Sentences with phrase «of budget revenue»

It has a huge price tag in terms of budget revenue, however, so it's always the subject of great political wrangling, and sometimes brinksmanship.
The NY State Senate hired consultant for the Division of Budget Revenue Availability Conference said about 25 % of NY residents would pay higher Fed.
This is not good news for Stachowski, who has made quite a name for himself of late by refusing to vote in favor of the budget revenue bill until there's some sort of agreement on the SUNY empowerment plan that helps further UB's 2020 proposal.
In that sense, looking at spending in terms of efficiency is a useful way of assessing what it means to spend 30 % or 40 % of budget revenues on health care.

Not exact matches

In the analysis, the individual income and payroll section of the budget resulted in a $ 3.3 trillion revenue deficit.
Elliott declined to comment on Express's revenue numbers, users, or its budget (the latter of which Recode reported as $ 500 million per year in 2014).
The school used the Penn Wharton budget model to analyze the revenue impact of the House's most recent version of the Tax Cuts and Jobs Act, which was approved by the House Ways and Means Committee on Thursday and is set for a vote by the full House this week.
Starting with just a few hundred dollars and no marketing budget, Michael Epstein founded a manufacturer, distributor and retailer of consumer electronics that achieved a million dollars in sales in its first year and continued to expand, generating tens of millions in revenue.
Taking a page from the we'd - make - you - pay - for - the - toilet - if - we - could ethos of Europe's budget airlines, major carriers alike having begun exploiting new revenue sources — everything from early boarding to upgraded meal offerings.
Benchmarks vary by industry, but let's say you decide to budget a minimum of 5 percent of gross revenue.
Tumbling oil prices spell bad news, both for overall growth and the financial position of the government, which is reliant on tax revenues from its energy industry to fund the budget.
However, even in the absence of that one - time boost, the projected trajectory of revenues is such that by 2015 - 16 the budget should generate a surplus of over $ 700 million.
That was down on budgeted revenue of $ 32.2 million and largely a consequence of an 8 per cent drop in levies paid from residential construction.
Together, these revenue increases are projected to be sufficient to balance the budget in each of the next three years.
China's box office revenue is still swelling at double - digit rates after years of breakneck growth and, with Hollywood know - how and bigger budgets, Chinese movies are gaining momentum as they find ways to play on domestic themes and improve production quality.
Based on Alabama's 2012 athletic department revenue of $ 124.1 million (including donations), 4.5 % of the school's entire athletic department budget goes to Saban's $ 5.55 million salary.
Components of a Budget A budget should include your revenues, your costs, and — most importantly — your profits or cash flow so that you can figure out whether you have any money left over for capital improvements or capital expBudget A budget should include your revenues, your costs, and — most importantly — your profits or cash flow so that you can figure out whether you have any money left over for capital improvements or capital expbudget should include your revenues, your costs, and — most importantly — your profits or cash flow so that you can figure out whether you have any money left over for capital improvements or capital expenses.
The recent State budget confirmed the continued reliance of the State Government on the property industry for revenue.
The contractor is also a prime beneficiary of the White House's defense budget increase, as well as new arms deals with the likes of Saudi Arabia: Lockheed's stock price has risen some 26 % over the past year, handily beating the S&P, while revenue jumped 17 % in 2016.
Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.
With more square miles (kilometers) than Manhattan, Boston and San Francisco combined, Detroit didn't have enough tax revenue to reliably cover pensions, retiree health insurance and buckets of debt sold to keep the budget afloat.
A basic business budget contains four major numbers: projected sales and revenue; projected total costs of achieving that level of sales and revenue; the profit or loss from operations based on the two numbers above; and the cumulative total of profits and losses over time.
State revenues were down 2.6 percent this fiscal year, according to the National Association of State Budget Officers.
It took some painful cuts and some reorganization of state agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offbudget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget OffBudget Officers.
Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.
And, of course, a massive budget deficit because of a lack of alternative sources of revenue: Moody's noted that the country's gross borrowing requirements through 2019 will average 17 % of GDP, because much of the debt it issued during the boom times is falling due in the next two years.
The state is also suffering a major fiscal crisis that is impacting its budget, pension fund and tax revenue — and the capital city of Hartford is teetering on the brink of bankruptcy.
Two weeks after Redford's remarks, federal Finance Minister Jim Flaherty told reporters lower government revenues follow from lower commodity prices like «night follows the day,» meaning a hard line of spending as he approaches his own coming budget.
So the government is stuck between the rock of boosting its spending for 11MP goals and the hard place of keeping its budget deficit under control amid declining oil revenue.
New Premier David Alward presented his first budget in March, introducing a mix of spending restraint and new revenue generation.
The hemorrhage was particularly acute among states, many of which had little wiggle room to cope with sinking tax revenue because they have to produce balanced budgets every year.
Martin would be left with billions of dollars in unallocated revenue at the end of each fiscal year, which was first used to narrow the budget deficit, and then went toward the debt.
Eliminating the state and local tax deduction would raise about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax cuts from creating a massive increase in the federal budget deficit.
Even as many businesses look to shrink their travel budgets, the top 20 % of an airline's customers can still account for as much as 70 % of its revenue.
«They could choose to spend a part of that, and still have a lower deficit than we have in the budget, financed in part through higher revenues,» Perrault said.
Juno, with a budget of $ 6.5 million, went on to gross 35 times that in earnings, and Little Miss Sunshine, which cost $ 7.7 million to make, earned more than $ 100 million in revenues.
The budget process begins and ends with a detailed and organized system that projects annual spending in various categories and then uses these spending amounts to determine the amount of revenue needed to pay for the spending, leaving enough at the end of the year for a profit.
Last month, Governor Jack Dalrymple called for a decrease in the state budget, since tax revenues are down and the budget outlook for the state is different from two years ago, when the price of oil was topping $ 100 per barrel.
But possibly the most significant and ambitious goal in Vision 2030 is to wean the kingdom's economy off of oil exports, which accounted for roughly 87 percent of total budget revenues as of December 2016.
In addition to the tax measures outlined in Chapter V: A Fair and Efficient Tax System, the 2014 Budget measures include net revenue gains of asset optimization (discussed in Chapter I, Section E: Making Every Dollar Count) totalling $ 0.9 billion in 2014 — 15 and $ 1.0 billion in 2015 — 16, and the revenue implications of the proposed removal of the electricity Debt Retirement Charge cost from residential users» bills (discussed in Chapter I, Section D: Fostering a Fair Society).
The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of the Better Care Reconciliation Act of 2017, a Senate amendment in the nature of a substitute to H.R. 1628.
The Congressional Budget Office estimated that only allowing deductions that exceed 2 percent of adjusted gross income (AGI) would increase federal revenue by more than $ 15 billion a year.
Spending and revenue targets set in the annual budget resolution are enforced by points of order, which any member of Congress may raise against legislation that is inconsistent with those targets.
Revenues are lower than projected in the 2013 Budget due to slower economic growth, a lower tax base and lower Government of Canada transfers.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
From all three perspectives addressed in the review, Drummond concluded that «the Ontario Ministry of Finance revenue forecast is a sound basis for budget planning.»
Tim O'Neill, the former Bank of Montreal chief economist hired by the B.C. government to review the revenue projections in the most recent budget, found no problems with the plan to include asset sales.
Before the impact of new revenue measures, the revenue outlook in the 2014 Budget is $ 2.9 billion below the 2010 Budget projection in 2013 — 14 and $ 8.8 billion below by 2016 — 17.
The provisions of Chapter 11 of the U.S. Bankruptcy Code allow businesses to find ways to reduce their debt and restructure their operations without having to be shut down and liquidated to satisfy debts — instead of closing their doors, businesses can stay open, pay their employees, and take in revenue while developing a budget and a repayment plan for creditors (subject to the approval of the bankruptcy court).
«Mark - Up of H.R. 3996, The Temporary Tax Relief Act of 2007 and H.R. 3997, The Heroes Earnings Assistance and Relief Act of 2007,» Hearing Before the Committee on Ways and Means, United States House of Representatives, November 1, 2007; «Baucus, Grassley Tackle Alternative Minimum Tax Relief on First Day of 110th Congress,» Press Release, January 4, 2007; «Easing the Family Tax Burden,» Hearing Before the Committee on Finance, United States Senate, March 8, 2001; «Revenue Proposals and Tax Cuts in the President's Budget,» Hearing Before the Committee on Finance, United States Senate, February 28, 2001; «President's Tax Relief Proposals: Individual Income Tax Rates,» Hearing Before the Committee on Ways and Means, House of Representatives, February 13, 2001; Jerry Tempalski, «The Impact of the 2001 Tax Bill on the Individual AMT,» National Tax Association Proceedings: 94th Annual Conference on Taxation, November 10, 2001.
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