Sentences with phrase «year state budget»

In June 2015, Washington passed a two - year state budget that included a $ 6.18 million increase for home visiting.

At one time the state was a national leader on energy efficiency, but that is likely to change since $ 127 million in energy efficiency funding was removed from the two - year state budget to help close the deficit.

That projection was made before the final two - year state budget was adopted, providing UConn $ 4.5 million less than its leaders were anticipating.

AUSTIN — The two - year state budget nearing passage contains almost no new money for public schools, a victim of infighting over school vouchers.

One big task facing state lawmakers in 2017 is to pass a new two - year state budget, and that includes addressing Wisconsin's $ 1 billion deficit in the transportation fund.

We remember the last two - year state budget that in addition to slashing public school funding also included a midnight state Takeover of the Milwaukee Public Schools.

The expansion of the offerings takes effect with the passage of a new two - year state budget.

Included in the two - year state budget is a provision that more than quadruples the size of the EdChoice Scholarship Program over the next two years, ultimately resulting in up to 60,000 students having access to private school choice by the 2012 - 2013 school year.

The Democrats and Malloy say the union concession deal on the table is crucial to balancing the current two - year state budget, which Malloy and state lawmakers have yet to reach an agreement on.

Here are some highlights from the two - year state budget that the Legislature's Joint Finance Committee was moving to pass on Wednesday:

Highlights of the two - year state budget up for approval Wednesday in the Wisconsin Assembly, a vote that comes more than two months after the spending plan was due on July 1.

On Tuesday, the Connecticut Senate voted unanimously to approve some fixes to the $ 41 billion two - year state budget it passed last month.

House Speaker Joe Aresimowicz of Berlin, far right, and other top legislative leaders reached a bipartisan agreement on the two - year state budget, but the full details were not immediately released.

At issue is a projected $ 5 billion deficit in the roughly $ 40 billion impending two - year state budget.

Also at 2 p.m., Assemblyman Angelo Santabarbara announces significant funding he secured in this years state budget to upgrade and standardize all fire hydrants in the town of Rotterdam, Rotterdam Fire District # 2, 1400 Curry Rd., Rotterdam.

Not exact matches

The PQ has laid out plans to reduce that pesky deficit as well, stating the government would balance the budget by the 2015 - 2016 fiscal year.

Budget cuts not possible - Buswell The state government's economic policy was in tatters last night after Treasurer Troy Buswell conceded he would not achieve the controversial 3 per cent cuts expected to pay for election promises in this year's bBudget cuts not possible - Buswell The state government's economic policy was in tatters last night after Treasurer Troy Buswell conceded he would not achieve the controversial 3 per cent cuts expected to pay for election promises in this year's budgetbudget.

Ohio's share of the lump - sum payout would be $ 23 million, hardly pocket change but still a fraction of the state's $ 56 billion two - year budget.

Gov. Lincoln Chafee has said the state, which is facing a $ 117 million budget shortfall next fiscal year, can't rely on those lottery winnings — and, of course, no state can.

As pension costs have tripled in the past five years, states have struggled to find somewhere in the budget to make up the difference between what they have promised to future retirees, and what the books are showing.

The budget would expand funding for the military but impose an $ 8.8 billion reduction for the State Department and the US Agency for International Development during the current and next fiscal years — the biggest reduction since the 1990s.

BRUSSELS, May 2 - The European Commission proposed a bigger new multi-year budget on Wednesday that will trigger battles among member states over how to fill the funding gap left by Britain's exit next year.

BRUSSELS, May 2 - The European Commission met on Wednesday to agree proposals for a bigger new multi-year budget that will trigger battles among member states over how to fill the funding gap left by Britain's exit next year.

They also have recent real - world examples to make their case: Tax cuts in Kansas made by Gov. Sam Brownback failed to deliver the expected boost, forcing the state into years of grueling budget battles and harsh spending cuts to make up the gap.

However, a new shortfall of $ 170 million has opened in the state's current $ 29 million budget, even after legislators cut $ 230 million in last year's session.

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.

China has already allowed some state - owned enterprises to default in the last few years, as the central government seeks to instill greater budget and market discipline.

State revenues were down 2.6 percent this fiscal year, according to the National Association of State Budget Officers.

Samuels said that while the state has among the largest budget reserves of any state, at a projected $ 10.4 billion by the middle of next year, continued low oil prices mean legislators will face some tough decisions when they return to Austin in January.

It took some painful cuts and some reorganization of state agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offistate agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offbudget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget OffiState Budget OffBudget Officers.

The National Conference of State Legislatures says nearly a dozen states still had not enacted budgets for the new fiscal year as of mid-June.

Any budget must receive two - thirds support from the Democrat - controlled state legislature, meaning the Republican governor has plenty of negotiating to do before July 1, when the new fiscal year begins.

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.

But four years after ending a bailout program, the Portuguese government is now forecasting a budget surplus — when state expenditure is lower than revenues.

In December, as Greek policy - makers approved yet another round of budget cuts — tough legislation that caps salaries at state - owned companies, cuts many state salaries by 10 % and diminishes collective bargaining power — some 20,000 protestors jammed the streets in the country's seventh general strike that year.

The forecast, due Monday, sets the benchmark when legislators meet in January to write a state budget for the coming fiscal year and fix shortfalls from the current year.

The budget is also expected to include a major financial boost to basic scientific research across Canada, which would address some of the concerns outlined last year in a national review of the state of fundamental science.

Since Texas writes budgets in two - year terms, the shortfall affects the 2012 - 2013 state budget.

The hemorrhage was particularly acute among states, many of which had little wiggle room to cope with sinking tax revenue because they have to produce balanced budgets every year.

As the latest Annual Report from the Bank of International Settlements states: «In most advanced economies, the fiscal budget excluding interest payments would need 20 consecutive years of surpluses exceeding 2 % of GDP just to bring the debt - to - GDP ratio back to its pre-crisis level.»

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.

ANNOUNCING State Government service fees and charges is usually a relatively simple exercise around Budget time each year.

Last month, Governor Jack Dalrymple called for a decrease in the state budget, since tax revenues are down and the budget outlook for the state is different from two years ago, when the price of oil was topping $ 100 per barrel.

«We've made a lot of progress in the last 10 years on transparency, but there's still some real problem areas,» said Bob Williams, the president of watchdog group State Budget Solutions.

This would be the equivalent of almost $ 400 billion over the 10 - year budget horizon in the United States.

This would amount to $ 2 trillion over the 10 - year budget horizon in the United States.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

From fiscal year 2011 to fiscal year 2012, Rhode Island general fund spending grew 5.2 percent and it grew another 5.1 percent from FY2012 to FY2013, according to data from the National Association of State Budget Officers (NASBO).

If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years — reaching the highest level of debt relative to GDP ever experienced in this country.

More than five years after the Great Recession tore a giant hole in their budgets, most states have made big progress in stabilizing their finances.