Sentences with phrase «shortfall in state funding»

Today, UC President Mark Yudof released a furlough plan that would shave $ 184 million from the university's projected $ 813 million shortfall in state funding over the next 2 years.

Not exact matches

State pension funds, facing a potential multitrillion - dollar shortfall, find themselves in the center of a four - way battle: Employees and retirees expect to be paid their promised benefits; the pension systems have clear obligations but may not have the resources to pay them; politicians are looking for ways to resolve the underfunding and balance the burden among retirees and workers; and state taxpayers, challenged to provide for their own retirements, resent the additional tax State pension funds, facing a potential multitrillion - dollar shortfall, find themselves in the center of a four - way battle: Employees and retirees expect to be paid their promised benefits; the pension systems have clear obligations but may not have the resources to pay them; politicians are looking for ways to resolve the underfunding and balance the burden among retirees and workers; and state taxpayers, challenged to provide for their own retirements, resent the additional tax state taxpayers, challenged to provide for their own retirements, resent the additional tax load.
The governor and state Legislature laid out a plan as part of the budget package in April to cope with any potential shortfalls resulting from a dramatic decrease in federal funds.
Specifically, he mentioned the administration's elimination of the state's share of funding for local administrative costs of child support enforcement and collection and he called on the state to fill a $ 5 million shortfall in funding for the Nurse - Family Partnership Program.
A source close to the negotiations said that all three sides were close to agreement on a mechanism that would allow the state to respond to a drop in federal Medicaid funding by initially trying to find a legislative solution or, if one could not be reached, empowering the executive branch to make an across - the - board cut to service providers to make up the shortfall.
If enacted, the state would deposit the tax revenue in a proposed health care shortfall fund that would offset losses to New York from cuts in federal health care funding to the state.
Aregbesola said the harmonisation of 2012 retires by theFederal Government through the Pension Transitional Arrangement will serve as a relief to states who were hitherto affected by the shortfall in the funds accruable to states.
Mr Cameron also called for international action to secure humanitarian access to war zones... Mr Cameron announced Britain's new aid contribution - bringing the total UK funding for assistance in Syria and neighbouring states to # 400million - at a meeting he called to urge fellow leaders to dig deep to fund a $ 3billion (# 1.9 billion) shortfall in the United Nations appeal for Syria.»
NYCHA highlighted the extent of its shortfalls in a statement sent to the Observer, and emphasized its primary concern is compensating for years of lost federal and state funding and fixing up its infrastructure.
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.
Cuts / freezes in federal or state aid just ramp up pressure on local systems (pressure to cover the funding shortfall).
And in a landmark ruling, the Kansas Supreme Court has ordered the state to address significant shortfalls in how its public schools are funded, citing low academic achievement by black, Hispanic, and low - income students as among the deciding factors.
«The current system of facilities funding leaves school districts unprepared to provide adequate and equitable school facilities... In total, the nation is underspending by $ 46 billion — an annual shortfall of 32 %,» the report states.
Meanwhile, state officials reported dropout decreases in large school systems such as Charlotte - Mecklenburg Schools and Wake County Schools, although some public school advocates point out that may only indicate state funding shortfalls will have the least impact on school systems with the resources to blunt the damage.
A private religious school receiving by far the largest payout from the state's new school voucher program was in financial trouble during the last school year, pleading for help from the public online to fund its $ 150,000 shortfall so the school could complete the 2013 - 14 school year.
Zimmer identified three factors pushing the district toward the financial abyss: the federal government's reneging on promises of more money for special education students, creating a $ 200 million shortfall for the district; the state's «extremely low» per - pupil funding level and the district's steady decline in enrollment.
And while local officials acknowledge multiple factors may play into tonight's decision, Central Elementary's plight has become a rallying cry among public education advocates in North Carolina this month, with some castigating state lawmakers for handing down funding shortfalls that increasingly strain local school systems.
Backers of the legislation wanted to prevent students like Jacob from falling through the cracks in the state's public - school system, where many districts are struggling with funding shortfalls.
Washington, D.C. --(March 23, 2016)-- The State of Our Schools: America's K — 12 Facilities report, released today by the Center for Green Schools at the U.S. Green Building Council (USGBC), the 21st Century School Fund and the National Council on School Facilities, shows that the nation faces a projected annual shortfall of $ 46 billion in school funding, despite significant effort on the part of local communities.
The report features an in - depth, state - by - state analysis of investment in school infrastructure and focuses on 20 years of school facility investment nationwide, as well as funding needed moving forward to make up for annual investment shortfalls for essential repairs and upgrades.
Governor Corbett and state lawmakers used a revenue shortfall in the 2011 state budget justify slashing nearly $ 900 million in public education funding.
Justice, a Republican, has promised to convene a task force as early as this week to figure out a way to resuscitate the insurance agency, whose severe funding shortfalls have resulted in rising co-pays and other health - care costs not only for public - school teachers but also for state employees across the board.
For example, a teacher in Iowa, a state with strong fiscal health and a substantial surplus, recently discovered that her pension contributions were recently raised to cover a multi-billion dollar shortfall in the state's teacher pension fund.
The bulk of the aid increase proposed for next year would be split in three ways: $ 408 million to reimburse schools for costs such as transportation, construction and BOCES services; $ 266 million for Foundation Aid, the main source of funding for general school operations; and $ 189 million to partially restore the Gap Elimination Adjustment (GEA), a practice of diverting promised funding from schools that began six years ago to help the state deal with a budget shortfall at that time.
All the proposals to increase the state's special population programs — including recognized shortfalls in funding or bilingual education and English as a second language (ESL) programs and state compensatory education — were turned away.
For the past few years, federal emergency recovery funds made up at least part of the shortfall in state and local revenues caused by the steep recession, but that won't happen again.
The shortfall from the state's pension funds reached an all - time high of $ 111 billion in 2014, $ 62 billion of which was attributable to TRS.
Two South Florida state lawmakers plan to ask the Legislature to increase the public education budget, which they say was insufficiently funded during the 2018 Legislative Session and anticipate a budget shortfall exacerbated by mandates passed in the Marjory Stoneman Douglas High School Public Safety Act.
With recent tax policy changes creating large national deficits and states facing persistent budget shortfalls, finding ways to pay for new policies is always difficult.93 Below is a list of some creative ways to fund the ideas listed in the previous sections.
The S&P 500 dropped 39 % in value in 2008, causing some state 529 college savings plans to lose money and many prepaid tuition plans to have actuarial funding shortfalls.
So the state continuing to increase funding for shutting down poorly - run breeding operations in spite of these budget shortfalls is HUGE.
In addition to increasing enrollment, funding shortfalls across several states act as an additional driver of student housing solutions from the private sector.
Millions of government workers are relying on these plans, and with various states in a pension shortfall, employees are at risk of losing much - needed funds.
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