Sentences with phrase «year budget closed»

Not exact matches

But there are reports that Senate leaders are close to a deal on a two - year budget that would boost defense spending and spending on domestic programs the Democrats want.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

As the 2016 fiscal year comes to a close, first - term Governor John Bel Edwards and the state legislature have been in crisis mode, struggling to close a fiscal 2017 budget gap that could run as high $ 800 million — and that is after $ 485 million in emergency spending cuts this year.

Though these numbers are simply used to demonstrate the loophole, this helps explain why, in the debate over this year's Congressional Budget, both Republicans and Democrats agreed that the loophole needed to be closed.

As the 2016 fiscal year comes to a close, first - term Gov. John Bel Edwards and the state legislature have been in crisis mode, struggling to close a fiscal 2017 budget gap that could run as high $ 800 million.

«He's gotten more angry and frustrated over the years at the 3G effect [named after cost - cutter 3G Capital, principal owner of Kraft Heinz and Burger King] and zero - based budgeting and procurement's effect and clients not focused on growth,» says a consultant close to several marketers, who asked not to be identified.

Even though mortgage closing costs are just slightly higher as compared to a year ago, they can still affect your budget.

The cost of petrol and diesel will also increase in the next fiscal year to close a budget deficit of over 15 percent.

If the 15 - year mortgage puts you uncomfortably close to your maximum — meaning you won't have any room in your budget for emergencies or extras — you could always lock into a 30 - year mortgage while making a commitment to yourself to make payments the size of the 15 - year plan unless there's a financial emergency.

Closing the gap on our budget and with our manager is a lot harder these days and having to win the EL every other year to qualify for CL football is probably statistically an even longer shot.

By closing in on its fourth NHL title in 11 years Detroit proved it could win on a budget, while team captain Nicklas Lidstrom helped change perceptions on the limits of European players

The Chicago Park District board Wednesday approved a $ 400 million spending plan for next year's budget, which will include modest fee increases and cuts in spending to close a $ 22 million hole.

«I do not want to come back to Albany with an unbalanced budget like we did in the middle of the year last year because remember, that deficit was never closed by the Legislature,» the governor said.

«My hair is red, but I have considered setting it on fire to demonstrate the urgency,» Albany Mayor Kathy Sheehan told state lawmakers, referring to the capital city's need for $ 12.5 million to close its budget gap this year.

State aid in recent years has actually increased in state spending plans, while the budget this year closed the gap elimination adjustment.

But in exchange for getting the popular Democratic gubernatorial candidate on its line — thus ensuring it would well surpass the required 50,000 - vote mark to live another four years (the party ended up moving to Row D)-- the WFP had to agree to Cuomo's «New NY Agenda,» which included a slew of agenda items — the property tax cap, no new taxes to close the budget deficit etc. — that the left had opposed.

It took some trimming — a few million dollars here, a half - million dollars there — but the Buffalo Public Schools were able to close a projected $ 10.2 million deficit and come up with a balanced budget for next year.

Cuomo is seeking a third term this year and with the Legislature must close a $ 4 billion budget deficit by the end of March, when the budget is expected to pass.

Trump unveiled a $ 4.4 trillion budget for next year that heralds an era of $ 1 trillion - plus federal deficits and — unlike the plan he released last year — never comes close to promising a balanced ledger even after 10 years.

Ten days before the start of a new fiscal year, House and Senate negotiators working to resolve differences in $ 30.5 billion spending plans are closing in on a fiscal 2012 budget agreement, according to one of the six conference committee members.

The Executive Budget, at $ 134 billion, proposes to close a $ 7.4 billion gap between projected spending and revenues, including a $ 500 million deficit carried forward from the current Fiscal Year.

Governor Cuomo closes this year's budget gap by reducing spending at state agencies by $ 1.3 billion dollars, and reducing aid to local governments by another $ 756 million dollars.

As this year's legislative session nears its Wednesday close without a budget, Governor Malloy said today outside the Capitol that he was, taking steps to keep vital services operational after July 1st if we don't have a budget.

The preparations come as state lawmakers are close to negotiating a budget that could allocate as much as $ 540 million a year for full - day pre-K in New York City.

Cuomo closes this year's budget gap by reducing spending at state agencies by over a billion dollars.

Assembly Speaker Sheldon Silver, a close Farrell ally, tried and failed to get member items back into this year's budget.

Fresh off re-election to his leadership post by his colleagues, Assembly Speaker Sheldon Silver headed into a closed - door lunch with Governor - elect Andrew Cuomo insisting all will be smooth sailing between New York's two top Democrats heading into a difficult budget year.

The mid year financial report released by Cuomo's budget office says options to close the gap include more cuts to state agencies, delaying payments to local governments and schools, suspension of some construction projects, and even borrowing money short term to pay for operating expenses.

With help from the extra fare revenue, the creation of the state's Payroll Mobility Tax, and internal cost - cutting, the authority's finances steadily improved over the years, and it expects to close out 2017 with an $ 80 million budget surplus.

Betsy Lynam, an analyst with the budget watch dog group the Citizens Budget Commission says with just one quarter of the fiscal year remaining, it's going to be increasingly difficult to find ways to close thbudget watch dog group the Citizens Budget Commission says with just one quarter of the fiscal year remaining, it's going to be increasingly difficult to find ways to close thBudget Commission says with just one quarter of the fiscal year remaining, it's going to be increasingly difficult to find ways to close the gap.

While Cuomo has repeatedly urged cutbacks in spending and even opposed Paterson's record - high budget last year as unaffordable, he has so far refused to tell even his closest associates his position on the budget.

«The speaker is in no mood to hold up the budget over teacher evaluations or anything else, especially in an election year,» said a source close to Assembly Democrats.

Aresimowicz also expressed strong optimism Wednesday that talks with state employee unions will reach a deal on concessions to help close the projected budget gap that is now more than $ 2 billion for the next fiscal year.

As negotiations over New York State's budget draw to a close, Governor Cuomo and the legislature are trying to hammer out an agreement to raise the state's minimum wage, which is currently just $ 8.75 and is currently scheduled to top out at $ 9.00 at the end of this year.

The combined fiscal impact of the six «100 hours» bills (which implement 9/11 Commission recommendations, close energy tax loopholes and more) is significant: the Congressional Budget Office (CBO) has estimated $ 21.1 billion in savings and revenue over the next ten years if the bills are signed into law.

Closing the LLC loophole is essential to bringing greater transparency to our political process, and I urge the governor to include this critical measure in this year's Executive Budget.»

- Passed lowest middle class tax rate in 60 years and closed a $ 13.5 billion budget gap without raising taxes!

Gov. David A. Paterson appears to have changed his mind on the State Senate recounts preventing a special legislative session to close this year's budget deficit.

Last year, the group ran ads in favor of a budget that reduced spending and closed a $ 10 billion deficit without raising taxes.

Cuomo and state lawmakers next year will have to close a budget deficit estimated to be as high as $ 4.6 billion and growing — forcing difficult decisions in a re-election year.

The state faces an estimated $ 4.5 billion deficit that must be closed in a budget expected to pass by March 31, the final day of the state's fiscal year.

Cuomo has long insisted the state has been funding schools at record levels after initially seeking to scale back spending hikes in order to close yawning budget gaps he inherited during the first year of his first term.

The Conservative - controlled north London council has committed to spending # 1.5 m this financial year on a much - hyped reform programme to help close a yawning budget gap, but it is on course to recoup just # 1.4 m in savings in the year.The programme is budgeted to deliver savings of # 13m a year by 2014, about a third of the total cuts planned by the council.

New numbers from state Comptroller Tom DiNapoli suggest next year's New York budget battle will be truly brutal: The gap to be closed now looks to be $ 4.6 billion worse...

Sen. Andrea Stewart - Cousins of Yonkers leads the 24 - member Democratic conference, and Democrats hoped this year's elections would finally elevate a woman into the highest echelon of Albany deal - making — the closed - door talks that hash out the budget and other legislation.

Op - Ed Contact: Lindsay Perry [email protected] 212-967-0322 x311 Cell: 203-382-4052 Governor's Budget Proposal Puts 6,000 Seniors at Risk If nothing changes in Governor Cuomo's budget proposal, 65 senior centers in New York City will close this year due to a -LSBudget Proposal Puts 6,000 Seniors at Risk If nothing changes in Governor Cuomo's budget proposal, 65 senior centers in New York City will close this year due to a -LSbudget proposal, 65 senior centers in New York City will close this year due to a -LSB-...]

This coming March, when Cuomo and lawmakers are intensively negotiating the budget in closed - door meetings, the state will likely have a controversial Regents election for the second year in a row.

At issue is how to close a $ 3.5 billion projected deficit in the state's two - year budget.

Last year, the city budgeted $ 10 million to balance the 2016 - 17 operating budget; but in actuality, the city comptroller said, $ 34.5 million in unassigned reserves is needed to close the books on the fiscal year, which ended June 30.

In a year where the #MeToo movement has flexed its considerable political power, Cuomo underestimated the impact of excluding women from negotiations (resulting in a sexual harassment package, and budget, that is not even close to as strong as it could have been).