Sentences with phrase «prior year budgets»

Proposed in prior year budgets in more narrow forms, this proposal would limit the tax value of certain tax expenditures for taxpayers paying more than a 28 % marginal income tax rate.
Although Albany's deficits have been publicly reported to be anywhere between $ 18 million and $ 23 million in prior year budgets, Commisso said «that's political spin» and pointed to the PFM figures as «the standardized number.»

Not exact matches

Though the Harper government has been maligned for paring the CTC's budget to $ 58 million a year — less than that of New York City — it did negotiate Approved Destination Status with China prior to the 2010 Olympics.
She favors something called zero - based budgeting, where essentially the annual budget would be built from zero every year, with all line items requiring validation, rather than starting with the funding they received the prior year.
Brito brought to Anheuser - Busch the concept of «zero - based budgeting,» wherein every expense must be newly justified every year, not just new ones, and the goal is to bring it lower than the year prior.
Prior to that, she served for eight years as Executive Director of the American Advertising Federation - Louisville where she was responsible for budgeting, event planning, and leadership and membership engagement.
Prior to assisting the Committee for a Responsible Federal Budget, Ms. Frank was the Vice President of Finance and Operations for the New America Foundation for 10 years.
First, prior to the start of an election, the Parliamentary Budget Officer (PBO) should prepare a five - year economic and fiscal forecast.
Prior to that, it was claimed that Veterans Affairs had underspent its budget by $ 1.1 billion over a number of years.
While not referenced in the Budget document this is in direct reference to the prior Conservative government's introduction of the Family Tax Credit, which allowed couples to income split and save up to $ 2,000 in taxes each year.
This implies that the Budget should be tabled prior to that date, allowing for sufficient time for the Treasury Board Secretariat (TBS) to reconcile the Budget expense projections for the upcoming fiscal year to the Main Estimates.
In years where the Main Estimates were tabled prior to the Budget, the Main Estimates were based on the economic and fiscal assumptions in the last Economic and Fiscal Statement, which is usually released in the fall of the preceding year.
And now Democrats and Republicans in Congress have busted prior budget caps with a deal to spend an extra $ 300 billion in the next two years.
GFI is entirely supported by grants and donations.79 Their three largest donors provided a total of around 25 - 40 % of their funding in 2016, and we would expect those donors to provide a similar, perhaps slightly larger, amount of funding in 2017 — though GFI's intention is to raise significantly more money overall.80, 81 GFI's fiscal management strategy is to spend each year what it raised the prior year; this enables them to budget on a rolling 12 - month timeframe.82, 83 Overall, we think that while their funding sources are not especially diverse, they do rely on a relatively broad donor base and take a responsible and sustainable approach to their finances.
The Park District board Tuesday tentatively approved a budget and appropriation ordinance calling for $ 3.53 million in expenses, down by $ 401,500 from the prior year.
The Empire Center's Ken Girardin: «School budgets were approved at a record - high rate of 99.3 percent, adding to evidence that districts can live within a property tax cap set at either 2 percent or the prior year's average rate of inflation, whichever is less.»
Despite the current fiscal crisis, Governor Cuomo's Executive Budget continues prior year funding levels for the core transportation capital programs supported by the Dedicated Highway and Bridge Trust Fund, providing $ 501 million for highway and bridge construction, $ 363.1 million for the Consolidated Highway Improvement Program (CHIPS) and $ 39.7 million for the Marchiselli program for local governments, and $ 16.9 million for Amtrak service subsidies and additional rail capital investments.
In reality, prior to the new spending, New York State faced out - year budget gaps that grow from $ 2.0 billion next year to $ 4.2 billion in fiscal year 2018 - 2019.4
The FEMA money will not be available this year, so while the state has committed an additional $ 15 million to its tourism budget for May 2014 to April 2015, bringing the total number to $ 45 million, it will be $ 15 million less than the prior year.
While we are not opposing some major proposals, such as the elimination of some $ 375 million in prior year commitments for economic development initiatives, we do have major concerns with some aspects of the Executive Budget.
days prior to the start of the fiscal year; local authorities must file a budget report 60 days prior to the start of the fiscal year.
In a nod to the Senate's one - house budget resolution, local governments could count prior year efficiencies and shared services.
«These bills passed the Legislature without a message of necessity and prior to the Legislature's final action upon the appropriation bills submitted as part of my Fiscal Year 2018 - 2019 Executive Budget.
Prior year claims were over budget by an estimated one million dollars, while transfers to the city's Solid Waste Fund were over budget by about $ 440,000.
Prior to adopting the budget, which Town Supervisor William Chase anticipates the council will do at the next meeting, the council hopes to choose a bid and factor that purchase into next year's budget.
From there, the council and the mayor's office will head into budget negotiations to reach a handshake deal in time to vote the budget through prior to the July 1 start of the next fiscal year.
The Budget Director annually, not less than twenty days prior to the date fixed pursuant to paragraph a. of this section, shall notify in writing the head of each administrative unit, and of each authorized agency receiving County funds pursuant to contract or otherwise during the current fiscal year, of (1) the date fixed pursuant to said paragraph a. and (2) the form and information to be contained in such estimate and request.
Two years prior, in the midst of the investigations, corruption charges, late budgets and general disorder in the Senate leadership structure, Bronx Senator Jeffrey Klein had led three of his colleagues to split off from the larger caucus and form the Independent Democratic Conference, and cut a deal with Republican leader Dean Skelos of Long Island to allow the IDC and the GOP to control the body together.
The County Executive may at any time during the fiscal year transfer part or all of the unencumbered appropriation balance between classifications of expenditures within the same administrative unit, provided that prior approval by resolution of the County Legislature shall be required if the proposed transfer (1) would result in an increase exceeding ten thousand dollars ($ 10,000), or such larger amount as may be prescribed by local law, during the fiscal year in any one line item in the budget as adopted, or (2) would affect any salary rate or salary total.
In the Legislature's 2012 budget, which passed 16 - 2 prior to Mr. Romaine's proposed amendments, about eight positions — including the one chief deputy — in the county executive's office will be eliminated next year.
Governor - elect Andrew Cuomo today voiced support — albeit not happily — for the 898 layoffs Gov. David Paterson is pursuing prior to the end of the year, but avoided directly addressing whether he would seek to increase that number in his first executive budget.
(Well, yes, except all the hard stuff had already been either passed prior to the budget — like tax code reform and the so - called «big ugly» mentioned above — or negotiated last year, liuke the 4 percent increase in education and health care spending).
A proposal tucked into Cuomo's budget plan would allow the state to recoup any lottery winnings over $ 600 from public assistance recipients as a repayment for cash assistance received during the prior 10 years.
ENDS Notes to Editors UK Alcohol duty context For a short video summary of the issues around alcohol pricing, please visit: https://vimeo.com/191959217 Following heavy lobbying from the alcohol industry, the last four Budgets have seen real terms cuts in alcohol duty Alcohol is 60 % more affordable than it was in 1980 — the alcohol duty escalator, introduced in 2008, which ensured that duty rose above inflation, helped mitigate this trend, but this progress has reversed since the duty escalator was scrapped in 2013 In real terms, spirits duty has halved, and wine duty fallen by a quarter since 1978 - 9 The Government estimates suggest that the duty cuts since 2013 will cost the Exchequer # 2.9 billion over four years The University of Sheffield estimated that an additional 6,500 people would be hospitalised each year as a result of the alcohol duty cuts in 2015 The report The report was peer reviewed by academic experts the fields of economics, public health and public policy prior to publication.
«City agencies must do more to scrub their budgets and operations to identify more savings and efficiencies to help address our risks,» he said, pointing out that prior to 2014, agencies contributed 2.7 percent on average to the city's savings in a year, compared to 1 percent under Mayor de Blasio.
Asked whether he is going to seek to get a deal on things other than the budget — including ethics reform and a property tax cap — prior to the April 1 start of the new fiscal year the governor said he's going to be «moving forward on all of these issues simultaneously — now, now.»
Cuomo proudly notes that state budgets have been passed on time every year he's been governor, after years of tardy budgets under prior governors.
The Senate Republicans, who have blocked passage of the measure in prior years, left the door open for a deal this year in their budget plan by expressing support for «amendments to both the civil and criminal statutes of limitations to further protect children from sexual predators.»
Even Hein's Republican opponent apparently missed that report, in which fellow Democrat Auerbach wrote, «At the close of 2015, the county will have nearly tripled (his emphasis) the level of fiscal stress from the prior year due to deficit budgeting and decreasing fund - balance levels.
The report will be referred to during budget negotiations leading up to the adoption of the City's Fiscal Year 2015 budget, which must be adopted prior to July 1.
That hasn't always been the case, as the state routinely missed the budget deadline for many years prior to that.
The 2012 court budget called for a reduction of $ 170 million from the prior year, primarily due to lower state revenues.
He compared the situation in Washington to prior years in Albany, where state budgets were delayed, calling it the «annual fiasco when the state went to do its budget
Their website only features the 2017 - 2018 budget with numbers reflecting whatever increase or decrease compared to the prior fiscal year.
When the City Council held its first hearing on Mayor Bill de Blasio's Executive Budget for fiscal year 2017, Council members made it clear that they weren't satisfied with the level of investment in the city's youth, one of the top priorities identified in their prior response to the mayor's preliminary bBudget for fiscal year 2017, Council members made it clear that they weren't satisfied with the level of investment in the city's youth, one of the top priorities identified in their prior response to the mayor's preliminary budgetbudget.
FY 1994 was the year just prior to the advent of the current strong focus on balancing the budget that began under the 104th Congress.
Elsewhere, the Department's Third Offset Strategy — a touted effort initiated under President Obama to maintain and accelerate superiority in advanced technology areas like hypersonics and human - machine collaboration — makes scant appearance in this year's budget request, even though Deputy Defense Secretary Bob Work, a key architect of the strategy in the prior administration, has so far stayed on at the Pentagon.
«It is good that research budgets are less hit than other sectors, but the prior commitments of SFI [Science Foundation Ireland, a leading public - funding body], due to multiannual funding, suggest that we are in for 2 to 3 years of very limited opportunity for new competitive funding, so some excellent work will not be funded.»
It was a huge accomplishment for a Cabinet Minister to achieve this commitment and announce it prior to the upcoming budget year.
The uniquely «meta» film, an extended and higher - budgeted remake of an unreleased short film Rogen and co-star Jay Baruchel (Goon, Fanboys) had made about six years prior («Jay and Seth versus the Apocalypse»), casts the large ensemble of real - life comedic actors, all playing satirical versions of themselves, while reacting in hilarious ways to the over-the-top craziness that surrounds them.
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