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Finance ministers must cope with shortfalls and windfalls.
While states are grappling with shortfalls amid the deepening recession, New York's situation is particularly dire.
The authority has been struggling with shortfalls for years, but its finances have gotten a lot worse.
A recent survey from the Center on Budget and Policy Priorities suggests that most agencies with shortfalls will go this route.
Rainfall accumulation remains far below normal for the year, with shortfalls from 7 to 13 inches across the region, he said.
THE Pension Protection Fund (PPF), set up by the government and paid for by businesses, is to insure workers whose employers go bust with shortfalls in their pension funds.
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Treacy said that "exceptionally poor trading together with shortfall on property proceeds and challenges around trade credit" had led to the downfall of BHS.
Faced with funding shortfalls, the M.T.A. has resorted to borrowing.
Some of those receiving the requests in Mount Clemens are grappling with budget shortfalls of their own.
He has refused to raise state taxes, which Democrats say will leave Minnesota with gaping shortfalls.
Laggards tend to be companies with big shortfalls in their pension funds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com