Sentences with phrase «projected budget surpluses»

Prime Minister Stephen Harper and Minister of Finance Joe Oliver successfully used up most of the projected budget surpluses with their announcements in the April budget to «put money back in the pockets of Canadians».
In November 2008, the Harper government projected budget surpluses through 2013 - 2014.
With $ 17 billion in federal funds, the new plan covers a six - year period and projects a budget surplus
Cuomo said his position that the state should pay for pre-K «has nothing to do with» a projected budget surplus in New York City.
Connecticut's projected budget surplus has dropped by 90 per cent since January.
The governor, regarded by some analysts as a possible presidential hopeful for the Democrats, was keen to stress his credentials as a strong fiscal manager, projecting a budget surplus of $ 2 billion in fiscal year 2016 - 2017 compared with a deficit of $ 10 billion when he took office three years ago.
However, some budget experts have questioned whether Cuomo's $ 2 billion projected budget surplus is attainable as it relies on capping state spending growth at 2 percent.
BOLTON LANDING — In a speech to to the state's largest business group, Governor Andrew Cuomo said he would invest a third of the state's projected budget surplus in upstate development and incentivizing local governments to consolidate.
Governor Scott has a projected budget surplus with which to bargain.
Despite a projected budget surplus of nearly $ 900 million, there is no new funding for legal aid services in the province.
With the federal government projecting a budget surplus for the first time in years, lawmakers are confronted with an unusual problem: how to spend (or not spend) the money.

Not exact matches

Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion as a contingency reserve, giving the federal government a $ 2.4 billion margin for error.
However, even in the absence of that one - time boost, the projected trajectory of revenues is such that by 2015 - 16 the budget should generate a surplus of over $ 700 million.
In the 2014 budget, it was clear that even with the freezing of the EI rate at $ 1.88, excess EI revenues would account for much of the projected surpluses and that the EI premium rate would have to be reduced significantly in 2017.
The provision would automatically reduce the income and corporate rates by one - tenth of one percent whenever the November economic forecast projects a sufficient state budget surplus.
Their platform was largely «financed» by the surpluses projected in the November 2014 Update and the April 2015 Budget, rather than having to come up with new Sources of Funds, as is the case for the other two parties..
The projected surplus for next year has doubled, and the current budget will all but balance.
In the 2013 Budget, a surplus of $ 0.8 billion was projected, including a «risk adjustment factor» of $ 3 billion.
The federal government is on track to achieve its target debt - to - GDP ratio of 25 per cent by 2021, evidenced by projected surplus budgets in the very short term.
That adjusted forecast projected a surplus of $ 7.2 billion in 2019 - 20, allowing you to claim a balanced budget in 2019 - 20, after incorporating the net impact of your election promises.
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.
The city's Finance Committee has deferred a decision for the time being on what to do with a projected $ 1.1 million budget surplus.
This rise partly reversed earlier declines, which had reflected a number of factors: the expected negative impact of the Asian situation on the local economy, associated concerns about the possibility of global deflation, and the projected fall in the stock of bonds on issue reflecting the expected run of Budget surpluses and the proposed sale of the remainder of Telstra.
The deficit for 2016 - 17 is now projected at $ 18.4 billion, rather than a surplus of $ 1.7 billion forecast in the April 2015 Budget.
The budget, which is projected to exceed $ 1.5 million, includes a $ 334,000 surplus from the 1999 capital improvements budget.
The overall budget is projected to have a $ 1 million to $ 1.2 million surplus.
Cuomo's fiscal 2017 Executive Budget financial plan projected that, if spending growth was held to the governor's self - imposed limit of 2 percent, the state would have a fiscal 2018 surplus of $ 522 million, dropping to $ 98 million in fiscal 2019 and rebounding to nearly $ 1 billion in fiscal 2020, assuming the expiration of the 8.82 percent top bracket.
The state's Essential Plan, which covers low - income New Yorkers, is projected to run a hefty surplus, which Cuomo is using to plug holes elsewhere in his budget.
In his Executive Budget this year, Governor Cuomo proposed a different version of property tax relief, claiming it would be funded with projected budget «surpluses.&Budget this year, Governor Cuomo proposed a different version of property tax relief, claiming it would be funded with projected budget «surpluses.&budget «surpluses
Cuomo in January projected a $ 2 billion surplus by 2016 - 17 — he spoke of achieving this surplus in the present tense — as well as surpluses in coming budget years, as long as the state sticks to a 2 percent cap on spending increases during that time.
The $ 18.7 billion dollar budget deal follows the disclosure earlier this week that a $ 500 million budget surplus projected in January had shrunk to $ 43 million.
«While the FY2015 budget does not now contain a projected surplus to help lower these out - year gaps, the city must manage FY2015 in a way that builds up a surplus and creates recurring savings for future years,» he noted in his testimony.
Connecticut officials are now projecting that the state will end this fiscal year with a $ 23 million surplus, as stated in a letter sent by Governor Dannel Malloy's budget director to the state comptroller on Friday.
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.
Following state Republicans and Gov. Andrew Cuomo's tax commission, the Independent Democratic Conference has put forward its ideas on how to use the projected $ 2 billion budget surplus next year.
ALBANY — Gov. Andrew M. Cuomo on Wednesday proposed using his first substantial budget surplus to fund a $ 154 billion spending plan that includes a $ 2.1 billion increase in school funding over two years and billions of dollars in legacy - building construction projects.
After all, the group said in a paper backing up its aid proposal, «New York's fiscal outlook has improved substantially» and «state budget surpluses are projected through 2018.»
For example, the Education Conference Board has misinterpreted the governor's financial plan to mean that «state budget surpluses are projected through 2018.»
The credit will be phase in over the next four years, the official said, and would be paid for using future surpluses, which the state's budget division projects will be $ 2 billion by 2016.
Gov. Andrew Cuomo in budget projects has described several types of surpluses under the proposed 2015 - 16 budget, with $ 525 million expected to be left over in the general fund.
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 mayor said projected surplus money in the city budget would be dedicated to this task, and the additional tax money would be kept in a «lock box» for education programs.
The Council expects the city to bring in more tax revenue than the mayor estimates and projects lower costs for other city programs, saying the budget will still have a $ 258 million surplus even with its additions.
The Nassau County Legislature's budget office is projecting the county will end this year with a $ 9.2 million cash surplus, although the county's finances remain «fragile.»
Faced with a lagging economy, Lembo and his predecessors have attracted attention by issuing periodic reports on the size of projected state budget surpluses — or deficits.
The Building a Better America 2018 budget balances within a decade, achieves a $ 9 billion surplus, and is projected to increase GDP growth by 2.6 percent.
The authors point out that the average annual losses in the value of western Kansas's groundwater aquifer were roughly equal to the amount of the fiscal surplus projected in the state's 2005 budget.
California discovered a $ 2.4 billion budget surplus from what it projected in January, but that money won't be going to any new, exciting program.
Malloy administration officials are so excited about the notion of a budget surplus that they are talking about proposing a targeted election year tax cut to win over middle - class voters even though the state faces a projected $ 3.2 billion combined deficit over the three fiscal years following this year's election.
However, the way Governor Malloy and the Connecticut General Assembly played with State Account 35416 is a prime example of the type of budget gimmicks that were used to help create this year's projected «surplus
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