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 trill
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 trill
year 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 replaceme
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 replaceme
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 replaceme
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 replaceme
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 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 fund
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 fund
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 fund
year'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.»