Blasio again said he is investing in making New York City the «fairest big city in America» as he proposed spending $ 88.67 billion for the next city fiscal year, which begins July as he proposed spending $ 88.67 billion for the next city fiscal year, which begins July 1.
Crucially, the governor's initial State of the State speech came more than a week before he is due to release his Executive Budget for the next fiscal year, which throws much uncertainty into the mix as to how he proposes to pay for his ambitious proposals and whether the budget will include any surprise announcements.
Financial challenges have been at the forefront of lawmakers» work this session as the state faced a mounting budget deficit that's now projected to be close to $ 1 billion for the next fiscal year that begins on July 1.
Cuomo has said that he could flip what is currently projected as a $ 1.7 billion deficit for the next fiscal year into a $ 2 billion surplus by 2016, provided he can hold state spending growth to two percent or less.
As of August 2011, the state legislature had not granted the requested approval for establishing a PBC, and the county had to issue a $ 17.8 million deficiency note for which the taxpayers are liable next fiscal year.
Next year, as part of the Fiscal Year 2017 Capital Budget, Borough President Katz plans to use additional capital funds to provide tech funding to all of the Queens public elementary and intermediate schools that were not included in this year's round of fundyear, as part of the Fiscal Year 2017 Capital Budget, Borough President Katz plans to use additional capital funds to provide tech funding to all of the Queens public elementary and intermediate schools that were not included in this year's round of fundYear 2017 Capital Budget, Borough President Katz plans to use additional capital funds to provide tech funding to all of the Queens public elementary and intermediate schools that were not included in this year's round of fundyear's round of funding.
As moderator of a two hour discussion on the states» fiscal crisis, I asked each of the governors, many of whom are leaving office early next year.
Outgoing mayor Michael Bloomberg announced last week that he handed de Blasio a balanced budget for the next fiscal year — but critics have pointed to the 152 outstanding contracts and back pay demands the new mayor will inherit as a massive budget gap that could await the new administration.
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.
There will certainly be a negotiation next year — and it may be as disruptive as this year's negotiations, spilling well past the start of the fiscal year — but odds would seem to favor Congress limiting the size of the spending drop, if not avoiding it altogether (even if the White House plays hardball).
Earlier this year David Van Essen, president of the Society for Neuroscience (SfN), strongly urged the US House and Senate appropriations subcommittees on labor, health and human services as well as on education to increase NIH funding by 6.7 percent per year for each of the next three fiscal years, stating that this is needed «to ensure that our best and brightest young people will enter the field and continue to make neuroscience research advances.»
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