Strong budgetary performance The ratings report noted strong budgetary performance, with
operating surpluses in the general fund and at the total governmental fund level.
This was surprising given the reduction in the general corporate tax rate and the sluggishness in corporate
operating surpluses in 2012.
In the November 2013 Update, the EI Operating Account is projected to be in
an operating surplus in 2015 - 16.
Not exact matches
One thing (prop planes) led him to another (corporate jets) and then to another (
surplus military jets), culminating
in 2012 with the founding of Draken International, a Lakeland, Florida, military contractor that
operates one of the largest fleets of privately owned fighter jets
in the world.
The state's largest agricultural lobby group has reported its first
operating surplus since 2010, which was largely attributable to a reduction
in costs.
$ 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.
Under the current projection, the EI
Operating Accounts will not be
in a
surplus position until 2015.
The reality was that by the early 1990s, the
surplus in the
operating balance was not sufficient to pay the interest on the debt.
Based on PBO's forecast, the deficit would not be
in surplus is either 2014 - 15 or 2015 - 16, even if the Government were to secure its proposed «Targeted Strategic and
Operating Review» savings of $ 4 billion per year
in those years.
(The actual budget was
in surplus, thanks to a pre-crisis economy that was
operating well above capacity.)
Profits continued to grow strongly
in the March quarter, with the gross
operating surplus of the corporate sector increasing by just under 9 per cent, and by 11 3/4 per cent over the year to the March quarter.
In both 2014 - 15 and 2015 - 16, annual surpluses in the Employment Insurance Operating Account have reduced the deficits in those years by about $ 4 billio
In both 2014 - 15 and 2015 - 16, annual
surpluses in the Employment Insurance Operating Account have reduced the deficits in those years by about $ 4 billio
in the Employment Insurance
Operating Account have reduced the deficits
in those years by about $ 4 billio
in those years by about $ 4 billion.
Profits of the private corporate sector, as measured by gross
operating surplus, increased by 2.2 per cent
in the March quarter, to be 9 1/2 per cent higher over the year and a relatively high share of GDP (Graph 28).
Corporate profitability remains strong, although the growth
in profits, as measured by private non-financial gross
operating surplus (GOS), has eased recently after a period of strong growth (Graph 32).
There was a particularly marked increase
in the income attributed to foreign owners of direct equity stakes
in Australian firms, which was
in contrast to trends
in economy - wide measures of profitability, such as gross
operating surplus.
Total profitability of the corporate sector, as measured by gross
operating surplus, has been gradually declining as a share of GDP since the peak reached
in 1996, and is now, at 15 per cent, around its decade average.
Cosmically speaking, as I have said, Man is collectively immersed
in a «vortex» of organization which,
operating above the level of the individual, gathers and lifts individuals as a whole towards the heightening of their power of reflection by means of a
surplus of technical complexity.
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.
«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.
Nassau will fund the program from its
operating budget using salary savings from the final 3 1⁄2 months of the year and $ 8.5 million
in anticipated
surpluses in other areas, officials said.
I am very proud to tell you that, based on the projected numbers we are seeing as of today, Oneida County will end 2011 under budget, which will mean that
in every year of my administration, we have achieved an
operating surplus while providing critical services to the people of Oneida County.
Ellen Melchionni, president of the New York Insurance Association, which represents property and casualty insurers, argued that insurance companies need to maintain an
surplus to pay future claims — and that allowing an insurer to
operate in the red is «incredibly risky.»
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.
«The state applauds localities that manage their finances
in a way that produces
operating surpluses, and many municipalities across the state do so without extraordinary aid from the state,» Peters said
in a statement Tuesday.
One of the major reasons cited for the increase was strong fiscal management which is reflected
in this
operating surplus.
In 2013, the County had anticipated an
operating deficit of $ 1.9 Million, but ended the year with a $ 1.5 Million
surplus.
In 2006, the county was
operating on a $ 155 million
surplus, he said; last year, the county ran up a $ 154 million deficit.
In the report on South Huntington, which covered July 2014 through December 2015, auditors said the school board and district officials overestimated general fund appropriations in the last three adopted budgets, resulting in operating surpluses totaling approximately $ 10.6 millio
In the report on South Huntington, which covered July 2014 through December 2015, auditors said the school board and district officials overestimated general fund appropriations
in the last three adopted budgets, resulting in operating surpluses totaling approximately $ 10.6 millio
in the last three adopted budgets, resulting
in operating surpluses totaling approximately $ 10.6 millio
in operating surpluses totaling approximately $ 10.6 million.
In Montauk, auditors found that school officials overestimated appropriations in the adopted budgets from 2012 - 13 through 2014 - 15, resulting in a cumulative operating surplus of about $ 1 millio
In Montauk, auditors found that school officials overestimated appropriations
in the adopted budgets from 2012 - 13 through 2014 - 15, resulting in a cumulative operating surplus of about $ 1 millio
in the adopted budgets from 2012 - 13 through 2014 - 15, resulting
in a cumulative operating surplus of about $ 1 millio
in a cumulative
operating surplus of about $ 1 million.
In 2012, the County had anticipated an
operating deficit of $ 1.8 Million, but ended the year with an $ 8.4 million
surplus.
«Two percent growth
in state
operating funds yields the «
surplus» he's talking about.
The board and officials overestimated expenditures by approximately $ 4.1 million and underestimated revenues by approximately $ 900,000 from 2012 - 13 through 2014 - 15, which generated more than $ 5 million
in operating surpluses.
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.
Typically, these
surpluses are used to build
operating reserves of about 5 percent of a school's yearly budget, to insure against normal cash - flow needs, temporary revenue interruptions, or fluctuations
in annual per - pupil funding levels.
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.
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.
A deficit is expected
in the EI
Operating Account
in 2017 — to the tune of $ 2.7 billion — after a
surplus of $ 1.1 billion
in 2016, when the premium rate was 1.88.
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 years.
Presuming (still a big presumption) this trend
in cash generation is maintained, we're now looking at a 10.2 %
operating FCF margin on $ 321 million of revenue — all things considered, that now deserves a 0.875 P / S multiple, to which we can obviously add
surplus cash.
Increases scholarships beginning
in two years, provided we meet critical fundraising,
operating expense, and
operating cash
surplus goals.
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).
In modeling terms, this operates as a constraint on the «decrease in energy consumer surplus,» i.e., how much more consumers — both residential and commercial consumers of fossil fuel energy — have to pay, on net, under the carbon pricing syste
In modeling terms, this
operates as a constraint on the «decrease
in energy consumer surplus,» i.e., how much more consumers — both residential and commercial consumers of fossil fuel energy — have to pay, on net, under the carbon pricing syste
in energy consumer
surplus,» i.e., how much more consumers — both residential and commercial consumers of fossil fuel energy — have to pay, on net, under the carbon pricing system.
In modeling terms, this operates as a constraint on the «decrease in fossil producer surplus,» i.e., how much more fossil fuel producers have to pay, on ne
In modeling terms, this
operates as a constraint on the «decrease
in fossil producer surplus,» i.e., how much more fossil fuel producers have to pay, on ne
in fossil producer
surplus,» i.e., how much more fossil fuel producers have to pay, on net.
It was not about the use of the
surplus that had accumulated
in the Employment Insurance Account, but the effects of the Act eliminating the balance of the Employment Insurance
Operating Account and the resulting accounting entries that flowed from the 2010 legislative amendment.
With tuition and living costs as they are, students can scrimp and save and yet still graduate up to their teeth
in debt, but on some level they
operate on the assumption that, upon graduating, they'll hit
surplus territory and begin to pay it all back.
Under the proposal, any cumulative
surplus recorded
in the EI
Operating Account will be returned to employers and employees through lower EI premium rates once the new mechanism takes effect.
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.
Attention Applicants: Certain Underwriters at Lloyd's, London
operates as an approved
Surplus Lines market
in the United States.