Sentences with phrase «used authority funds»

Not exact matches

Authorities said Platinum operated «like a Ponzi scheme» by using new money to fund redemptions by earlier investors, which were referred to internally as «Hail Mary time.»

The firm's website explains that by using its newly unveiled service, companies interested in holding a token offering can «Access a large range of securities & compliance capabilities by conducting token sales through a registered broker dealer and [Financial Industry Regulatory Authority] registered funding portal.»

Authorities will then use the rest to fund services for the homeless.

The Gold Anti-Trust Action Committee (GATA) believes that the Exchange Stabilization Fund, under the authority of the President and Treasury Secretary has been used to surreptitiously manipulate the price of gold.

To some extent, the falling prices of commodities such as iron ore and copper appeared related to attempts by Chinese authorities to rein in credit expansion, principally through stricter regulation of the financial sector and a tightening of liquidity in money markets used by banks and companies for funding.

She is the Director of the Optimal Birth BC program, funded by the Canadian Institutes of Health Research, which develops syntheses of evidence for clinicians, decision - aids and information packages for childbearing families, and uses local data to evaluate clinical practice and direct change to reduce rates of cesarean section in BC hospitals and health authorities.

The central school services block is funding that local authorities use to provide services for all schools.

If a part - time place is agreed by the local authority, the institution should use its place funding where available in line with the principles outlined in this guide.

If a part - time place is agreed by the local authority, the institution should use place funding where available.

To ensure good planning and best use of funds, it's important for local authorities working across sub-regions and regions to collaborate and share intelligence on available places.

But if the monies were also used to part fund local authority major roads, the study says, these networks would work much more effectively.

This funding arrangement works as long as each council assumes reciprocity - the local authority funds a local refuge which will mostly be used by women from other areas but its own residents will be able to seek safety in refuges funded by other councils.

Besides assisting communities affected by state facility closures, these funds will be used to provide more than $ 130 million for competitively determined economic development projects put forward by the Regional Councils, $ 100 million for the Metropolitan Transportation Authority's capital program and $ 10 million towards the State's existing commitment for the New York City Empowerment Zone.

Guidance published today by the government will set out the ways in which local authorities and their partners can use the funds.

The state will pay for the new projects and improvements on infrastructure by using existing state, Metropolitan Transportation Authority, Port Authority and financial settlement funds from banks, Cuomo said.

The Housing Authority will use the funds to increase the capacity and efficiency of the complex's emergency generator.

In the meantime, Miner is trying to assure the Authorities Budget Office that federal funds will never be used to meet SURA payroll.

«We are considering options,» Weinstein said, «but as it is a project to generate tourism and economic development, and uses technology for energy efficiency, it will be financed by [the New York Power Authority] and parts of the project could likely be funded by [Empire State Development].»

The man from the DOB referenced a memorandum that ESD president Howard Zemsky had signed on Wednesday, outlining what he said was legal authority to change the funding stream afforded to him by a 1998 vote of the ESD Board so that the agency leader could «use ESD's resources most efficiently.»

Population figures used by the government to establish funding levels for local authorities are unworkably inaccurate, MPs have warned.

The highway trust fund shouldn't be used to pay for mass transit, but instead roads, Katko said, or at least mass transit authorities should pay in too.

Brad Austin, the ESD lawyer who presented to the project at the Jan. 28 meeting of the PACB, said the authority was re-evaluating how it uses the investment fund and promised more money for the ice rink project was forthcoming.

In addition to toll roads, toll bridges and toll tunnels are also used by public authorities to generate funds to repay the cost of building the structures.

About $ 500,000 will come from an annual Mohawk Valley Water Authority payment that has been used in the past to supplement Utica's general fund.

Early on Wednesday the NYPost reported that «Queens Assemblyman William Scarborough was hit Wednesday morning with a 23 - count indictment charging him with using campaign funds for personal expenses, authorities said.Scarborough, a Democrat first elected in 1994 to represent the 29th Assembly District in southeast Queens, was arrested following a joint probe by the offices of state Attorney General Eric Schneiderman and state Comptroller Tom DiNapoli.»

Supporters of the decision to use the funds said the plan will save over $ 40 million in interest payments from what they would have paid if they borrowed from the Dormitory Authority.

The New York State Energy Research and Development Authority (NYSERDA) and the state Public Service Commission (PSC) have awarded $ 30 million to help fund large - scale solar power projects that will assist facilities in New York City and the lower Hudson Valley generate electricity for their own use.

He authored legislation to require more accountability from the more than 700 state and local authorities that use public funds and provide quasi-governmental services like mass transit and economic development.

«DiNapoli's proposal would require state - funded public authority projects to be scored and ranked using measurable and objective criteria.

DiNapoli's proposal would require state - funded public authority projects to be «scored and ranked using measurable and objective criteria,» he said, as well as greater disclosure of those authorities» activities.

As a quid pro quo to the Power Authority taking care of George's friends and family club members, George, his oversight committee, looked the other way and abrogated his responsibility to not only the taxpayers of his district but to all Western New Yorkers by letting the Cuomo / Silver progressive establishment cartel, in two successive budget bills in 2011 and 2012, sweep $ 600,000,000 from the bank account of the Power Authority to the General Fund of the State of New York — monies that should have been used for the economic benefit of Western New Yorkers.

The new budget is also expected to include $ 250 million in new funding for the beleaguered New York City Housing Authority and would also grant the city power to use the design - build procurement process for projects at NYCHA and the reconstruction of the Brooklyn - Queens Expressway.

ORDA will use these funds to perform a variety of capital improvement projects at the Authority's facilities.»

«For weeks I have asked for New York Attorney General Andrew Cuomo to use his authority over registered charities to open up the books on the funding sources for the Cordoba Initiative led by Imam Faisal Abdul Rauf.»

The investigation is also to enquire into the circumstances in which the NIA came into possession of the funds, how and by whose or which authority the funds were made available to the NIA, and to establish whether or not there has been a breach of the law or security procedure in obtaining custody and use of the funds.

Zeldin also rode a wave of Tea Party support in 2010, and in a campaign announcement video sounded many of the same themes as Gov. Andrew Cuomo, the popular Democratic governor: imposing a property tax cap, repealing a tax on business payrolls used to fund the Metropolitan Transportation Authority and restructure income tax rates at the end of 2011 to trim rates for many middle - income earners.

The report, by the independent Authorities Budget Office, says the Cuomo Administration mishandled its attempts to use $ 500 million dollars in federal Clean Water monies to help finance work on the massive Tappan Zee Bridge reconstruction, including ignoring a warning letter from the EPA that the bridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollution.

In December, the New York Power Authority approved $ 2 million in funding to help municipal and rural electric cooperative systems in New York State purchase electric - drive vehicles for use in their municipal fleets.

Some of Cuomo's initiatives, including the redevelopment of JFK airport, will be covered by the Port Authority as well as private funds from the airlines that use it — separate from the state budget.

The bill passed by the Senate includes anti-nepotism provisions, today: · Prohibits gifts from lobbyists and their clients of more than nominal value, including travel, lodging and other expenses, and broaden the types of lobbying activities that lobbyists must disclose; · Prohibits elected government officials and candidates for elected local, state or federal office from appearing in taxpayer - funded advertisements; · Closes the «revolving door» loophole by prohibiting former legislative employees from directly lobbying the Legislature for two years, and expands the revolving door restrictions for Executive Chamber employees to preclude appearances before any state agency; · Prohibits non-legislative employees from using their authority or influence to «compel or induce» any other employee to make political contributions; · Prohibits state employees from participating in any personnel decision or contracting matter concerning a relative.

The first phase would convert 51 % of the Library's collection housed in the Central, Buffalo branch and Amherst Libraries using funds from an Erie County Fiscal Stability Authority (ECFSA) efficiency grant, which would provide the opportunity to use technology to improve public service and achieve staffing savings realized as attrition occurs.

The European Commission, meanwhile, believes it has the legal authority to use the fund.

And, now that federal authorities have rejected the Cuomo administration's plan to use nearly half a billion dollars in clean water funds to help pay for the new span, any possibility of a reasonably - priced crossing fee would appear slim.

Sources within the Republican party are reporting that they suspect improper use of campaign funds by the Independence Party has occurred and that these suspicions are being forward to the Rockland County District Attorney and other authorities.

The 2012 audit contained findings that Thornton had failed to disclose to the authority board a romantic relationship with an administrative assistant that he later married, and that he had used taxpayer funds to fly to Cleveland in a successful effort to land a new job.

The embattled New York City Housing Authority has signed an agreement to update regularly the City Council on how it uses taxpayer funds, the New York Daily News reported.

Despite a lack of rigorous clinical trials to test safety or efficacy, a ban of the treatment by health authorities, and a lack of peer review by the scientific community, the privately funded Stamina Foundation has been using cultured mesenchymal stem cells that have been exposed to putative conditions that favour neuronal differentiation to treat different diseases in severely or terminally ill patients.

If not (that is, if folks decide not to use existing authorities / funds), it could cost up to $ 1b — much of which would / could be nonfederal.

The authorities are actively encouraging the use of venture capital funds to launch local technologies.

The report said: «Failure is not because of lesser or greater funding; it's about how local authorities use their funding.