That's too bad, because what arts education needs in a time
of fiscal crises are fewer advocates and more entrepreneurs.
The media continually parrot the claims of widespread
fiscal crises in the nation's school districts.
But faced
with fiscal crises and achievement gaps of their own, public school districts are also thinking twice.
While other systems were being devastated
by fiscal crises, their schools could boast a balanced budget.
Despite the
looming fiscal crisis, sectors that depend on the state for money are already making the case for why they need more aid in 2018.
We are willing to accept short - term hardships for what may very well be a short -
term fiscal crisis.
The next
government fiscal crisis is boiling over in counties and municipalities, and taxpayers again are catching the heat.
This report examines the issues that contribute to the mounting debt and the steps needed to
avoid fiscal crisis.
Other benefit models can provide public employees with retirement security without threatening to crowd out vital services in a
future fiscal crisis.
Education officials acknowledged the state's
dire fiscal crisis and that layoffs would be necessary, but said waivers from mandates would help minimize job losses and impacts on students.
Even when people look beyond the handling of that extreme
fiscal crisis now solved, they now see the permanent foundation of prosperity laid out.
Will the
emerging fiscal crisis accelerate the educational crisis that is leaving American students ever further behind the skill level it takes to function in the modern economy?
Interest rates are low throughout the developed world, except in countries
experiencing fiscal crises, as central banks and other policymakers try to cope with continuing financial strains and weak economic conditions.
It's also one of the only expenditures where increased funding is almost guaranteed year after year, even in times
of fiscal crises.
Our findings are an important step in understanding how recessions and fiscal policy affect school finances and inform future policy decisions relating to school finances
during fiscal crises.
Considering the historic
fiscal crises facing many states, it is significant that family planning escaped major reductions in nine of the 18 states (CO, CT, DE, IL, KS, MA, ME, NY and PA) where the budget has a specific line - item for family planning.
Having governed through the worst
state fiscal crisis in six decades, the governors attending this weekend's meeting of the National Governor's Association were more than willing to talk about it.
In 2014, New York City refinanced its more than $ 2 billion in debt left over
from fiscal crisis of the 1970s.
Option (e) remains extremely risky given the massive levels of outstanding government debt (and potential
for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.
Paterson's plan - a $ 1.60 - a-pack increase on cigarettes, a parallel hike on other tobacco products and a renewed commitment to attack rampant tax evasion by Indian retailers - is a fitting response to a
major fiscal crisis with the side benefit of giving people more reasons not to smoke.
With Suffolk facing «the
greatest fiscal crisis in its history,» County Executive Steve Bellone and his top aides will freeze their salaries and start paying a portion of their health care.
The conventional narrative of New York City after the
1970s fiscal crisis emphasizes what mayors, police commissioners, developers and other powerful people did.
Social Security faces a potential
fiscal crisis because the number of retirement age Americans is growing so fast.
Over the past 40 + years, wage freezes have been an indispensable tool of state financial control boards created to
address fiscal crises in New York City, Yonkers and Buffalo, as well as in Nassau County.
CPS faces a $ 712 million deficit due to the
serious fiscal crisis as federal, state, and local revenues have decreased.
New York's counties are making a push to get Governor Cuomo and state lawmakers to take their
growing fiscal crisis seriously, and let them off the hook for some state mandates that they say are bringing some counties to the brink of bankruptcy.
As the budget process continues, Governor Paterson looks forward to a continued dialogue with Mayor Bloomberg on the difficult fiscal choices that will be necessary across all levels of government during this
historic fiscal crisis.
New York State slashed anti smoking programs under former Governor David Paterson, during a multi
year fiscal crisis.
In July of 2008, Paterson warned state lawmakers and citizens of New York that the state faced its
worst fiscal crisis since the 1970s.
Illinois faces limitations in addressing its
ongoing fiscal crisis in light of the fact that higher - income Illinoisans are opting out of Illinois residency.
He posits that instead of facing the actual issues head on, managing partners are simply taking short - sighted steps to maintain their positions and wealth, with little thought of the future or the underlying issues causing the previously unheard of
fiscal crises many large firms are now encountering:
With a $ 130 billion budget — the second highest in the country, after California — New York is facing an
unprecedented fiscal crisis unless Albany comes up with a budget deal pronto.
As a result, Africa's booming economies are now woefully unprepared for lower oil prices, with analysts predicting a major
fiscal crisis if oil falls below $ 60 per barrel.
And that doesn't even take into account the state's
fiscal crisis over how to pay for rising pension and benefit costs — which is sure to further limit any possible financial relief for schools.
Miner says one of the only silver linings of the recent
fiscal crisis impacting government is that it gives governments the ability to think differently, and make changes to make government more efficient.
Benjamin Barnes, who heads the state's Office of Policy and Management, made a startling announcement Tuesday when he declared Connecticut has «entered into a period of
permanent fiscal crisis in state and local government.»
And both of these are minor compared to the real
fiscal crisis coming, which is the retirement of the Baby Boomers and the stresses this will put on Social Security and Medicare.
Senate Majority Leader Harry Reid's decision to blow up the filibuster on presidential nominations may raise new
fiscal crisis risks.
Businesses in the 17 countries that use the euro became much more gloomy about their prospects in May as the currency area's
fiscal crisis deepened.
«We understand that the State's
fiscal crisis requires sacrifice from every area funded by the State, including the MTA.»
Unlike many other local governments in New York state, Onondaga County has weathered the
recent fiscal crisis, and come out on firm financial footing.
As you know only too well, last year, Erie County's
fiscal crisis cost the Library System one - fourth of its financial support.
Gov. Andrew Cuomo won nearly every element of his hard - times budget proposal in talk with the Senate and Assembly, whose leaders acknowledged the state's
grave fiscal crisis early on.
«New York City urges Congress to act swiftly before it's too late and this very
real fiscal crisis turns into a humanitarian one,» they said.
The report by The Empire Center of the fiscally conservative Manhattan Institute comes as schools, protected by powerful lobbies, have so far avoided deep cuts during the state's
fiscal crisis while warning that a proposed cut of 5 percent would force layoffs that would devastate education.