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Loughill honour for Limerick gun runners

first_img Previous articleMurder suspect is admitted to Central Mental HospitalNext articleCouncil to debate JobBridge ban Alan Jacqueshttp://www.limerickpost.ie Twitter NewsLocal NewsLoughill honour for Limerick gun runnersBy Alan Jacques – September 18, 2014 1119 WhatsApp Email WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Limerick’s National Camogie League double header to be streamed live Linkedin Molly Childers and Mary Spring Rice on the Asgard, 1914FOYNES woman Mary Spring Rice was a prominent member of the crew of the Asgard that famously landed 900 rifles and ammunition at Howth harbour in the summer of 1914.This Sunday at 2pm the crucial role played by Mary and other Limerick people in the importation of arms for the Irish Volunteers will be marked with the unveiling of a commemorative plaque at Mount Trenchard Churchyard in Loughill – the County Limerick gun-runner’s last resting place.Sign up for the weekly Limerick Post newsletter Sign Up Conor O’Brien of Foynes Island, who later made the first circumnavigation of the globe in the Saoirse, flying the flag of the newly independent Irish Free State, is also buried at Loughill. He was the owner and skipper of the Kelpie in 1914 and along with his sister Kitty and Foynes sailors George Cahill and Tom Fitzsimons they conveyed a second consignment of arms from Germany to St Tudwall’s Island, off the Welsh coast.The 600 rifles and 10,000 rounds of ammunition were transferred from there to the Chotah, owned and skippered by Limerick-born Sir Thomas Myles, then President of the Royal College of Surgeons, and were landed at Kilcoole, County Wicklow on August 1, 1914. A total of 15,000 rifles and 45,000 rounds of ammunition were landed in 1914.To honour these Irish nationalist activists, a commemorative booklet is being published by the Mount Trenchard Memorial Committee. The memorial plaque, to be unveiled this weekend, has been sculpted by Cliodhna Cussen.A shuttle bus will run this Sunday between the churches at Foynes and Loughill to the Mount Trenchard churchyard. Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories center_img TAGSConor O’BrienfoynesFoynes IslandlimerickLoughillMary Spring RiceMount Trenchard Churchyardthe Asgardthe Kelpie RELATED ARTICLESMORE FROM AUTHOR Limerick Ladies National Football League opener to be streamed live Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Print Facebook Advertisementlast_img read more

Personal income drags down Vermont tax revenues

first_imgSecretary of Administration Neale F. Lunderville released the January 2010 General Fund Revenues today. January is the 7th month of FY 2010. General Fund revenues totaled $114.25 million for January 2010, -$5.41 million or -4.52% below the $119.66 million consensus revenue forecast for the month. Year to date, General Fund revenues of $628.66 million were -$5.41 million and -0.85% below the year to date FY 2010 target of $634.07 million.Although one month’s results following the adoption of the revised Consensus Revenue Forecast are insufficient to indicate a trend, I am concerned that the shortfall occurred in Personal Income Taxes.January’s are the first monthly results utilizing the recently revised FY 2010 Consensus Revenue Forecast, approved by the Emergency Board at their January 13, 2010 meeting. Normally, statute requires the State’s Consensus Revenue Forecast to be updated two times per year, in January and July. In order to stay current with the economic situation, the Emergency Board adopted a quarterly review schedule for the last fiscal year and to date for the current fiscal year. The next Consensus Revenue Forecast review by the Emergency Board, as yet unscheduled, will be held in July 2010.Personal Income Tax receipts are the largest single state revenue source, and are reported Net-of-Personal Income Tax refunds. Personal Income Tax receipts for January were $65.34 million, -$6.42 million or -8.95% behind the monthly target. Secretary Lunderville said: “Although one month’s results following the adoption of the revised Consensus Revenue Forecast are insufficient to indicate a trend, I am concerned that the shortfall occurred in Personal Income Taxes. Of the -$6.42 million shortfall in personal Income Taxes, -$3.5 million of the shortfall was in Withholding Taxes paid and -$1.97 million was in Estimated Payments. This is consistent with the weaker December employment numbers recently released, and that bonuses paid December do not appear to have been as robust as estimated.”Corporate Income Tax receipts are also reported net-of refunds. Corporate Tax was also below the new target for January with receipts of $1.28 million against a target of $1.41 million or -0.13%. The consumption taxes, however, were slightly above target for the month. Sales & Use Tax, at $25.19 million exceeded target by +$0.23 million (+0.93%), as did Rooms & Meals Tax at $10.30 million exceeding target by +$0.17 million (+1.70%) for January.The year to date results for the four major General Fund categories are as follows: Personal Income Tax, $320.66 million (-1.96%); Sales & Use Tax, $128.44 million (+0.18%); Corporate, $30.94 million (-0.42%); and Meals & Rooms Tax, $71.30 million (+0.24%).The remaining tax components include Insurance, Inheritance & Estate Tax, Real Property Transfer Tax, and “Other” (which includes: Bank Franchise Tax, Telephone Tax, Liquor Tax, Beverage Tax, Fees, and Other Taxes). Results for the month of January were as follows: Insurance Tax, $0.71 million (-11.95%); Estate Tax, $1.15 million (-35.10%); Property Transfer Tax, $0.62 million (+14.24%); and “Other”, $9.67 million (+16.60%). Year to date results for these categories were: Insurance Tax, $17.60 million (-0.54%); Estate Tax, $9.16 million (-6.34%); Property Transfer Tax, $4.96 million (+1.58%); and “Other”, $45.59 million (+3.11%).Transportation FundSecretary Lunderville also reported on the results for the non-dedicated Transportation Fund Revenue, revenue of $15.01 million for the month or -$0.14 million (-0.95%), below the monthly target for January of $15.15 million. The year to date non-dedicated Transportation revenue was $118.51 million versus the target of $118.66 million (-$0.14 million, -0.12%).January results showed above target receipts for both Gas Taxes and Diesel Taxes, while Motor Vehicle Purchase & Use, Motor Vehicle Fees and Other were below the monthly target. The Transportation Fund revenue results for January were: Gasoline, $5.15 million or +2.97% above target; Diesel Tax, $1.31 million or +11.71% above target; Motor Vehicle Purchase & Use Tax, $2.83 million or -3.17% below target; Motor Vehicle Fees, $4.44 million or -2.17% under target; and Other Fees, $1.27 million or -15.85% below the monthly target. The January year to date Transportation Fund revenue results were: Gasoline, $37.20 million or +0.40% and Diesel Tax, $8.64 million or +1.61%, both above target; Motor Vehicle Purchase & Use Tax, $25.37 million or -0.36%; Motor Vehicle Fees, $37.50 million or -0.26%; and Other Fees, $9.81 million or -2.38%, all three short of target. “Bolstered by revenue from the “Cash for Clunkers” program and some increased fees, the Transportation Fund appears to have stabilized at levels slightlyabove the prior year. However, vehicle miles traveled continue to be well below the historic levels when you consider that gas is less than $3.00 per gallon. This may indicate a permanent reduction in driving patterns regardless of gas prices,” said Secretary Lunderville.Secretary Lunderville also reported on the results for the Transportation Infrastructure Bond Fund (“TIB”). Act 50 of the 2009 session provided that receipts in the TIB Fund that are generated by a motor fuel (gas and diesel) assessment on distributors would first be dedicated to paying the principal, interest and related costs on any Transportation Infrastructure Bonds. After payment of the related bond costs, any remaining TIB monies may be used to fund qualifying Transportation capital projects. TIB Fund Gas receipts for January were $1.24 million or -1.09% below target; year to date, TIB Fund Gas receipts were $7.39 million or -0.18% short of target. The TIB Fund Diesel receipts began in December 2009, and were $0.08 million or -41.86% below target for the month; year to date TIB Diesel receipts were $0.26 million or -18.23% behind target. The TIB Fund receipts are noted below the following table:Education FundSecretary Lunderville released revenue results for the “the non-Property Tax” Education Fund revenues (which constitute approximately 11% of the total Education Fund sources). The non-Property Tax Education Fund receipts for January totaled $15.73 million, or -$0.10 million (-0.66%) below the $15.83 million revised Consensus Revenue target for the month. Year to date, Education Fund revenues were $87.81 million or -0.12% below target.The individual Education Fund revenue component results for January were: Sales & Use Tax, $12.59 or +0.18%; Motor Vehicle Purchase & Use Tax, $1.42 million or -3.16%; Lottery Transfer, $1.71 million or -8.89%; and Education Fund Interest, $0.01 million or -36.37% . Year-to-date results were: Sales & Use Tax, $64.22 or +0.18%; Motor Vehicle Purchase & Use Tax, $12.68 million or -0.36%; Lottery Transfer, $10.84 million or –1.51%; and Education Fund Interest, $0.07 million or -8.80%.ConclusionSecretary Lunderville commented that “Key economic indicators continue to show mixed results. There continues to be softness in the housing market as well as the December downturn in the labor market, both nationally and in Vermont. Vermont’s unemployment rate rose to 6.9% in December up from 6.4% in the prior month. Employers continue to slowly add hours for existing employees and temporary workers but have not begun to replace the job losses. Consumer confidence remains both flat and significantly below the high point of 2006 though early 2008.”Lunderville concluded: “With the below target performance in the General Fund, we must guard against complacency and realize that there remains a good deal of downside risk. There are no signs that indicate a return to pre-recession levels for more than two years and we must not forget that general fund receipts year to date are $46.3 million or 6.86% below the same period for FY 2009.” Source: Lunderville’s office. 2.12.2010last_img read more

House panel to review data security, NCUA budget bills today

first_img 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NAFCU-supported legislation to strengthen the protection of consumers’ financial data and to require more budget transparency at NCUA is scheduled for mark-up today by the full House Financial Services Committee.Ahead of today’s mark-up, NAFCU Vice President of Legislative Affairs Brad Thaler sent a letter to committee leaders yesterday asking their support of H.R. 2205, the “Data Security Act of 2015,” and H.R. 2287, the “National Credit Union Administration Budget Transparency Act.”Introduced by Randy Neugebauer, R-Texas, and John Carney, D-Del., H.R. 2205, would establish uniform national standards for protecting consumer payment and personal information while recognizing credit unions’ compliance with the Gramm-Leach-Bliley Act. A companion measure, S. 961, was introduced by Sens. Tom Carper, D-Del., and Roy Blunt, R-Mo.Under H.R. 2205, retailers would be held responsible for implementing security measures to protect consumer data. In a POLITICO article Monday, NAFCU President and CEO Dan Berger is recognized for his statement last week praising House Financial Services Committee Chairman Jeb Hensarling for holding today’s mark-up. Berger thanked Hensarling for his efforts to ensure “that all entities holding consumers’ personal financial data are held to the same standards credit unions are already accountable to,” the article stated. continue reading »last_img read more

6 traits of top-notch investment portfolio management

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Can credit unions manage their liquidity and interest rate risk and still improve their earnings?“Yes, but there are some trade-offs,” says Ryan Hayhurst, managing director of The Baker Group.He addressed the CUNA Economics & Investments Conference Tuesday in Las Vegas.Net-interest margins remain near 15-year lows, Hayhurst says. He advises using investments to boost the bottom line.Consider these six characteristics of high-performing investment portfolio management:Use the investment portfolio to fight margin erosion. “The bond portfolio is the only place we can increase margin without hurting the membership,” Hayhurst says.last_img

Dubrovnik finally develops the program “Winter in Dubrovnik” in a meaningful and connected way

first_imgCONNECTION OF DUBROVNIK – WINTER FLIGHTS The measure refers to the exemption from rent for public areas of caterers who are mainly engaged in serving food (restaurants, taverns, pizzerias) in the historic center, if they perform their activities from 1 December 2019 to 29 February 2020. The leaflet can be downloaded from the TZGD website, as well as in the open Tourist Information Offices of the Dubrovnik Tourist Board, Pile and Gruž, and in all open Dubrovnik hotels.  Also, as pointed out by the Dubrovnik Tourist Board, a Facebook promotional campaign is being conducted in a dozen foreign markets from where the largest number of guests come to Dubrovnik during the winter months, as well as locally for visitors who are in Dubrovnik.  Given the increase in the number of international and domestic flights during the winter months and the interest and growth in the number of visitors, the Tourist Board of the City of Dubrovnik during this winter prepared promotional activities and printed a monthly flyer “Winter restaurants“, Which contains a list of open restaurants, pizzerias and fast food restaurants during the month of December with special working hours, so that guests staying in Dubrovnik are better informed and so that open restaurants are better promoted.  Support for Dubrovnik for this first step towards a complete story, but the real work is just beginning. Starting from the website to expanding the tourist offer to the entire Dubrovnik area through integrated tourist products. Specifically, for example, Pelješac has and offers excellent facilities and products that are chronically lacking in Dubrovnik’s tourist offer, and which complement each other perfectly. That is why, in my opinion, Dubrovnik should use its media and financial power to promote and develop a wider area, not just itself. Because this is where the winning formula lies on how to extend the number of days guests stay in Dubrovnik or Dubrovnik-Neretva County (wherever a guest spends the night, they will certainly visit Dubrovnik one day) as tourist spending increases and most importantly offers quality and authentic content to guests. Content that directly affects the level of guest satisfaction about the overall impression of the destination. This year, the City of Dubrovnik has made a decision to reduce the public area for catering tables and chairs by 10% for all facilities used with 25,00 and more m2. Also, the lease time of public space has been increased to 5 years, which will certainly bring some security to caterers. Of course, the main motive for coming must be content. Thus, the City of Dubrovnik, the Dubrovnik Tourist Board and the Dubrovnik Summer Festival have prepared a cultural, entertainment, gastronomic and music program for visitors of all ages as part of the sixth edition of the Dubrovnik Winter Festival, which will last until January 6, 2020. You can view the leaflet at the following link: Dubrovnik – leaflet with a list of open restaurants during December Dubrovnik brought order to the historic core This whole winter story of Dubrovnik is finally meaningful and connected, but there is certainly still a lot of room for growth. This is only the first step and prerequisite for strategic development and thus long-term success, because tourism and the concept of destination is much more than accommodation and restaurants. Also, in order to extend the tourist season, the City of Dubrovnik has proposed a measure that should stimulate the owners of restaurants in the historic center to work in the winter months. Dubrovnik Winter Festival During the winter season 2019/2020 Dubrovnik will be connected with the most foreign destinations so far, seven to be exact. Dubrovnik can and must do much better A complete tourism product and strategic development is the only right path to sustainable development. A term that in Croatia we are just discovering and learning what it means. But we live in the 21st century where everything is available to us, we have all the potential, prerequisites and resources, and it is up to us to connect all the points well and tell our authentic story. Everyone is fighting for every tourist, both in the global and in a strong and competitive European market, and the winners will be those who are innovative, creative, proactive and those who are primarily engaged in market development. In accordance with the new amendments to the Decision on the lease of public areas in Article 6, a paragraph was added on the exemption from paying rent to caterers in the Historic Center if caterers perform their activity in the “winter” months. Of course, we have high expectations of Dubrovnik as our TOP destination, which must be one of the domestic signposts of how and in which direction to develop. Dubrovnik must be a tourist leader. Thus, Croatia Airlines, in addition to its regular flights to Zagreb, will connect Dubrovnik and Frankfurt, British Airways will connect us with London, and Vueling will connect Dubrovnik with Rome and Barcelona. For the second time in the winter flight schedule, LOT will connect Dubrovnik and Warsaw, Aegean Airlines Dubrovnik with Athens while Turkish Airlines will continue to connect Istanbul and Dubrovnik. Dubrovnik can and must do much better. RELATED NEWS:last_img read more