Sentences with phrase «projected budget shortfall»

Having failed to right the ship of state, Malloy engaged in a desperate attempt to save his political career by telling Connecticut's voters that there was no state budget deficit this year and that he would eliminate the $ 1.4 billion dollar projected budget shortfall for this coming year without having to raise taxes, cut services or seek concessions from the state employee unions.

Faced with a $ 5 billion projected budget shortfall, Malloy and the Democratic and Republican caucuses in the State Senate and State House of Representatives recently offered up revised budget proposals aimed at addressing Connecticut's growing fiscal crisis.

Major issues in the 2013 legislative session included physician - assisted death, marijuana decriminalization, and plans to address a projected budget shortfall of $ 50 - $ 70 million.

«The projected budget shortfall that our city is facing calls for immediate action.

About half of the states are facing projected budget shortfalls, according to the Center on Budget and Policy...

The National Association of State Budget Officers reports that as of November 2010, 22 states projected budget shortfalls for fiscal year 2012 totaling approximately $ 40 billion.

Not exact matches

What was budgeted to be a $ 886 - million shortfall last spring has since swelled to a projected $ 3 - billion deficit for 2012 — 13.

Texas is looking at a budget shortfall projected between $ 11 to $ 17 billion as lawmakers head into the 2011 session.

With these issues in mind, he said he had concerns over the projected deficits in the Trudeau government's recent budget, which include a $ 18.1 - billion shortfall for 2018 - 19.

But the budget office projects the government producing a $ 1 - billion shortfall in 2015 - 16 followed by smaller surpluses of $ 600 million and $ 2.2 billion over the next two years.

Governor Andrew Cuomo's budget staff has further reduced the state's revenue estimates through fiscal 2020, adding to projected potential shortfalls during the period.

Cuomo's budget bill also would allow the diversion of settlement cash into the general fund to «prepare for, prevent, deter or respond to» disasters and emergencies, man - made or natural, or to cover shortfalls in projected federal Medicare or Medicaid revenues.

And even if the two fare hikes are carried out, the agency is still projected to see budget shortfalls beginning in 2020, with a $ 1 billion deficit in 2020 and 2021 combined.

The state is still facing a projected $ 1.5 billion budget shortfall for the next fiscal year that ends on June 30, 2018.

Even so, the projected $ 725 million structural deficit lawmakers would face at the beginning of the 2015 two - year budget cycle would be half or less of the shortfalls faced at the beginning of every budget going back to 1997.

The only difficulty is that the operating budget is already facing a significant shortfall that needs to be closed,» said Liu, who also opposes the mayor's cuts to capital projects.

Buhari said that the implementation of the 2016 Budget was hampered by the low oil prices in the first quarter of 2016, and disruptions in crude oil production which led to significant shortfalls in projected revenue.

On May 6, 2003, for example, the Governor issued a press release with the following lead paragraph: «Governor George E. Pataki today announced that the fiscally irresponsible budget passed by the State Legislature will harm New Yorkers by imposing the largest tax increase in the history of the State — a tax increase that will lead to massive job losses and a projected $ 13 billion budget shortfall in the upcoming two years.»

Senate Minority Leader Sen. Jennifer Shilling said in an interview with The Associated Press that it's not up to Democrats to come up with a plan to plug a projected $ 1 billion transportation budget shortfall.

It's not unusual for state budgets to project cash shortfalls for future years, but the gaps are supposed to shrink as those years approach.

In an exclusive interview with The Associated Press on Thursday, Walker defended the action as necessary to deal with a projected $ 3.6 billion budget shortfall by mid-2013.

That office projects a shortfall in the 2016 - 17 budget at $ 552 million.

The state already has a projected a $ 4 billion budget shortfall in the coming year and is bracing for additional cuts in federal funds for health care and other services.

Previous expansion projects force the natural history center to address shortfalls with $ 3 million in cuts to its annual budget for science operations.

But within a few days, the Governor's office of budget and management revised its revenue forecast, predicting a shortfall of $ 1.2 billion to $ 1.5 billion, rather than the $ 1 billion that had been projected.

Most states have substantial shortfalls projected not just this year, but into the future, unless governors and legislators make fundamental changes to the budget.

In its biennial budget request to Gov. Scott Walker, DPI is projecting a $ 9.6 million shortfall in its 2015 testing budget if the Legislature doesn't increase funding.

Back in 2000 - 2001, the district faced a $ 216 million deficit in its $ 1.7 billion budget; the district projects that it will face $ 269 million in shortfalls during its 2012 - 2013 fiscal year, even with revenues likely to have increased by two - thirds in the past 13 years.This isn't surprising.

The 213,000 - student district projected a $ 55 million shortfall in its $ 1.5 billion budget for the 1998 - 99 school year.

«The district is struggling with a projected $ 124 million shortfall to its $ 1.4 billion budget, and have issued in the neighborhood of 1,500 layoff notices to full and part - time employees» reports the San Diego Union.

In light of what district leaders initially projected as an $ 18 million budget shortfall, administrators planned cuts to transportation budgets and central office spending this fall.

Proof of this growing disaster can be found in the reality that as the Malloy administration prepares to propose Connecticut's next state budget, the state is faced with a projected biennial budget shortfall in excess of $ 3.3 billion and growing.

In the next two - year budget cycle, the shortfall is projected to reach $ 97.7 million per year.

ASCD's budget map graphically highlights the dire fiscal situation that continues to plague almost all states; it tracks state unemployment rates, projected FY11 budget shortfalls, FY10 education cuts, and the estimated number of education jobs this legislation could save or create.

To help fund the plan, the budget projected five straight annual deficits totalling more than $ 110 billion, starting with shortfalls of $ 29.4 billion in 2016 - 17 and $ 29 billion in 2017 - 18.

But according to an article in Germany's leading news magazine, Der Spiegel, the country is facing a massive budget shortfall for renewable projects, and is now planning to cancel some key subsidies aimed at increasing reliance on Green power.

This past year, a budget shortfall threatened to shut down disaster recovery projects in numerous states throughout the country.

The financial budget may uncover the need to borrow additional money to cover temporary shortfalls or to pay for capital projects.

She noted that more than half of states are projected to have a budget shortfall this year and that many lawmakers are looking for legislation that offers «a solution to a problem rather than a problem they have to deal with.»