A short powerpoint which introduces the Global Financing Facility created to fund health programmes, including links to a video and briefings for more information
Yashodhan Ghorpade
POLICY SEMINAR
Impacts of Cash Transfers on Preventing Malnutrition in Yemen
Co-Organized by IFPRI and the CGIAR Research Program on Policies, Institutions, and Markets (PIM)
SEP 5, 2019 - 12:15 PM TO 01:45 PM EDT
Pension vs 401(k) study by the National Institute on Retirement SecurityReboot Illinois
The document summarizes case studies of three states - West Virginia, Michigan, and Alaska - that switched public pension plans from defined benefit to defined contribution plans. It finds that in all three states, the switch did not help existing underfunding problems and increased costs. Workers faced greater retirement insecurity, and the best way to address underfunding is through responsible, disciplined full funding of annual requirements. The states that later improved funding and allowed returns to defined benefit plans saw reduced costs and improved funding levels over time.
The document summarizes issues with Kentucky's public pension system:
1) Kentucky has failed to make its required pension contributions in over half of the past 21 years, resulting in a shortfall of $4.3 billion.
2) The pension system has been exacerbated by investment losses during recessions and providing cost-of-living adjustments and retirement incentives without pre-funding them.
3) Kentucky's pension benefits and formulas for new employees since 2008 are less generous than average, but changing to a cash balance plan could increase costs and negatively impact the quality of public services in Kentucky.
Ending Homelessness in the Fairfax-Falls Church Community: Snapshot 2011Fairfax County
This document summarizes efforts to end homelessness in Fairfax-Falls Church Community. It finds that preventing homelessness through community case management has helped reduce the number of first-time homeless. However, developing affordable housing remains a challenge due to limited resources. Stakeholders are encouraged to continue engagement and collaboration to identify impactful projects that can help house the vulnerable.
Financial Inclusion and Development: Recent Impact EvidenceCGAP
Financial inclusion has beneficial economic impacts according to recent evidence. At the microeconomic level, access to credit, savings, insurance, and payments helps businesses and households. Credit enables investment and risk-taking. Savings allows for consumption smoothing and building working capital. Insurance increases risk-taking. Lower transaction costs from mobile payments helps share risks. Locally, financial access improves local economies. Nationally, greater financial depth is positively correlated with economic growth and reduced inequality. Additional indirect benefits include more effective social policies and new business models addressing development priorities.
The student loan debt in the United States is between $902 billion and $1 trillion, with $864 billion in federal student loan debt. This amounts to $24,301 per capita in student loan debt. The document discusses the history of student loans and financial aid programs in the U.S. from the 1840s to present. It also examines factors that have caused rising college tuition costs, such as declining state funding and increases in non-academic university spending. Potential solutions discussed include making public colleges free through tax increases and eliminating FAFSA funding for private schools.
The document discusses the student loan debt crisis in the United States, noting that outstanding student loan debt has reached nearly $1 trillion and is having negative economic and psychological effects. It attributes the crisis to rising tuition costs, interest rates, and numbers of students returning to school, and proposes solutions like lowering interest rates, increasing scholarships, and raising awareness about the issue.
A short powerpoint which introduces the Global Financing Facility created to fund health programmes, including links to a video and briefings for more information
Yashodhan Ghorpade
POLICY SEMINAR
Impacts of Cash Transfers on Preventing Malnutrition in Yemen
Co-Organized by IFPRI and the CGIAR Research Program on Policies, Institutions, and Markets (PIM)
SEP 5, 2019 - 12:15 PM TO 01:45 PM EDT
Pension vs 401(k) study by the National Institute on Retirement SecurityReboot Illinois
The document summarizes case studies of three states - West Virginia, Michigan, and Alaska - that switched public pension plans from defined benefit to defined contribution plans. It finds that in all three states, the switch did not help existing underfunding problems and increased costs. Workers faced greater retirement insecurity, and the best way to address underfunding is through responsible, disciplined full funding of annual requirements. The states that later improved funding and allowed returns to defined benefit plans saw reduced costs and improved funding levels over time.
The document summarizes issues with Kentucky's public pension system:
1) Kentucky has failed to make its required pension contributions in over half of the past 21 years, resulting in a shortfall of $4.3 billion.
2) The pension system has been exacerbated by investment losses during recessions and providing cost-of-living adjustments and retirement incentives without pre-funding them.
3) Kentucky's pension benefits and formulas for new employees since 2008 are less generous than average, but changing to a cash balance plan could increase costs and negatively impact the quality of public services in Kentucky.
Ending Homelessness in the Fairfax-Falls Church Community: Snapshot 2011Fairfax County
This document summarizes efforts to end homelessness in Fairfax-Falls Church Community. It finds that preventing homelessness through community case management has helped reduce the number of first-time homeless. However, developing affordable housing remains a challenge due to limited resources. Stakeholders are encouraged to continue engagement and collaboration to identify impactful projects that can help house the vulnerable.
Financial Inclusion and Development: Recent Impact EvidenceCGAP
Financial inclusion has beneficial economic impacts according to recent evidence. At the microeconomic level, access to credit, savings, insurance, and payments helps businesses and households. Credit enables investment and risk-taking. Savings allows for consumption smoothing and building working capital. Insurance increases risk-taking. Lower transaction costs from mobile payments helps share risks. Locally, financial access improves local economies. Nationally, greater financial depth is positively correlated with economic growth and reduced inequality. Additional indirect benefits include more effective social policies and new business models addressing development priorities.
The student loan debt in the United States is between $902 billion and $1 trillion, with $864 billion in federal student loan debt. This amounts to $24,301 per capita in student loan debt. The document discusses the history of student loans and financial aid programs in the U.S. from the 1840s to present. It also examines factors that have caused rising college tuition costs, such as declining state funding and increases in non-academic university spending. Potential solutions discussed include making public colleges free through tax increases and eliminating FAFSA funding for private schools.
The document discusses the student loan debt crisis in the United States, noting that outstanding student loan debt has reached nearly $1 trillion and is having negative economic and psychological effects. It attributes the crisis to rising tuition costs, interest rates, and numbers of students returning to school, and proposes solutions like lowering interest rates, increasing scholarships, and raising awareness about the issue.
On March 21, the AACC government relations team will provide an overview of issues Congress has been discussing in the first three months of 2012 and what is to come. The team will provide up-to-the-moment information on FY 2013 funding for Pell Grants and other key programs, the second round of TAACCCT program grants, workforce legislation, and more.
This document discusses advocating for Pell Grants by community colleges. It provides an overview of Pell Grants, noting their importance for access to higher education. It outlines the growth of Pell Grants, especially at community colleges, and the political challenges in fully funding the program. It encourages grassroots advocacy efforts to maintain the maximum $5,550 Pell Grant for fiscal year 2012 given budget pressures in Congress. Contact information is provided for further resources.
The document discusses the federal budget process and various myths and realities regarding government spending. It outlines the budget timeline which includes the President's budget request, congressional budget resolution, appropriations, debt ceiling, and other budget bills. It notes that programs for low-income families make up a small fraction of government spending and have not contributed to budget deficits. The document addresses various proposals to reduce deficits, including a spending cap, balanced budget amendment, triggers, and creating a "circle of protection" around anti-poverty programs.
Inclusionary zoning programs require that new market-rate housing developments include a portion of units affordable to lower-income households. Over 800 jurisdictions in the US have adopted inclusionary zoning. Key aspects of effective programs include whether requirements are mandatory or voluntary, the percentage and income levels of affordable units, and compliance options for developers. Research shows that well-designed inclusionary zoning can produce affordable housing without significantly impacting overall housing production or price increases, though local housing market conditions are also important factors. Ongoing challenges include mitigating displacement and adjusting long-standing programs.
Um grupo de organizações, lideradas pelo Forest trends, está trabalhando em 13 países para mapear os fluxos financeiros de REDD+ desde os doadores até a implementação local dos projetos.
Laura Choi, Senior Research Associate – Community Development, Federal Reserv...NeighborhoodPartnerships
This document discusses strategies for strengthening financial security and well-being in Oregon. It notes that housing stability is important for financial stability and discusses factors like income and expense volatility that contribute to financial insecurity. The four elements of financial well-being are defined as security, control, capacity, and freedom. Partnerships across sectors are proposed to help more people access services that promote financial coaching, tax preparation assistance, education, and health resources. The goal is to expand the reach of programs that support financial well-being through innovative cross-sector collaboration.
The document discusses challenges facing New Hampshire's developmental services system due to severe funding shortages projected to last for some time. It provides context on the state budget and outlines reductions already made to the Department of Health and Human Services (DHHS) and Bureau of Developmental Services (BDS) budgets. The document also presents BDS's budget requests for fiscal years 2010 and 2011 to address enrollment increases and service needs while historical financial data shows NH's developmental disability waiver costs compare favorably to other New England states.
Development planning and foreign aid aim to promote economic growth and improve living standards in developing countries. However, aid has had mixed results and its effectiveness depends on factors within recipient countries. Five-year plans in Pakistan focused on expanding education, but aid did not always achieve its objectives due to issues like weak policies, corruption, and donors pursuing strategic interests over development. For aid to be effective, recipient countries need sound economic management through policies promoting stability, trade, and self-sufficiency over aid dependence.
"Financing National Adaptation Plans: Options for Implementation" | Day 1 NAP Global Network
The document summarizes discussions from the first day of a three-day forum on financing National Adaptation Plans (NAPs). Several countries discussed their experiences developing NAPs and strategies to finance adaptation activities. Challenges included coordinating different sectors and ministries, developing plans that attract domestic funding, and making the economic case for adaptation investments.
The Danube River and Black Sea GEF Financed Investment Program: The GEF/WB Nu...Iwl Pcu
The Black Sea and the Danube River are facing a Potential Ecological Disaster from Nutrification
Ten fold drop in fish catches. From 26 to 6 viable species. Over $300 million/year decline from mid 1980s to 1990.Loss of 10,000 km2 of ecologically most valuable algae beds. Bloom of exotic species. Anchovy catches down 80% or 400,000 t/y . Tourism revenue losses (400 million $/year) and poor environmental conditions (over 20,000 water related illnesses). The severity of current degradation will be aggravated with the economic recovery. A regional solution is required
Despite knowledge and awareness, lack of financial resources to solve regional environmental problems (mainly in Black Sea).
The survey results show that the economic crisis has moderately or severely affected most grantee organizations. Organizations have seen reductions in overall funding, individual donations, and some donors reneging on pledged funds. Communities have also been moderately or severely affected, with observed effects like increased difficulties for populations and families engaging children in work or reducing meals. Despite challenges, organizations are taking actions like becoming more efficient and expanding impacts with available resources to reduce effects of the crisis.
The document summarizes a webinar discussing policy options in the aftermath of the failure of the bipartisan congressional "Supercommittee" to agree on a deficit reduction plan. It outlines that the lack of a deal will trigger $1.2 trillion in automatic, across-the-board spending cuts beginning in 2013, but that key low-income programs are exempt from these cuts. It then discusses next steps advocates could take to shape future deficit reduction efforts in a balanced way that protects vulnerable populations and boosts the economy.
The document discusses the budget crisis facing Charlotte-Mecklenburg Schools for the 2011-2012 school year due to reductions in state and county funding, requiring cuts of $62-125 million and impacting over 1,500 positions. It outlines CMS's proposed budget cuts and strategic plan to minimize the impact on classrooms while continuing to improve student achievement, and encourages community involvement to support public schools.
1. The document discusses green finance and public-private partnerships to promote green growth and address climate change issues.
2. It outlines Japan Bank for International Cooperation's (JBIC) green finance initiatives like "LIFE" which supports clean power, energy efficiency, water, and transportation projects through loans, equity investments, and cooperation with other development banks and private institutions.
3. JBIC also proposes new financial instruments like "GREEN" to scale up low-carbon investments using measurement, reporting and verification of emissions reductions.
Advocacy Interest Group Inaugural MeetingAcademyHealth
The document summarizes the inaugural meeting of AcademyHealth's Advocacy Interest Group. It discusses AcademyHealth's role in advocacy, current threats to health services research funding from budget cuts, and how the Interest Group can help cultivate grassroots support and participation in advocacy efforts like annual Hill Day visits. The group's chair, Lou Rossiter, hopes it will plan advocacy events at the Annual Research Meeting and host webinars to further advocacy goals.
Impact of Conflict on Public Investment in Childrenrmcpu
This document summarizes the impact of conflict on public investment in children. It discusses how conflict can decrease government revenue, lead to changes in budget allocations that prioritize security over social sectors, and compromise public financial management systems. An example is given of South Sudan, where conflict reduced GDP, increased debt, diverted foreign aid to emergencies, and caused security spending to account for 36% of the budget, crowding out social expenditures. The document also outlines recommendations for investing in children before, during, and after conflicts, such as building resilience, safeguarding education and health budgets during conflict, and strengthening revenue collection post-conflict.
Racial Disparity in the Land of Sky Regionnado-web
Erica Anderson (Land of Sky Regional Council) discusses inclusive hiring practices in Asheville and Buncombe Counties at the NADO-DDAA Washington Conference.
The Danube River and Black Sea GEF Financed Investment ProgramIwl Pcu
A PowerPoint presentation by Manuel Marino, Lead Water and Sanitation Specialist, World Bank during the International Waters Workshop - A CEO Dialogue Jointly Organized by GEF and WFEO/FIDIC June 7-8, 200 in Washington, DC, USA. The slides highlight the following topics: (1) Purpose of the Partnership and the Investment Fund, (2) Impact of GEF grant funds, (3) Advances to date, (4) How they see the future
This document provides an overview of national contraceptive funding landscapes and perspectives from global and national levels. It discusses investments from key organizations like UNFPA Supplies and the national basket fund. While there are enabling policies and plans, funding gaps remain due to challenges with implementation and supply chain management. Emerging issues like states independently procuring contraceptives could help address gaps if proper guidelines are developed. The document recommends increasing domestic funding, finalizing state procurement guidelines, and improving commodity security and sustainability.
This document summarizes key aspects of Maryland's proposed FY 2014 budget. It invests $3.7 billion in infrastructure projects that will support over 43,000 jobs. It prioritizes education, health, and public safety, with 83 cents of every general fund dollar going to these areas. The budget closes much of the state's structural deficit with spending cuts and revenue increases while maintaining a balanced approach and protecting priorities.
The document summarizes the Austin Independent School District's budget outlook and challenges for fiscal year 2012. It notes declining local property values and expected state funding cuts of $2-5 billion. This would result in a budget shortfall for AISD of $94-114 million. To close this gap, AISD proposes reductions like increasing class sizes, employee furloughs, and using $31 million of its fund balance, with more cuts needed if state funding is reduced further. Maintaining adequate fund balance is important for the district's credit rating and borrowing ability.
On March 21, the AACC government relations team will provide an overview of issues Congress has been discussing in the first three months of 2012 and what is to come. The team will provide up-to-the-moment information on FY 2013 funding for Pell Grants and other key programs, the second round of TAACCCT program grants, workforce legislation, and more.
This document discusses advocating for Pell Grants by community colleges. It provides an overview of Pell Grants, noting their importance for access to higher education. It outlines the growth of Pell Grants, especially at community colleges, and the political challenges in fully funding the program. It encourages grassroots advocacy efforts to maintain the maximum $5,550 Pell Grant for fiscal year 2012 given budget pressures in Congress. Contact information is provided for further resources.
The document discusses the federal budget process and various myths and realities regarding government spending. It outlines the budget timeline which includes the President's budget request, congressional budget resolution, appropriations, debt ceiling, and other budget bills. It notes that programs for low-income families make up a small fraction of government spending and have not contributed to budget deficits. The document addresses various proposals to reduce deficits, including a spending cap, balanced budget amendment, triggers, and creating a "circle of protection" around anti-poverty programs.
Inclusionary zoning programs require that new market-rate housing developments include a portion of units affordable to lower-income households. Over 800 jurisdictions in the US have adopted inclusionary zoning. Key aspects of effective programs include whether requirements are mandatory or voluntary, the percentage and income levels of affordable units, and compliance options for developers. Research shows that well-designed inclusionary zoning can produce affordable housing without significantly impacting overall housing production or price increases, though local housing market conditions are also important factors. Ongoing challenges include mitigating displacement and adjusting long-standing programs.
Um grupo de organizações, lideradas pelo Forest trends, está trabalhando em 13 países para mapear os fluxos financeiros de REDD+ desde os doadores até a implementação local dos projetos.
Laura Choi, Senior Research Associate – Community Development, Federal Reserv...NeighborhoodPartnerships
This document discusses strategies for strengthening financial security and well-being in Oregon. It notes that housing stability is important for financial stability and discusses factors like income and expense volatility that contribute to financial insecurity. The four elements of financial well-being are defined as security, control, capacity, and freedom. Partnerships across sectors are proposed to help more people access services that promote financial coaching, tax preparation assistance, education, and health resources. The goal is to expand the reach of programs that support financial well-being through innovative cross-sector collaboration.
The document discusses challenges facing New Hampshire's developmental services system due to severe funding shortages projected to last for some time. It provides context on the state budget and outlines reductions already made to the Department of Health and Human Services (DHHS) and Bureau of Developmental Services (BDS) budgets. The document also presents BDS's budget requests for fiscal years 2010 and 2011 to address enrollment increases and service needs while historical financial data shows NH's developmental disability waiver costs compare favorably to other New England states.
Development planning and foreign aid aim to promote economic growth and improve living standards in developing countries. However, aid has had mixed results and its effectiveness depends on factors within recipient countries. Five-year plans in Pakistan focused on expanding education, but aid did not always achieve its objectives due to issues like weak policies, corruption, and donors pursuing strategic interests over development. For aid to be effective, recipient countries need sound economic management through policies promoting stability, trade, and self-sufficiency over aid dependence.
"Financing National Adaptation Plans: Options for Implementation" | Day 1 NAP Global Network
The document summarizes discussions from the first day of a three-day forum on financing National Adaptation Plans (NAPs). Several countries discussed their experiences developing NAPs and strategies to finance adaptation activities. Challenges included coordinating different sectors and ministries, developing plans that attract domestic funding, and making the economic case for adaptation investments.
The Danube River and Black Sea GEF Financed Investment Program: The GEF/WB Nu...Iwl Pcu
The Black Sea and the Danube River are facing a Potential Ecological Disaster from Nutrification
Ten fold drop in fish catches. From 26 to 6 viable species. Over $300 million/year decline from mid 1980s to 1990.Loss of 10,000 km2 of ecologically most valuable algae beds. Bloom of exotic species. Anchovy catches down 80% or 400,000 t/y . Tourism revenue losses (400 million $/year) and poor environmental conditions (over 20,000 water related illnesses). The severity of current degradation will be aggravated with the economic recovery. A regional solution is required
Despite knowledge and awareness, lack of financial resources to solve regional environmental problems (mainly in Black Sea).
The survey results show that the economic crisis has moderately or severely affected most grantee organizations. Organizations have seen reductions in overall funding, individual donations, and some donors reneging on pledged funds. Communities have also been moderately or severely affected, with observed effects like increased difficulties for populations and families engaging children in work or reducing meals. Despite challenges, organizations are taking actions like becoming more efficient and expanding impacts with available resources to reduce effects of the crisis.
The document summarizes a webinar discussing policy options in the aftermath of the failure of the bipartisan congressional "Supercommittee" to agree on a deficit reduction plan. It outlines that the lack of a deal will trigger $1.2 trillion in automatic, across-the-board spending cuts beginning in 2013, but that key low-income programs are exempt from these cuts. It then discusses next steps advocates could take to shape future deficit reduction efforts in a balanced way that protects vulnerable populations and boosts the economy.
The document discusses the budget crisis facing Charlotte-Mecklenburg Schools for the 2011-2012 school year due to reductions in state and county funding, requiring cuts of $62-125 million and impacting over 1,500 positions. It outlines CMS's proposed budget cuts and strategic plan to minimize the impact on classrooms while continuing to improve student achievement, and encourages community involvement to support public schools.
1. The document discusses green finance and public-private partnerships to promote green growth and address climate change issues.
2. It outlines Japan Bank for International Cooperation's (JBIC) green finance initiatives like "LIFE" which supports clean power, energy efficiency, water, and transportation projects through loans, equity investments, and cooperation with other development banks and private institutions.
3. JBIC also proposes new financial instruments like "GREEN" to scale up low-carbon investments using measurement, reporting and verification of emissions reductions.
Advocacy Interest Group Inaugural MeetingAcademyHealth
The document summarizes the inaugural meeting of AcademyHealth's Advocacy Interest Group. It discusses AcademyHealth's role in advocacy, current threats to health services research funding from budget cuts, and how the Interest Group can help cultivate grassroots support and participation in advocacy efforts like annual Hill Day visits. The group's chair, Lou Rossiter, hopes it will plan advocacy events at the Annual Research Meeting and host webinars to further advocacy goals.
Impact of Conflict on Public Investment in Childrenrmcpu
This document summarizes the impact of conflict on public investment in children. It discusses how conflict can decrease government revenue, lead to changes in budget allocations that prioritize security over social sectors, and compromise public financial management systems. An example is given of South Sudan, where conflict reduced GDP, increased debt, diverted foreign aid to emergencies, and caused security spending to account for 36% of the budget, crowding out social expenditures. The document also outlines recommendations for investing in children before, during, and after conflicts, such as building resilience, safeguarding education and health budgets during conflict, and strengthening revenue collection post-conflict.
Racial Disparity in the Land of Sky Regionnado-web
Erica Anderson (Land of Sky Regional Council) discusses inclusive hiring practices in Asheville and Buncombe Counties at the NADO-DDAA Washington Conference.
The Danube River and Black Sea GEF Financed Investment ProgramIwl Pcu
A PowerPoint presentation by Manuel Marino, Lead Water and Sanitation Specialist, World Bank during the International Waters Workshop - A CEO Dialogue Jointly Organized by GEF and WFEO/FIDIC June 7-8, 200 in Washington, DC, USA. The slides highlight the following topics: (1) Purpose of the Partnership and the Investment Fund, (2) Impact of GEF grant funds, (3) Advances to date, (4) How they see the future
This document provides an overview of national contraceptive funding landscapes and perspectives from global and national levels. It discusses investments from key organizations like UNFPA Supplies and the national basket fund. While there are enabling policies and plans, funding gaps remain due to challenges with implementation and supply chain management. Emerging issues like states independently procuring contraceptives could help address gaps if proper guidelines are developed. The document recommends increasing domestic funding, finalizing state procurement guidelines, and improving commodity security and sustainability.
This document summarizes key aspects of Maryland's proposed FY 2014 budget. It invests $3.7 billion in infrastructure projects that will support over 43,000 jobs. It prioritizes education, health, and public safety, with 83 cents of every general fund dollar going to these areas. The budget closes much of the state's structural deficit with spending cuts and revenue increases while maintaining a balanced approach and protecting priorities.
The document summarizes the Austin Independent School District's budget outlook and challenges for fiscal year 2012. It notes declining local property values and expected state funding cuts of $2-5 billion. This would result in a budget shortfall for AISD of $94-114 million. To close this gap, AISD proposes reductions like increasing class sizes, employee furloughs, and using $31 million of its fund balance, with more cuts needed if state funding is reduced further. Maintaining adequate fund balance is important for the district's credit rating and borrowing ability.
The document provides an overview of the preliminary budget for the North Colonie Central Schools. It identifies returns on educational investments, reviews the current financial picture at the national, state and local levels, and examines the impact of Governor Cuomo's proposed budget. It also discusses educational mandates, the tax levy cap, and the district's approach to developing the 2012-13 budget. Upcoming budget meetings are scheduled in March with a vote by the Board of Education on March 29.
The document summarizes Maryland's fiscal year 2013 budget and priorities under Governor Martin O'Malley. It highlights job creation, education funding, health care expansion, crime reduction, and maintaining a balanced budget through spending cuts and limited tax increases on high earners. Over $3.6 billion is allocated to capital projects focused on education, health, transportation, and economic development to support an estimated 52,000 jobs.
Fiscal Year 2011-2012 is referred to as the "Cliff Year" because Louisiana faces a $1.6 billion budget shortfall that will be difficult to address. Over 90% of Louisiana's $25.5 billion budget is protected from cuts, so the shortfall must be absorbed by discretionary funding, resulting in cuts over 60% to affected departments. The shortfall is projected to continue through FY2015 even with strong revenue growth, necessitating permanent budget cuts or revenue increases. Addressing the shortfall will require politically difficult decisions about taxes, fees, dedications or expenditures.
Fiscal Year 2011-2012 is referred to as the "Cliff Year" because Louisiana faces a $1.6 billion budget shortfall that will be difficult to address. While the total state budget is $25.5 billion, over 90% of funds are restricted or dedicated, leaving only $2.6 billion of discretionary general funds. Absorbing the entire $1.6 billion shortfall from this unrestricted portion would require cutting it by over 60%. Options to help close the gap include increasing some fees, cutting some statutory dedications, and reducing some unprotected non-discretionary spending, though many of these options are politically challenging.
A review of the Grosse Pointe Public School System's financial position in light of the 2013-14 independent financial audit delivered in November 2014.
The President's plan aims to boost economic growth and job creation through short-term investments while reducing the deficit over 10 years. It includes $4.4 trillion in deficit reduction through spending cuts, health care savings, and tax reforms. The plan cuts the payroll tax for workers and businesses, extends unemployment benefits, and invests in infrastructure to create jobs now while reducing tax breaks for the wealthy to cut the long-term deficit. If enacted, the national debt would fall to 73% of GDP by 2021 compared to 90.7% if no action is taken.
Presentation from Robert Allen, Deputy Superintendent For Operations, Ann Arbor Public Schools, on the financial overview of the school system and its budget
We are facing some very difficult budget choices and challenges for Massachusetts for Fiscal Year 2011 (July 2010 - July 2011). Governor Patrick and his administration are holding a series of hearings and forums around the state to get input and ideas from citizens where this presentation is included. To learn more about the hearings and forums, visit www.mass.gov/governor/forums
If you weren't able to make a hearing or forum or want to be prepared before you attend one, this presentation is about 9 minutes long and will give you a basic overview of the budget situation. Please review it, then visit our blog at www.mass.gov/blog/engage to comment and share your ideas.
Gppss and state fund equity analysis 2013Brendan Walsh
This is a data analysis of the General Fund Equity levels of traditional public school systems in the State of Michigan following the 2012-13 school/fiscal year. The analysis focus additionally on Fund Equity in the Grosse Pointe Public School System.
Presentation delivered by CDB President, Dr. William Warren Smith at the 2019 Annual News Conference on February 7, 2019 at CDB's Headquarters in Barbados.
OBJECTIVE
The Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President's budget proposals for a given fiscal year, and other budgetary publications that have been issued throughout the fiscal year. The budget for the Fiscal Year 2021 was issued by the Office of Management and Budget on February 10th 2020. This webinar shall highlight the backdrop of the budget proposals and the subsequent outcome.
Fitch Final Release - Orange Co. (FL) WS - April 2016Tim Armstrong
Fitch Ratings has assigned an 'AAA' rating to approximately $82.6 million in water and wastewater utility system revenue bonds being issued by Orange County, Florida. The bonds are secured by net system revenues and will fund capital improvements to the county's water and sewer system. Fitch expects the system to maintain strong financial metrics like debt service coverage above 3 times, supported by ongoing growth, low debt levels, and affordable rates providing flexibility to increase if needed. Orange County benefits from a diversifying economy anchored by tourism and major employers in healthcare, education, and technology.
The alaska state budget (mat su business alliance 3.21.2014)Brad Keithley
The document discusses Alaska's state budget challenges, including growing spending outpacing falling revenues. It notes that without significant changes, Alaska will face a severe fiscal crisis after 2023 that will lead to an economic crash. To avoid this, the state needs to save more revenue above sustainable spending levels and restrict spending growth. The key drivers of increasing spending are K-12 education, Medicaid, and retirement assistance. The document recommends capping overall spending at sustainable levels and prioritizing programs to fit within the budget. Failing to address unsustainable spending trends will likely lead to a fiscal and economic crisis for Alaska.
This document discusses the importance of sustainable budgets for Alaska. It notes that current spending levels are unsustainable as revenues are declining, creating a growing fiscal gap. To avoid an economic crisis after 2023, spending must be reduced and savings increased by funneling revenues above sustainable spending levels into savings. This turns non-renewable oil revenues into renewable financial assets. The document recommends capping spending at sustainable levels, enacting legislation to provide transparency on sustainable budgets, and examining programs to ensure consistency with a sustainable budget through prioritization and efficiencies.
The document discusses rising US budget deficits and national debt levels. It notes that budget deficits over the past 11 months totaled $2.2 trillion and are projected to continue growing over the next decade. The national debt held by the public is approaching record levels at over 100% of GDP. Interest costs on the debt are also exploding and will rise further as interest rates increase. Recent student loan forgiveness actions would have cost over $1 trillion if not for the Supreme Court ruling. Income-driven repayment plans are now very costly compared to prior estimates.
04062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
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An astonishing, first-of-its-kind, report by the NYT assessing damage in Ukraine. Even if the war ends tomorrow, in many places there will be nothing to go back to.
Here is Gabe Whitley's response to my defamation lawsuit for him calling me a rapist and perjurer in court documents.
You have to read it to believe it, but after you read it, you won't believe it. And I included eight examples of defamatory statements/
El Puerto de Algeciras continúa un año más como el más eficiente del continente europeo y vuelve a situarse en el “top ten” mundial, según el informe The Container Port Performance Index 2023 (CPPI), elaborado por el Banco Mundial y la consultora S&P Global.
El informe CPPI utiliza dos enfoques metodológicos diferentes para calcular la clasificación del índice: uno administrativo o técnico y otro estadístico, basado en análisis factorial (FA). Según los autores, esta dualidad pretende asegurar una clasificación que refleje con precisión el rendimiento real del puerto, a la vez que sea estadísticamente sólida. En esta edición del informe CPPI 2023, se han empleado los mismos enfoques metodológicos y se ha aplicado un método de agregación de clasificaciones para combinar los resultados de ambos enfoques y obtener una clasificación agregada.
Essential Tools for Modern PR Business .pptxPragencyuk
Discover the essential tools and strategies for modern PR business success. Learn how to craft compelling news releases, leverage press release sites and news wires, stay updated with PR news, and integrate effective PR practices to enhance your brand's visibility and credibility. Elevate your PR efforts with our comprehensive guide.
Acolyte Episodes review (TV series) The Acolyte. Learn about the influence of the program on the Star Wars world, as well as new characters and story twists.
2. Highlights: 2007 - 2015
$9.1 B in cumulative cuts to State spending
Eliminating the structural deficit by FY 2017
Budget growth held to lowest levels in a generation
Reduced the executive branch to 1973 levels, per capita
► More than 5,800 positions abolished since 2007
8 consecutive budgets in compliance with Spending
Affordability Guidelines
Rainy Day Fund Preserved at 5% of General Fund
Revenues
State’s AAA Bond Rating Secured
► 1 of only 7 States to maintain an AAA rating from all three
rating agencies throughout the entire recession
3. Maryland is one of only 17 states to have recovered
over 100% of the jobs lost during the recession
3
4. This is a Jobs Budget
Creating Jobs by Rebuilding Schools,
Highways, Roads and Bridges
Public School Construction
Rental Housing Works
Bay Restoration Fund
Transportation Capital Budget
Other Capital Spending
Jobs Supported
7,416
2,500
283
16,317
21,637
48,000+
Accelerating Innovation for Jobs
Biotech and Life Sciences (20% Increase)
Cyber Security (33% Increase)
Research & Development (12.5% Increase)
Sustainable Communities (Level Funded)
$12 M
$4 M
$9 M
$10 M
4
5. 84 Cents of Every FY 2015 General Fund Dollar
Goes to Education, Health, & Public Safety
$0.48
Education
$0.25
Health
$0.11
Public
Safety
$0.16
Other
4
6. The O'Malley Brown Administration
Mission Statement
To strengthen and grow an upwardly-mobile middle
class and our family-owned businesses and farms.
To improve public safety and public education in every
part of our State.
And, to expand opportunity – the opportunity to learn,
to earn, and to enjoy the health of the people that we
love, as well as enjoy the health of the land, the water,
the environment that we love – to more people rather
than fewer.
7. College Affordability
Since 2007, we have done more
to hold down the rising cost of
college tuition than any other
state in the nation
12. National Recession
Resolving Structural Budget Deficit
Structural Deficit
Eliminated by FY'17
In October 2007, budget officials
projected a $1.7 billion structural
deficit in FY 2010.
15. Average Annual Budget Growth Rate
General Fund Spending Growth
*Excludes Appropriations to the Rainy Day Fund
16. A Balanced FY 2015 Budget
After the federal shutdown, revenue estimates
deteriorated, contributing to a $584 M shortfall
►
$193 M in FY 2014 and $391 M in FY 2015
This budget fully closes the projected shortfall with no
tax or fee increases
$621 M in balancing actions achieved through…
►
74% ($457 M) in spending reductions, 26% ($163 M) in sale of
old helicopters, transfers and payments
►
These actions close the shortfall and leave a $37 M balance
17. A Fiscally Responsible Budget
FY 15 budget includes $457 M in spending cuts and
no tax or fee increases
Total spending cuts since 2007 now reach $9.1 B
Securing cash reserves to total $837 B
►
Rainy Day Fund - $800 M (5% of General Fund)
►
Unallocated General Fund balance – $37 M
Closing Maryland’s Structural Deficit
►
Nearly 50% of the structural gap closed in FY '15
►
Projected surplus of $31 M in FY '17
8th Consecutive Budget in Compliance with General
Assembly’s Spending Affordability Guidelines
►
Spending held below 4% recommendation
►
Deficit cut by more than the $125 M
recommendation
$457 M
IN CUTS
IN CUTS
$0
TAX OR FEE
TAX OR FEE
INCREASE
INCREASE
$800 M
RAINY DAY FUND
RAINY DAY FUND
FY 2017 SURPLUS
FY 2017 SURPLUS
$31 M
8 BUDGETS
8 BUDGETS
IN A ROW THAT
IN A ROW THAT
MEET SPENDING
MEET SPENDING
AFFORDABILITY
AFFORDABILITY
GUIDELINES
GUIDELINES
18. Highlights: 2007 - 2015
$9.1 B in cumulative cuts to State spending
Eliminating the structural deficit by FY 2017
Budget growth held to lowest levels in a generation
Reduced the executive branch to 1973 levels, per capita
► More than 5,800 positions abolished since 2007
8 consecutive budgets in compliance with Spending
Affordability Guidelines
Rainy Day Fund Preserved at 5% of General Fund
Revenues
State’s AAA Bond Rating Secured
► 1 of only 7 States to maintain an AAA rating from all three
rating agencies throughout the entire recession