Sentences with phrase «overall state spending»

The budget proposes a nearly 3 percent reduction in overall state spending in an attempt to eliminate a projected $ 10 billion budget deficit.

He also had to close giant budget deficits and at times cut taxes and spending, though overall state spending grew during his 12 years in office.

His continued emphasis on holding growth in overall state spending to under 2 percent is for another year is welcomed news.

This means the addition of HUSKY A to direct certification will not likely decrease aid to the highest - need districts in Connecticut or increase overall state spending by large amounts during a difficult fiscal climate.

Prior to the legislation last week, New York State's financial plan showed «surpluses» growing to $ 1.6 billion in fiscal year 2019, but these rely on unspecified future savings based on the assumption that annual spending growth will be held to 2 percent over the four - year period.3 While overall state spending growth in recent years has been held close to 2 percent annually, baseline spending is projected to outpace revenue growth over the next few years.

Seventy - nine percent favor Cuomo's desire to close the $ 10 billion budget gap without raising taxes; 76 percent back his rejection of any new borrowing and 75 support his call to slash overall state spending by $ 3.7 billion.

Cuomo has pushed for budgets that keep overall state spending under a 2 percent increase.

ALBANY, NY (01/22/2013)(readMedia)-- «For the third year in a row, Governor Cuomo has presented a budget designed to control overall state spending.

Gov. Andrew Cuomo's budget proposal, announced Tuesday, cuts overall state spending by 2.7 percent — the first time a governor has proposed cutting spending in 15 years.

OFM estimates the charter school bill would add $ 8.4 million to overall state spending over the next four years: $ 7.4 million in per - pupil allocations because the schools would attract some private - school and home - schooled students not currently covered in the state budget, and $ 1 million in new administrative costs incurred by state agencies.

However, achieving future surpluses depends on continued economic growth and limitations in overall state spending, neither of which is guaranteed.

There is much for business to be encouraged about with the emphasis on holding growth in overall state spending to under 2 percent while promoting private sector investments and job creation, and increasing in - state personal income, through broad - based business tax relief.

Fiscal watchdogs, including the Empire Center, question whether the tax extension is necessary, however, saying the state's finances can remain in balance if Gov. Andrew Cuomo and lawmakers find ways of curtailing spending, even while holding an overall state spending increase to a 2 percent rise.

Legislators came up with an extra $ 1.9 million, part of an overall state spending increase on education.

If Republicans control both the legislature and the gubernatorial chair, they increase aid to the poorest districts but do not add to overall state spending.

A new report from CEA, the state's largest teachers union, (prepared by Rodriguez Data Solutions, LLC) shows that these charter management fees are growing at a higher rate than overall State spending on charter schools in Connecticut.