Word: budget
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...campaign narrowly covered expenses with the help of an initial sum of $3,000 from the UC surplus budget and $4,000 in miscellaneous donations solicited before the summer began, but failed to meet the ambitious goals laid...
...According to union representatives within Harvard, the administration’s most recent budget-cut tactic has been to implement hour reductions among staff while still expecting essentially the same amount of work to be done in less time. Although hour reductions appear to be a compromise, and perhaps a better option than layoffs, reducing hours continues to ask the lowest-paid workers at Harvard to bear an inequitable share of the financial burden. Staffers are physically strained by the work, and financially strained by the reduction in pay. Although hours reductions are preferable to layoffs because workers retain health...
...that students have returned to campus, it is essential that we not forget the challenges facing the lowest-paid members of our community. Students must remain vigilant of the fact that the university seems to deliberately deceive us on issues involving budget cuts. It is apparent that administrators were merely waiting for students to leave campus before beginning layoffs. Although I had been warned of this, I still felt deceived by leaders of my university, who, weeks before, had shooed away concerns about layoffs by insisting that nothing had been decided and that we need not continue to pester them...
Once the remaining $73 million is gone, Palmer says California would turn to its general emergency fund, which totals $500 million. In signing the budget in July, Schwarzenegger made additional cuts in order to have half a billion dollars in reserves put aside for catastrophes such as fires and earthquakes. (See 10 things to do in Los Angeles...
...even with federal assistance, the California fiscal crisis - and in particular July's $1.9 billion raid on local government finances to help balance the state budget - could threaten the system of mutual aid between fire departments across the state. For example, several fire departments in northern California went south to help out with the Angeles National Forest blaze. As the fire season continues, however, budget cutbacks may force some local fire departments to stop participating in mutual aid. "Local agencies may have no choice but to hold back. A fire department's first responsibility is to protect the home front...