Exact(3)
This, however, did not constitute revenue sharing, Moonves explains, at least not the 50-50 deal that Burnett describes: "We would never share ad revenue.
The justices held that borrowed funds did not constitute revenue within the meaning of the State Constitution's requirement of a balanced budget.
The main issue is whether the proceeds of borrowing -- in this case, $1.9 billion of the $28 billion budget for 2004-5 -- constitute revenue for the purposes of the New Jersey Constitution's requirement that appropriations not exceed revenue.
Similar(57)
But the state contends that the governor, who must certify each year that the state has the anticipated revenue to cover expenditures, has the authority to decide what constitutes revenue.
County government is mostly financed from local property taxes and state-aid funds; fees and fines constitute minor revenue sources.
Customs revenues constitute about one third of domestic revenues, which currently pay for no more than one quarter of the national budget.
Nomura's point: The subscription streaming of movies and television episodes really doesn't constitute home video revenue and should be accounted for in comparison to cable or syndication sales to services like HBO, Showtime or others in years past.
So those three things constitute our total revenue stream.
Super-premiums account for only 23% of vodka sales by volume, yet constitute 44% of revenue, or $1.3 billion per year, a figure that grew by almost 50% between 2000 and 2003.
And 53 major U.S. companies ― which together constitute $613 billion in revenue and 1.3 million employees ― will have his back, according to an amicus brief filed Thursday. .
Courts generally defer to Congress's taxation decisions and definitions so long as they constitute a "genuine revenue-raising device," Professor Balkin said, and so the health insurance mandate is likely to pass muster.
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