Sentences with phrase «public revenue expenditure»

In line with accounting conventions, interest on the National Debt is treated as part of public revenue expenditure, and therefore counts against the annual PSNCR.

Not exact matches

To ensure irreversibility, we are implementing the following measures to tackle some of the long - term structural issues: a. capping of the statutory funds at 25 percent of government tax revenues b. operationalization of the Treasury Single Account (TSA) to consolidate all government funds at the Bank of Ghana c. tightening of expenditure controls in GIFMIS to minimize inefficiencies and budget overruns d. strict enforcement of the PFM Act, as well as the Public Procurement Act, to ensure efficiency in public procurement, and e. adoption of the competitive tender process, which is eliminating wastage and giving Ghanaian taxpayers real value for their Public Procurement Act, to ensure efficiency in public procurement, and e. adoption of the competitive tender process, which is eliminating wastage and giving Ghanaian taxpayers real value for their public procurement, and e. adoption of the competitive tender process, which is eliminating wastage and giving Ghanaian taxpayers real value for their money.

With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs.

It represents the annual fiscal deficit (in cash terms): that is, the shortfall between public sector revenues and expenditure.

It is about improving accountability and transparency, increasing public revenue, effective expenditure, improving public financial management and managing debt sustainably.

She stated the objectives as; to Improve Accountability & Transparency, to Increase Public Revenue, to Rationalise Public Expenditure, to Improve Public Financial Management and Sustainable Debt Management, stressing that state governments have agreed to the reform.

The Comptroller shall review all revenue estimates and expenditure estimates for Medicaid, public assistance and pension contributions and health care insurance costs for County employees to be used in the proposed tentative budget prepared by the County Executive and submit to the Legislature in writing by the 15th of October a report indicating whether or not such estimates are suitable estimates for the upcoming fiscal year.

On or before the 1st day of October the County Executive shall submit to the Comptroller all revenue estimates and expenditure estimates for Medicaid, public assistance, and pension contributions and health care insurance costs for County employees to be used in the proposed budget.

The governor, who spoke while receiving the report of the Committee on the Payment of Arrears of Salaries of Public Servants in Ondo State on Monday, said the Internally Generated Revenue profile of the state had to be taken to a proportion above the recurrent expenditure of the state for meaningful development to take place.

How the burden can best be distributed among the levels of government and among revenue sources must be determined through political processes that weigh options for transitioning to and implementing a high - quality ECE system and the benefits of such a system against the potential political and economic costs of reducing other public expenditures or raising taxes.

[2] Focusing on public, non-selective institutions between 1990 and 2013, the authors use institution - level data on enrollments, degree completions, tuition prices, total revenues, and expenditures from the Integrated Postsecondary Education Data System (IPEDS), and augment this with data on how much state legislatures appropriate for higher education each year.

It's worth taking some time to reflect on that fact, but the full report is also a valuable source of data on state and district revenues and expenditures and the entirety of the $ 600 billion public K - 12 education industry.

Ironically, the primary effect of the city's revenue loss from rising charter payments may have been to slow the growth in expenditures in public safety and other city departments, where expenditures rose more slowly than the school budget.

Source data: Revenues and Expenditures for Public Elementary and Secondary Education: School Year 2011 - 12, NCES)

«However, each current voucher student who returns to a public school increases the local district's necessary education expenditures without increasing the local tax revenue for schools, obligating the state to provide increased funding to the district.»

National Center for Education Statistics, Revenues and Expenditures for Public Elementary and Secondary Education: School Year 2014 — 15

A Study of Revenues and Expenditures in American Charter Schools,» was published jointly by the Education and the Public Interest Center, at the University of Colorado at Boulder, and the Education Policy Research Unit, at Arizona State University.

For the prekindergarten program alone, they identified $ 92,220 in present value benefits and $ 8,512 in present value costs in 2007 dollars — a benefit - cost ratio of 10.83 to 1.22 The benefits derived mainly from reduced public education expenditures due to lower grade retention and use of special education, reduced costs to the criminal justice system and victims of crime due to lower crime rates, reduced expenditures on child welfare due to less child abuse and neglect, higher projected earnings of center participants, and increased income tax revenue due to projected higher lifetime earnings of center participants.

Total expenditures for public education from all revenue sources in the United States as reported to the U.S. Department of Education were $ 606 billion for the 2012 — 13 school year, marking the first annual increase since the 2008 — 09 school year and the beginning of the Great Recession.2 The 2012 — 13 total expenditure equates to an average expenditure per student of $ 12,186 nationwide.

Third, the public sector is faltering in many urban areas — cities and school districts face long - term structural challenges to match revenues with expenditures.

A simpler and easier explanation is that disconnecting prioritizing school expenditures at a local level from local revenue generation when Prop 13 became a statewide property tax is the main reason for the decline in CA public education spending.