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"I think it's wonderful," said Cathie Kosel, an administrator in the West Contra Costa County Unified School District, as she headed into a meeting to discuss a district shortfall due to rising energy costs and other factors.
I am writing to you today to confirm that we project a very significant budget shortfall due to an unexpected sharp decline in first-year enrollments and student retention this coming fall.
The shooting coincided with what now seems a far less consequential crisis — weekend negotiations to resolve a $365 million budget shortfall, due to be addressed in a special legislative session scheduled for Wednesday.
These countries already pour $800 billion in annual oil revenue into energy subsidies - and if they fail to cover the predicted shortfall due to the post-peak fall in US output, by 2025 the average cost of a barrel of oil could climb up by $15.
Duncan, who has maintained that Channel 4 faces a potential £150m a year funding shortfall due to structural changes in the media, said that the commercial TV market "cannot guarantee adequate levels of public service competition to the BBC without some continuing form of intervention".
Yet when the state faced a sudden budget shortfall due to the loss of tourism revenue after September 11th, Mr Bush chose to cut education funds rather than repeal corporate tax breaks.To make matters worse, a judge ruled earlier this month that Mr Bush's solution school tuition vouchers violated Florida's constitution, on the grounds that it involved tax dollars going to religious schools.
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The Class D bonds are subordinate to the Class C bonds so that cash flow shortfalls due to defaults or delinquencies on the real estate mortgages are borne first by the Class D bond holders.
A production cost dispatch model is applied to Lusaka, Zambia's capital, whose largely hydro-based electricity system is currently facing shortfalls due to population and economic growth and climate change.
Peugeot and Renault, France's two big carmakers, have said that they might suffer profits shortfalls due to currency movements.Many firms in other sectors have natural hedges similar to BMW's.
Unless significant changes are made to the Social Security and Medicare programs, those later generations would have to be heavily taxed - 44percentt of their lifetime earnings - and their benefits reduced, to make up for severe shortfalls due to population aging and escalating health care costs, according to the study.
This problem is exacerbated by highway spending shortfalls due to insufficient state "gas tax" revenues which constitute a major component of highway funding sources especially in states like Texas.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com