#revenue-projections

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budget-cuts
www.nytimes.com
3 weeks ago
NYC politics

Mayor Adams Walks Back Budget Cuts, but No Reprieve for Libraries

Mayor Eric Adams proposed a revised $111.6 billion budget, restoring $2.3 billion to offset previous cuts based on better than expected tax revenue. [ more ]
BKReader
2 months ago
NYC politics

City Council Says There's Another $3B in Tax Revenue

City Council projects $3.3 billion more revenue than Mayor's budget office for FY24 and FY25
City Council aims to restore budget cuts in areas like education and cultural sectors [ more ]
Miami Herald
4 months ago
NYC politics

Making sense of Mayor Eric Adams' about-face on NYC budget cuts

Mayor Eric Adams announces restorations to critical city services after previously planning to scale them back.
The restoration is attributed to better than expected revenue projections and lower projected costs tied to managing the migrant crisis. [ more ]
morebudget-cuts
ReadWrite
3 weeks ago
Artificial intelligence

Meta sounds profit warning as AI spending soars

Generating substantial returns from AI will be a time-consuming process as highlighted by Meta's CEO Mark Zuckerberg. [ more ]
London Business News | Londonlovesbusiness.com
1 month ago
Business intelligence

More than 80% of companies have missed revenue forecasts in the last two years

Over 80% of businesses missed sales forecasts in the last two years.
Outdated tech and practices contribute to missed forecasts; AI can improve accuracy. [ more ]
Investing.com Australia
1 month ago
Marketing

Earnings call: Torrid Holdings exceeds Q4 expectations, plans growth By Investing.com

Torrid exceeded Q4 sales and EBITDA expectations.
Torrid plans strategic store openings and revenue growth for 2024. [ more ]
POLITICO
3 months ago
NYC politics

Adams softens budget cuts amid better-than-expected revenue

The city of New York has seen a significant increase in revenue projections, exceeding expectations by nearly $3 billion.
Mayor Eric Adams is projecting a 20% reduction in costs for migrant services, thanks to new initiatives aimed at limiting asylum seeker stays. [ more ]
www.mercurynews.com
4 months ago
Education

Walters: Bigger California deficit could spell changes for schools

California's state budgeting process starts with projecting revenue, but these projections are often far from accurate due to the volatile taxation system.
The allocation of funds to public schools under Proposition 98 is based on these revenue projections, but the calculations are subject to interpretation and often do not align with reality. [ more ]
AdExchanger
4 months ago
Marketing tech

Why VideoAmp Stumbled In The Race To Replace Nielsen | AdExchanger

VideoAmp laid off 20% of its staff amid a reorg.
The company's alt TV currency business has not been growing as quickly as expected. [ more ]
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