Sentences with phrase «operating surplus for»

If there are certain groups who are under - performing, the excess reserves (keeping a reasonable operating surplus for unexpected cost pressures) should be allocated to the relevant priorities in the improvement plan.

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.

County Executive Picente said «we have built a strong financial base in our County and with it have accumulated an operating surplus for the past four years.

Not exact matches

$ 90 million change in revenue for each percentage point change in net operating surplus — corporations growth.

It should also be noted that annual surpluses in the Employment Insurance Operating Account contribute significantly to the surpluses forecast for 2015 - 16 to 2017 - 18.

Becker's memo also cites low interest rates on investments, and an increase in the park district's scholarship program as reasons for the unusually small operating surplus this year.

Under our leadership we cut more than $ 100,000 from the Legislature's 2015 budget, will be delivering a surplus for 2014 and have overhauled how the Legislature operates.

«While PRI does operate with a negative surplus due to the low (premium) rates DFS sets for every provider in the state, PRI remains in good standing with (the state Department of Financial Services), able to pay its bills and meet current claims,» the company told the Times Union.

One of the major reasons cited for the increase was strong fiscal management which is reflected in this operating surplus.

The most recent state financial plan assumed state operating funds would grow by roughly 4 percent for the next several years, Cuomo's latest budget assumes only half that growth, allowing the administration to project a $ 2.2 billion surplus by the 2016 - 17 fiscal year, according to the briefing book.

«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.

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.

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.

Sitting on a $ 1 billion surplus in an operating budget of $ 17.4 billion, the second - term Democrat last week proposed a politically popular 13 percent spending increase for K - 12 education, while also asking the legislature to block scheduled tax hikes.

(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.

The odds of the operating subsidiaries as a group having not enough surplus to exceed the relevant company action level risk based capital for the group as a whole is not high, but is not zero.

For example, if you have a long - term average of past EBIT numbers for the company - ask yourself: what is today's price for the operating business (that is, backing out the surplus cash) relative to the company's worst earnings in the last 10 yeaFor example, if you have a long - term average of past EBIT numbers for the company - ask yourself: what is today's price for the operating business (that is, backing out the surplus cash) relative to the company's worst earnings in the last 10 yeafor the company - ask yourself: what is today's price for the operating business (that is, backing out the surplus cash) relative to the company's worst earnings in the last 10 yeafor the operating business (that is, backing out the surplus cash) relative to the company's worst earnings in the last 10 years.

Indeed, with interest on the growing public debt rising, operating surpluses would have been appropriate to help pay for the interest costs.

As shown in Figure 2, our projections indicate that the MSR, operating at an initial injection rate of 24 %, will slash the EU - ETS surplus for fixed installations — technically known as the Total Number of Allowances in Circulation (TNAC)-- from 1,776 m to 496m over 2019 - 23, a drop of 1,270 m (70 %)(Figure 2).

Cyprus is operating with an essentially balanced budget and with a good primary surplus; our budgetary planning for the period 2017 - 2019 remains safely within the margins of a balanced budget, ensuring that the public debt as a % of GDP will start decreasing.

The board's policy demands a balance of at least $ 150,000 at all times in the special fund, so the it had to go to the city for permission to transfer $ 480,000 out of its 2011 operating budget surplus to cover the remaining costs of the review.

The retreat, designed for those operating in a financial surplus, teaches participants new disciplines around wealth management and investment strategies in order to create long lasting, generational wealth.