Sentences with phrase «spend on capital projects»

The amount that the county will spend on capital projects wasn't the only area of the agreement that drew attention from legislators.

The state DOT has billions of dollars at its disposal to spend on capital projects but doesn't tell the public what it plans to do with the money.

Gov. Andrew Cuomo defended his record of spending on capital projects for the New York City subways, saying critics who question the use of funds for other transportation efforts are «full of baloney.»

They say those cuts don't show up in the government's tally of science spending, however, because much of the reduction comes in spending on capital projects — such as new buildings and equipment — which the newly elected Conservative - Liberal Democrat coalition government last year moved outside of the science budget.

Not exact matches

The company spent $ 2.4 billion on capital projects at its domestic parks in the last fiscal year.

Capital spending on major mining, energy and infrastructure projects in Australia is set to drop more than 60 per cent over the next three years, according to analysis by ANZ Banking Group.

For a 110,000 barrel per day mine, each additional billion spent on start - up capital translates to about $ 525 - $ 560 billion million fewer taxes and royalties (in today's dollars) over the 40 year life of the project.

Critics point to a misallocation of capital: Money spent on buybacks is money that isn't invested in projects that fuel longer - term success.

While rising commodity prices have certainly played their part in lifting Teck's business, management's decision to wind down capital spending as new projects come on line has allowed the company to reduce debt and significantly boost free cash flow.

I'm perfectly fine in taking a promising developmental project in the later rounds and leaving the Ridley's and Moore's of the draft for someone else to spend high draft capital on.

It spent nearly $ 800 million on capital improvement projects from 2002 to 2011.

Among other major projects in this year's capital spending plan, the Park District will spend $ 60 million on fixing the downtown Grant Park garage, $ 10 million to help replace the barriers that protect Lake Michigan's shoreline, $ 7.5 million for restoration of four lagoons and $ 8 million for a new boat harbor downtown.

But the spending down of reserve funds — instead of taking on more debt — to cover capital projects puts the deficit at $ 5.1 million, Becker said.

On top of this # 5bn of new capital spending in infrastructure and support for business, we are ready to provide guarantees for up to # 40bn more — today I can announce that projects worth # 10bn have already prequalified.

NEW YORK (Reuters)- Half of the money spent so far from New York state's $ 10 billion in legal settlement windfall has gone to support the state budget rather than the capital projects for which it should be used, the state's chief fiscal watchdog said on Friday.

A debate over a massive education, labor and ethics bill lasted for more than six hours in the chamber on Tuesday and Assembly Republicans called a conference on a capital projects spending bill at 10 minutes to midnight.

Along with the reduced bump in aid to K - 12 schools, Cuomo called for a modest 1 percent increase in higher education spending, a 3 percent increase in health care and 14 percent hike on big - ticket capital projects.

According to him, Governor Ahmed noted that in order to spend more on capital projects, government has to sustain reduced recurrent expenditure and ensure cost cutting in governance.

The government has been spending more on capital projects, said Conservative minister David Willetts, who said it «must stick to the economic policy and programme we have laid out».

Still, Cuomo has sought to invest heavily in mass transit infrastructure, spending $ 100 billion over the next five years on capital spending projects at the MTA.

Thus, if the state spends more on capital projects than we can raise through bond sales, we would need to cover those project costs with the state's operating cash from its cash pool.»

On the budget Vince Cable says he's arguing «very, very, very strongly» for a huge increase in capital spending on 40 projects in housing, hospitals, roads, rail and universitieOn the budget Vince Cable says he's arguing «very, very, very strongly» for a huge increase in capital spending on 40 projects in housing, hospitals, roads, rail and universitieon 40 projects in housing, hospitals, roads, rail and universities.

That excludes major items like school aid and Medicaid — both of which are projected to grow at roughly four percent, and which also vary with federal funding — as well as spending on major capital items.

Madison Mayor Paul Soglin is calling for an overall spending increase on construction and other capital projects in 2015 but about $ 10 million less on newly proposed projects.

Rep. Melissa Ziobron, the ranking Republican on the appropriations committee, said she was proud of the budget agreement, which contains many ideas the GOP has long pushed such as a cap on spending and bonding long - term capital projects.

Residents will vote Tuesday on the roughly $ 186.3 million spending plan, the election of three school board members and a $ 64.5 million capital project referendum.

Along with a 3 percent increase in aid to K — 12 schools, Cuomo called for a 1 percent increase in higher education spending, a 3 percent increase in health care and 14 percent on big - ticket capital projects.

Corrupt states also spend more on construction and capital projects and less on services, including education.

The Department for Education says work on the 42 schools being prioritised will be paid for out of its capital spending budget, including efficiency savings from ongoing BSF projects.

The report does not specify what the money has been spent on but councils said cash reserves could be used, for example, to invest in additional resources, staff or capital projects.

The Fordham Institute estimated that the CCSS cost $ 12.1 billion from 2012 to 2015.27 The conservative Pioneer Institute and American Principles Project estimate a mid-range cost of $ 15.8 billion over seven years for the CCSS, with $ 1.2 billion spent on assessments, $ 5.3 billion on professional development, and $ 6.9 billion for tech infrastructure and support.28 According to the New York Times, in part due to the CCSS, venture capital investment in public education has increased 80 percent since 2005, to a total of $ 632 million in 2012, a figure that has no doubt increased since.29 Bill Gates and Microsoft have cashed in on this lucrative market: in February 2014, Microsoft announced it was partnering with Pearson to install Pearson's Common Core materials onto Microsoft's Surface tablet.30

Major U.S. hotels may have delayed a number of necessary capital improvement projects during and after the Great Recession, but they're making up for it now with record spending on renovations, upgrades and other guest - related improvements.

Green has long been concerned with overlapping themes of domesticity, decoration, art history, food and social justice in her work, and continues to spend half of each year working on her widely - exhibited project about capital punishment, The Last Supper.

One of the most notable climate - related resolutions appeared on Chevron's proxy statement, and was aimed at reining in capital spending on costly and risky new projects.

The Oklahoma Corporation Commission denied last week the application of Oklahoma Gas and Electric (OG&E) to spend $ 1.1 billion on new capital projects — primarily coal plant retrofits to comply with federal environmental standards.

Of Shell's $ 334 billion in potential («potential» again includes capital spend on the prospective resources that Shell could develop) upstream oil capex from 2014 - 2025, $ 107 billion (32 %) is projected to be spent on projects with a BEOP above $ 80 / bbl.

Investors want assurances that capital is not being spent on high - cost, high - carbon projects that may not be competitive as global coal demand declines.

«Given the amount of money you're spending on high - cost, high carbon projects... given your demand restraints due to carbon asset risks, we think a more prudent use of capital is to return more money to shareholders through dividends and share buybacks.»

In particular, companies have had to revise how much they're going to spend on existing or new projects, known as «capital expenditure», or «capex» for short, to avoid wasting huge piles of investors» cash, and maintain dividends.

The SIB has also put in place an investment strategy tracking system with a «senior responsible owner» appointed for each project, tasked with reporting monthly on capital spend to date, contract structure and nature of sub-contracts.

«Companies have cut back on capital spending on a lot of projects,» says Borbridge «It's not that they won't be completed but it may mean delays, postponement, or cancellation.»