Sentences with word «unfunded»

Yet Westchester's Astorino was waiting for mention of unfunded mandates in the governor's speech.

According to a recent policy study by Andrew Biggs for the Show - Me Institute, the total amount of unfunded liabilities for PSRS is more than $ 5 billion.

As a parent and legislator, she used her first term to study the real issues associated with the Common Core, its testing system and the impact of unfunded mandates on public education.

Late - career teacher salary raises can dramatically affect state unfunded pension liabilities

Local governments and school districts are asking for a reduction in unfunded mandates in order to comply with a 2 % property tax cap imposed by Cuomo and the legislature last year.

By restoring state revenue sharing to former levels to pay for unfunded state mandates, which are driving many cities, towns, and counties toward bankruptcy, New York's local governments could fully fund their services and still cut their highest - in - the - nation property taxes.

According to a report written by an independent financial review panel that was commissioned by LAUSD, the district owes more than $ 20,000 per student for unfunded liabilities (see page 44) although per pupil expenditure in California is less than $ 10,000 per student.

There are smaller cities and towns, companies big and bigger, and even some states with unfunded pensions.

States and districts are likely to feel rising pressure from unfunded pension promises.

These gaps are likely to continue to widen as states and school districts attempt to pay down large unfunded liabilities in educators» defined benefit (DB) pension plans.

4022 (c) Benefit (for Single - Employer Plans only)- For a PBGC - trusteed single - employer plan, a benefit payable by PBGC to a participant on account of PBGC's recoveries of unfunded benefit liabilities.

The Labour leader was asked by a delegate at the National Association of Head Teachers annual conference in Telford whether he was «brave enough» to reverse the real - terms cuts faced by schools as a result of unfunded cost pressures.

Small venture capital funds, augmented by unfunded secondary purchases, offer one of the best opportunities to capture such outsized return potential in an asset class poised for a rebound over the next decade.

At a time when education is acknowledged as a priority for America's success and competitiveness, NSBA believes that it is imperative that federal policy — including implementation of the child nutrition reauthorization — assures that educational systems are supported, not undermined by unfunded mandates or under - resourced requirements.

After years of lambasting the Conservatives for planning unfunded tax cuts, Brown now plans to do the same.

For his part, Emanuel was still pressing for a delay to address the city's pension situation, as unfunded pension liabilities for the city alone reached $ 19 billion.

The whole list you put up against Bush does not put a dent into 84 trillion in unfunded obligations and the 16 trillion dollars in National Debt.

The state legislature should not override the Mayor and the Speaker's responsible management of one of the highest cost burdens on local government, nor should Albany be imposing more unfunded mandates on the city.»

With unfunded public pension liabilities of more than $ 198 billion, choices over compensation and benefits are profoundly political affecting the long - term financial viability of the state.

The long - laid but previously unfunded plans at the Buffalo VA would include $ 30 million in renovations to the patient wards; $ 20 million for a new ope...

Warning delegates that Britain is «sinking in a sea of debt», the shadow chancellor berated Mr Brown for offering more unfunded commitments in his leader's speech in Brighton last week.

The plan to fund unfunded retiree health obligation: There is none.»

«Talk about unfunded mandates,» said Elin Katz, a school board member in suburban West Hartford.

They are busy managing the uncertainty created by the General Assembly's unfunded class - size mandate, rather than focusing on their core mission of educating North Carolina's children.

The fact is that if he was more focused on reducing unfunded state mandates, counties like Ulster would not need the additional 1 percent sales tax he blocked in the first place.

Hutton simply doesn't get it, we can't afford the huge unfunded debt that public sector pensions create and the only way to change is to have the fight with the unions now and make the change to Defined Contribution.

And, it doesn't include the so - called unfunded liabilities of entitlement programs like Social Security and Medicare.

Democrat Terry Gipson of Rhinebeck has introduced legislation that would amend the New York State Constitution prohibiting the state from imposing unfunded mandates on local governments and school districts.

Even more importantly, Malloy's new unfunded state mandates for far more standardized testing and the warped teacher evaluation program will cost Connecticut communities tens of millions of dollars.

They are proposing yet more unfunded spending, meaning more borrowing and more taxes to pay for it.

So that state and local governments can remain financially sound enough to support good schools, Congress should keep its promise to end unfunded federal mandates.

He wants to limit state spending to available resources, address unfunded pension costs, focus on paying for core services and reform the budgeting process by not waiting until the final days to pass a new tax - and - spending plan.

Standard & Poor's also wrote in its recent bond outlook pension system is a key «indicator of budget stress» that — along with a largely unfunded retiree health care system — raises the prospect of more state tax hikes in years to come.

While official estimates are slightly lower, most reasonable estimates put California's total unfunded liabilities for state and local pensions at around $ 500 billion.

Library officials denied the accusation, saying the money has already been allocated and that there are still $ 300 million worth of unfunded projects in the pipeline.

Phase two, a more extensive but still unfunded $ 3.5 million project, would expand existing playgrounds in the park, make the entrance to the park ADA accessible and add a «green» comfort station with storage for the Parks Department.

The Governor has claimed to have done everything he can at the state level to lower taxes yet unfunded mandates continue to burden counties.

Charter schools did not create unfunded pension systems.

«This is something that saves local government money, it eliminates unfunded mandates,» said Silver, who says it's estimated that $ 50 million dollars would be saved.

That doesn't even include unfunded health insurance liability.

As the state tries to grapple with massive unfunded pension costs, unions worry that possible pension changes may follow the example set in 2010 when both chambers passed pension changes for future employees in a single day.

One article said the Republicans mastered «post truth politics» when they realized their rhetoric doesn't have to bear any relation to their policy agenda so they talk about cutting the deficit while at the same time driving up the deficit by slashing taxes on the rich and launching unfunded wars.

«There are too many unfunded state mandates.»

Sometimes, governments facing unfunded liabilities will contribute more than is needed to cover accruing benefits.

And the growing development pipelines create a bigger unfunded capital commitment, which proved to be problematic in the last downturn.

The debt crisis is not over; it is morphing into a sovereign crisis, aid by the growing unfunded liabilities from government pensions and healthcare.