Public financial support is needed annually to cover
our structural operating deficit.
Syracuse Mayor Ben Walsh addressed economic development plans and the city's looming
structural operating deficit in his first «state of the city» address on Wednesday.
Not exact matches
Is the government applying an additional freeze to
operating budgets to get rid of a
structural deficit created in part by significant cuts to taxes before the recession?
Laziridis says New Democracy is committed to bringing the
deficit down and to «much of the
structural change suggested by the troika» but calls some of the proposals «ill - advised» and warns in colourful language that: «if Greece explodes, it will be 100 % blame on those who do not let a country breathe before they
operate.»
What the government has promised to do is cut the nation's
structural deficit - the public sector spending
deficit that exists even when the economy is
operating at its full potential.
It appears that a least two (Hoehmann and Borelli) and sometimes a third Town Board member (Hausner) understand that the taxpayers have been milked enough to the extent that all of them will be out of office when they come up for re-election if capital and
operating expenses are not cut in the coming years to pay for the Town's debit and its continuing
structural deficit.