Sentences with phrase «significant budget shortfalls»

In today's economic environment, it is no secret that many states face significant budget shortfalls.

«This should be New York State's cue card to step up and prepare for significant budget shortfalls.»

Not exact matches

But as our provincial credit ratings have been downgraded, it will be important for the current and future governments to implement policies that will actually address the government's significant revenue shortfall and growing budget deficit.

That said, the long - term implications of bailouts, tax shortfalls and lack of budget discipline is likely to be significant inflation pressure beginning about 4 years or so out, and continuing for the remainder of the decade.

Reacting to the report, Highways Term Maintenance Association chief executive George Lee said: «This year's ALARM survey makes for very interesting and possibly surprising reading, as it seems to indicate a significant turnaround from previous surveys with a 10 year high in maintenance budgets, the budget shortfall dropping and the critical «catch up cost» dropping by # 2.7 Bn.

This significant shortfall required budget cuts throughout the district.

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.

Auditors for documenta 14, which closed this year with a significant deficit, have reported that the shortfall was primarily caused by the exhibition's second location in Athens, which caused the budget to spiral thanks to additional security, labour, transport and space costs.

The seemingly modest budget shortfalls we have absorbed for the past five years are taking a significant toll on the health and well being of the National Center for Atmospheric Research (NCAR).

So what is a law firm leader to do when a firm suddenly ends a nice streak of fiscal successes with a significant shortfall against budget?

Take action to address the significant FY2015 budget shortfalls for the Child Care Assistance ($ 300 million) and Early Intervention (at least $ 20 million) programs