In the 1999 fiscal year, which begins next July 1, the city has a projected gap of $1.8 billion between revenue and expenses.

Without the increase, he said, there would be a $60.6 million gap between revenue and expenses.

This guide provides further information on the difference between 'allowable and non-allowable expenses' below.

For starters, the proposed increase will not come close to eliminating the agency's long-term gap between revenues and expenses.

The plan has a healthy 3.5 percent increase in spending, despite a $5.1 billion shortfall between revenue and expenses.

The spending plan that took effect July 1 included $20 million in borrowing to close the gap between revenues and expenses.

But state officials said the ruling has blurred the distinction between educational and fund-raising expenses.

The only way to know the difference between the standard rate and actual expenses is to run the numbers.

Consider, for example, the big difference between expenses and the trading price per tonne of tuna.

It needs a serious plan to end the chronic imbalance between revenues and expenses.