Sentences with phrase «operating deficit for»

In an accounting of NYRA's financial condition for the first half of 2015 prepared for today's board meeting in Saratoga Springs, the association reported an operating loss from racing operations of $ 6.1 million before income from video lottery terminals are factored in — a loss that's 25.5 percent larger than the $ 4.9 million operating deficit for racing racked up during the same period in 2014.

Not exact matches

The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).

If the deficit is due to an economic recession, defined as two consecutive quarters of negative growth in real gross domestic product, or to «extraordinary events», such as a natural disaster or war, that results in an «cost» of more than $ 3 billion, then the operating budgets of departments and agencies would be automatically frozen to pay for any wage increases.

Most managers running retail and pension money have no idea what a triple - hook rating means for any company with massive cash flow deficits operating in a financial environment in which the Fed is not printing trillions of dollars that can be recycled into bad ideas.

There's a chance more GOP challengers join Ward, including Reps. David SchweikertDavid SchweikertRepublican candidate favored in Arizona special House election Ryan leaves legacy of tax cuts and deficits Paul Ryan's successor must embrace the House Freedom Caucus MORE and Paul GosarPaul Anthony GosarOvernight Defense: Over 500 amendments proposed for defense bill Measures address transgender troops, Yemen war Trump taps acting VA chief as permanent secretary Arizona GOP tinkers with election rules with an eye on McCain's seat Some doubt McCarthy or Scalise will ever lead House GOP MORE, or state Treasurer Jeff DeWit, a Trump ally who served as his campaign's operating officer.

Also at the hearing, the county comptroller's office released a fact sheet showing there was a $ 48.9 million budget deficit for 2017, according to preliminary unaudited results from Nassau's five primary operating funds.

Just last year, the state did it, shifting responsibility for New York canals and a more than $ 100 million annual operating deficit from the Thruway Authority to the state Power Authority.

Together our Republican county executive and our Democratic finance chairman share responsibility for Rockland's enormous operating deficit.

Paterson and the Legislature's Democratic leaders are at least $ 1.2 billion apart on closing a projected $ 9 billion - plus budget deficit — assuming the governor backs Lt. Gov. Richard Ravitch's controversial plan to borrow $ 2 billion for operating expenses.

«The temptation for Cuomo will be to use state - budget surpluses to avoid the problem for a couple of more years — that is, give them a few hundred million dollars a year out of the state budget to cover the operating budget deficits that will get bigger as the M.T.A. devotes more money to debt service,» she emailed.

Finally, the state did it, last year shifting responsibility for New York canals and a more than $ 100 million annual operating deficit from the Thruway Authority to the state Power Authority.

Their comments were in response to requests from Bronx Councilman Ritchie Torres, chairman of the Committee on Public Housing, for assurances that the housing authority leaders would not sell property — which former Mayor Michael Bloomberg had proposed as a fix for NYCHA's ballooning operating deficits and $ 17 billion backlog in repairs.

Auditors found the town's year - end fund balance for its major operating funds had a combined $ 2.2 million deficit at the end of 2012.

It appears that a least two (Hoehmann and Borelli) and sometimes a third Town Board member (Hausner) understand that the taxpayers have been milked enough to the extent that all of them will be out of office when they come up for re-election if capital and operating expenses are not cut in the coming years to pay for the Town's debit and its continuing structural deficit.

«He felt it was necessary to raise the sales tax and to deficit - borrow for operating costs,» Lazio says.

But the institute has operated in the red for years, and has been forced to cover its deficit by drawing down its endowment, which shrunk from $ 430 million in fiscal year 2012 to $ 397 million in fiscal year 2014.

Faced with a $ 1.6 million deficit requiring major cuts in programs, members of the North Chicago city school board were ready to close the district's nine schools in March, until Gov. Jim Edgar of Illinois promised emergency operating funds for the 4,300 - student district.

The net philanthropic need for all schools managed by CMOs in the NewSchools portfolio is effectively zero, but since the schools that operate with surpluses generally do not cross-subsidize those with deficits (sometimes even within the same CMO), the actual school - level philanthropic need across the 71 schools in the portfolio with operating deficits was more than $ 25 million in the 2010 school year, or just under $ 360,000 per school.

The operating deficit, projected at $ 333 million for 2017 — 18, could exceed half a billion dollars by 2019 — 20 (see Figure 2).

Many CMOs utilize a model where new schools operate with a deficit for two to four years until the schools reach full enrollment capacity, at which point the schools will generate operating «surpluses» at the site level.

Under Roberts, the Detroit Public Schools has generated an annual operating surplus for the 2011 fiscal year, its first surplus since 2002; accelerated the elimination of its $ 327 million legacy deficit; and adopted a balanced budget for fiscal 2012.

Vallas's predecessor, for example, was unable to eliminate a $ 150 million deficit and resorted to borrowing to keep schools operating in 1993 and 1994.

An operating deficit of # 511,150 was forecast for the full year.

Like it would for any other district school, the district would have to absorb the deficit — though the cost would represent a fraction of the district's operating budget.

In a financial overview to members last May, the union treasurer, Arlene Inouye, wrote that the union has been operating at a deficit for seven of the last 10 years, partly due to a drop in membership of 10,000 members since 2007.

This year's UTLA operating deficit was estimated at $ 1.5 million, fueled in large part by increased costs for staff retiree health benefits.

«It is open to an authority to include in its scheme a form of loan arrangement for schools which does not operate by way of a licensed deficit but rather by way of actual payments to schools or expenditure by the authority in respect of a particular school on condition that a corresponding sum is repaid from the budget share.»

Prices would remain high with the market for coal, copper, iron ore and other basic materials operating in deficits.

According to the agreed five - year plan, Simon took over an $ 850,000 loan on the building and other financial obligations, including a $ 1 million accumulated operating deficit, in return for using 75 % of the gallery space for his collection.

Every year for the last decade, the college, which has an operating budget of $ 38 million, has run a $ 9 million deficit.

The school has been operating with a $ 9 million deficit for more than a decade and has seen its investment portfolio shrink.

At the same time that Cooper Union decided not to try to sell the site, it borrowed $ 175 million, using the Chrysler site as collateral, to build a new engineering and art building and «to meet future operating deficits,» as the school acknowledged in court papers seeking permission for the loan.

There is a big power storage issue with solar energy, for example if the sun don't shine what would you do with that 2 gigawatt deficit, nuclear plants operate 24/7 not the 10 hours a day sunlight you would get as far north as the Mongolia desert.

Diagnostic accuracy of the Child Behavior Checklist scales for attention deficit hyperactivity disorder: A receiver operating characteristic analysis