Tom DiNapoli: «Now that the economy has certainly been in a recovery mode, it's certainly not as strong as we'd like it to be in many parts of the state, I think now is a good time for us to look not only at this program, but at the various economic development dollars that we've spent over the past few years to see what kind of return we've been getting on
those taxpayer dollar investments.
Not exact matches
He says the New Jersey bank would «take money out of Wall Street and put it to work for New Jersey — creating jobs and growing the economy [by] using state deposits to finance local
investments... and... support billions of
dollars of critical
investments in infrastructure, small businesses, and student loans — saving our residents money and returning all profits to the
taxpayers.»
A decade - old, 18 - story,
taxpayer - funded hotel in the village of Lombard is headed for bankruptcy, proving to be a misguided
investment of
taxpayer dollars.
Why couldn't the Fed and Treasury do for Lehman what they did with other Wall Street
investment firms and stock brokers: let it reclassify itself as a bank so it could pawn off its junk mortgages at the Fed's discount window for 100 cents on the
dollar, sticking
taxpayers with the loss?
Last year, Cuomo announced a plan that would have used state funds to pay for college for prison inmates, arguing that the
investment would save
taxpayer dollars in the long run because incarceration is more expensive than education.
Forand also cited DiNapoli's audits of state and local governments and school districts that save
taxpayers millions of
dollars statewide while using the
investment clout of the pension fund to influence corporate behavior such as in addressing climate change.
«Improving the energy efficiency of state buildings will save hundreds of millions of
taxpayer dollars, create new jobs from the capital
investments in energy - saving projects, and benefit the environment.»
The energy savings generated by these efficiency improvements to state - owned buildings will not only repay the state's initial
investment in a few years, but will continue to save millions of
taxpayer dollars for years to come.»
Such a project could cost in the hundreds of millions of
dollars - money that might come from SU, a private developer and, like the Carrier Dome, a big, long - term
investment from state
taxpayers.
«It is an utter disgrace that the MTA is sitting on millions of
taxpayer dollars and making
investments without any goals or financial plan.
The $ 25 million contract would have been part of an «in - state»
investment for the multi-billion
dollar New York state pension retirement system, which state
taxpayers subsidize annually for roughly $ 2.5 billion.
Additionally, Cuomo says his budget has a $ 25 billion economic development agenda, funded largely by leveraging billions in private sector
investment rather than by
taxpayer dollars.
In an interview, State Comptroller Thomas DiNapoli said that, over the last 20 years - including 2007 and 2008 - 84 percent of the funds in the plans his office oversees have come from
investment earnings, not
taxpayers»
dollars.
«When the stock market doesn't meet lofty
investment goals set by state officials, it's
taxpayer dollars that make up the difference,» said Tim Hoefer, executive director of the Empire Center.
This will direct millions of
dollars a year of
taxpayer money to much needed
investment in infrastructure.
«I want to ensure that these
dollars are well spent and that
taxpayers are getting a return on these
investments.
Billions in
taxpayer dollars are spent on job - creation programs, with little return on
investment.
«Harry Wilson is the advocate for less risky, fixed income
investments in the Pension Fund to protect
taxpayer dollars.
The New York State Pension Fund, and the
taxpayers who have to backstop it, have lost billions of
dollars because Tom DiNapoli made risky
investments on Wall Street in an attempt to meet an unrealistic return expectation that any private sector money manager in America — except maybe Bernie Madoff — would know is a fallacy.»
The corruption is one thing, but these are just a bad
investment of
taxpayer dollars,» she said.
«But a second problem that we've voiced concern about, which is sort of getting lost in the conversation, is that a lot of these are a bad
investment of state
taxpayer dollars.»
«It is the responsibility of elected officials to use
taxpayer dollars in a manner that leads to the best return on
investment for those same
taxpayers.»
We must also be better stewards of hard - earned
taxpayer dollars by directing federal
investment where it can be most effective in addressing our energy needs.
The Chinese government itself is concerned about getting a good return on the country's research
investment as well as being able to assure
taxpayers that science and technology
dollars have been well spent.
While the President may offer proposals, Congress must review both requests to assure the wise
investment of
taxpayer dollars.»
After all, a common test does make life easier for parents «shopping» for schools across the public, private, and charter sectors and for
taxpayers seeking evidence of return on
investment from their education
dollars.
In compiling this report, the authors conducted extensive research — including interviews with state and district officials, along with an examination of curricula price lists — which provides a detailed picture of how public schools could increase the return on
investment, or ROI, of
taxpayer dollars.
One measure is «return on
investment» (ROI), which tries to determine how much return
taxpayers are getting for each
dollar the state spends.
Malloy may claim the 25 schools will see an
investment of money but rest assured that once the new management entities skim off their share and hire their consultants, the Commissioner's Network system will cost those cities and their
taxpayers millions of
dollars.
â $ œWhat we should probably do is go split up
investment banking from banking, have banks be deposit - takers, have banks make commercial loans and real estate loans, have banks do something thatâ $ ™ s not going to risk the
taxpayer dollars, thatâ $ ™ s not too big to fail, â $
Those in favor of the idea feel it is a better
investment of both
taxpayer dollars and Department of Education resources.
Just over a decade ago, the Canada Revenue Agency (CRA) was asked whether a
taxpayer was required to use the Bank of Canada annual average exchange rate to convert pension and
investment income to Canadian
dollars.
We need to rapidly adopt new thinking about what constitutes «infrastructure» and implement new policies so that green infrastructure
investment can complement traditional grey infrastructure to derive the maximum
taxpayer benefits from the billions of public
dollars invested each year.
But if it turns out that natural gas offers a more modest improvement over coal and oil, as the new EPA data begin to suggest, then billions of
dollars of
taxpayer and industry
investment in new infrastructure, drilling and planning could be spent for limited gain.
«We look at this as that other counties and thousands of children, born and yet to be born, are looking at us to lead the way, to do a good job, to prove that this really works, that it's worth the
investment of
taxpayer dollars in the long run to have high quality early learning opportunities for all children, especially those from low - income families,» says John Peirce, a consultant to the United Way of Allen County for Early Childhood Initiatives.