Sentences with phrase «reduced budget costs»

Not exact matches

P&G reduced its ad budgets, saving $ 750 million in agency and production costs, it said in January, and it is set to save a further $ 400 million «in the next phase», according to Chief Financial Officer Jon Moeller.

The federal government's 2013 budget unveiled Thursday contains a select few initiatives aimed at reducing costs at the household level including efforts to close the U.S. - Canada price gap for young families.

«Reducing the number of uninsured adults in Louisiana makes it easier to improve access to needed care, to limit costs for families and individuals with private insurance and to create greater stability in Louisiana's state budget,» Salles said.

The amount of debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest costs, putting more pressure on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.

The analysis does not include an additional cost of the legislation: its repeal of the individual mandate, which the Congressional Budget Office estimates could cause as many as 13 million fewer people to have health insurance, reducing federal spending for poor and middle - class Americans» health insurance by $ 338 billion over 10 years.

The fiscal cost of «Reducing the Tax Burden» was somewhat lower than estimated in the January 2009 Budget estimate, yet an additional 2,000 were created by the measure in the latest Report.

The government could reduce the 50 percent deviation to 25 percent and direct increased funding for MLAs representing large electoral districts for the cost of multiple constituency offices and an increased travel / outreach budget.

A cutback in Social Security's cost - of - living adjustment would save $ 5 to $ 10 billion a year, says Roger Strauss, cochair of a bipartisan commission seeking ways to reduce the national budget deficit.

Instead, we reduced costs internally so we're able to budget to make a little more than a penny a pound.»

Throughout the construction process, Rob Mescolotto, founder and owner of Hospitality Construction Services, coordinated with Streetsense to reduce construction costs by sourcing high - quality materials that not only fit into the budget, but brought the design firm's vision to life.

Together, these commitments will contribute to improving food security, raising farmer incomes, reducing costs for companies, helping household budgets and reducing greenhouse gas emissions.

Cost savings, improved management practices, consistent food, better equipment utilization, reduced energy costs, and increased employee engagement and morale are some of the benefits an IoT user can enjoy — sometimes by deploying even just a relatively budget - friendly smartphone app.

To reduce administrative costs, control reserve levels, and improve management practices, the Citizens Budget Commission recommends that the Office of the NYC Comptroller increase its oversight of union - administered benefit funds through the following actions:

To help achieve the Governor's goal of encouraging efficiency and results, the Executive Budget allocates $ 250 million to be awarded on a competitive basis to school districts that demonstrate significant improvement in their student performance outcomes and another $ 250 million to be awarded on a competitive basis to school districts that undertake long - term structural changes which reduce costs and improve efficiency.

I would suggest that a better approach than austerity budgets is to improve the business climate and reduce government deficits by enacting the New York Health Act in order to lower health care costs to business and government.

A compromise deal would therefore have to include provisions that Britain «pay [s] our fair share of the costs of enlargement», the budget be reduced, and a mid-term review be set up to allow for changes at a later stage.

In releasing his plan, Faso — who as a member of the Assembly cut spending and championed proposals that led to real balanced budgets — called it a smart way to reduce costs, increase efficiencies and align New York with most other states in the nation that don't pass their Medicaid expenses down to county taxpayers.

To a large extent, state fiscal policies have caused great pressure on property taxes in needy cities, counties and school districts, including decisions: to reduce revenue sharing; to decrease the share of local school budgets covered by state aid, to divide the non-federal share of Medicaid costs without considering ability to pay, and to allocate STAR benefits... (read more)

The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of electricity tariffs and transport fares were all not captured in the budget.

According to the budget briefing book, the governor will «seek a partnership with state employee unions to reduce workforce costs.»

These new initiatives in the proposed budget, in conjunction with no significant cost shifts and the important reforms enacted in last year's budget, will help reduce budget pressures for counties.

Vanderhoef will also be seeking to layoff 150 county workers, save $ 1.8 million by not reimbursing out - of - county students at the community college, cut the intelligence task force from the police budget, kick $ 1.4 million in local election costs back to towns, reduce funding to contract agencies by $ 300,000 this year and over $ 500,000 next year, and install a new charge on your motor vehicle registration.

All capital budget items shall include justifications based on return on investment, leverage of other revenue sources, payback period, impact on credit rating, relative value in reducing operating or capital costs, or other such appropriate measures typically utilized to justify and prioritize such expenditures.

And while he finds it to be fiscally sound and applauds the plan for closing the out year budget gaps, he takes issue with the Governor's Tier VI pension proposal, saying it «does not provide for cost of implementation» while also suggesting Cuomo's budget would «would reduce long - established checks and balances.»

The Executive Budget also streamlines (and reduces the cost to the state of) several business tax credits, including the investment tax credit and the brownfield redevelopment credit.

Some small European states such as Latvia, Estonia and Ireland did manage to re-start their economic growth while imposing austerity budgets — but only by ratcheting down their wages and prices, via a big dose of unemployment, until their much - reduced costs sparked an export revival.

Last year, the nonpartisan Congressional Budget Office concluded that enacting medical malpractice reform would, on average, reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state bBudget Office concluded that enacting medical malpractice reform would, on average, reduce malpractice insurance costs by 10 percent nationwide, and probably more in New York, resulting in a more than $ 300 million of overall reduction in health care spending in our state budgetbudget.

For Cuomo, the budget is about reducing the cost of bureaucracy.

Cuomo was touting a provision included in the approved 2017 - 18 state budget designed to spur county officials to work with municipal government leaders in finding ways of sharing services to reduce costs.

The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.

The Legislature passed a budget that made clear that reducing these costs would be achieved either through the collective bargaining process or through layoffs.

Mr. Fuleihan said in the email the budget office would work with agencies «to find productivity and management improvements by restructuring the delivery of programs or services, using technology to produce efficiencies, improving revenue collection, reducing administrative and overhead costs, and funding underused programs at the appropriate levels.»

The Executive Budget would make that change contingent on measures to reduce costs, including an increase in the tax on nursing homes and steps to encourage family financial support for long - term care.

Provisions in the Executive budget would also create new 3 and 5 year hunting, fishing and trapping licenses, reduce the cost of 7 - day fishing licenses and allow promotional discounts on designated days and six additional free fishing days.

The end result would completely eliminate Medicaid costs from county budgets, providing municipal governments with the flexibility to substantially reduce local property taxes.

In a recent meeting with Dutchess County's mayors and supervisors, County Executive Molinaro outlined how his budget proposal will impact local municipalities and encourage localities to work together and with the County to find greater efficiencies, consolidate government, enhance service delivery and reduce costs for taxpayers.

After his talks with the public - employees union to reduce workforce costs didn't produce savings, the governor is specifically looking for «one day of furlough in each appropriation that we make from here on until we pass this budget,» he said, adding for dramatic effect: «The crisis is worsening and we must take action.»

The reduction was achieved by eliminating a position, slashing the office supply budget line and reducing its rental costs, among other cuts.

And the Law Officers Department will reduce its budget by a total of 24 per cent over the four years, with the Crown Prosecution Service «greatly reducing its inflated cost base», Mr Osborne said.

Plus: Health insurers in New York state are concerned that the budget doesn't include funding designed to reduce out - of - pocket costs and reimburse plans with higher - cost members.

Poloncarz presented the 2013 Erie County Proposed Budget on October 15, 2012, which maintains the quality of life programs and services demanded by the public amid increases in State - mandated costs and reduced revenues.

He contrasted the mayor's desire to let the millionaire's tax sunset this year — which he said would blow a $ 5 billion hole in the state budget — with the mayor's insistence in his State of the City address that the city needed to be able to reduce pension benefits and lay off «more expensive» senior teachers to cut costs.

Details on several new initiatives emerged on Friday night: the budget will include $ 8 million to help reduce student costs by pushing spending on e-books, and union dues will become deductible on state income taxes, which will cost the state $ 50 million.

The strategies prepared by the Ministry of Budget and National Planning would further reduce personnel costs by eliminating unjustified entries in government payroll, it was learnt.

These include lowering expense projections for retirement and health insurance expense to reflect lower projected usage and rates not available at the time the budget request was prepared; lowering utility cost estimates to reflect the significant decline in energy demand and prices resulting from reduced economic activity and lowering other operating cost estimates to reflect lower anticipated price changes.

We are driving the cost of government down, we are reducing the budget by nine percent to 2008 levels, we have reduced the size of our organization by twenty - two percent and we are still delivering services.»

But in the face of media criticism the governor retreated, promising the budget proposal was just a jumping - off point for a «jointly managed» process to «reduce the cost of bureaucracy» that, when finished, «won't cost New York City a penny.»

Chipman said it was «ridiculous» for county officials to expect town budgets to be reduced proportionately to the cost savings.

• When Tier 6 was adopted two years ago, the governor's Division of Budget projected it would reduce pension costs for state and local government by more than $ 35 billion over 30 years; and

The budget funds essential services at a minimal cost to taxpayers, while honoring the County Legislature's law mandating a $ 10 million payment be made to reduce the deficit.