1. And if revenue for May and June exceeds administration expectations, that would push the cash balance even higher. 2. As a result, as the economy bounced back, revenues exceeded expectations, leaving many cities with balanced budgets or even large surpluses. 3. At that point, the government will have to tap the Social Security trust fund, which was built up with money saved in years when revenues exceeded payments. 4. Bay Networks Inc. may rise, after it said it expects fiscal first-quarter revenue will exceed expectations. 5. A surplus occurs any time revenues exceed the money needed to run government. 6. For now, revenues exceed expenditures, generating surpluses that are used to buy government bonds. 7. James Dodd, telecommunications analyst at Kleinwort Benson Securities, said telephone revenue has far exceeded television revenue for the U.K. cable TV companies. 8. Shuster said he is willing to agree to funding increases that would kick in only if revenues exceed those forecast in the budget agreement. 9. Still, if tax revenues exceed expectations this year, the claim might in fact turn out to be true. 10. The reality that the market is returning to is one where fundamentals matter, where revenues must exceed costs and businesses must generate profits within planned time frames. |