Word: budgetable
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...more than half their income. The Faculty of Arts and Sciences, the University’s largest school and home of Harvard College, drew 52 percent of its revenues from the endowment last year. Planning for a precipitous drop in endowment size has already resulted in $77 million in budget cuts at FAS, and administrators are looking to cut another $143 million this year from a budget of just over $1 billion...
Brain Break began its fall late-night snack service on Tuesday in House dining halls and in Annenberg Hall, but the heavily promoted improvements left some students unimpressed. As one of the few Harvard programs receiving a budget increase in spite of the Faculty of Arts and Sciences’ $143 million budget shortfall, Brain Break was expected to feature “enhanced” choices—including healthier food options and greater variety. But the Tuesday night debut, featuring vanilla and chocolate cupcakes—along with traditional items such as bagels and peanut butter and jelly...
...Even if such promises are upheld, experts say, the NHS faces a funding crisis in the coming years. One recent report by the NHS Confederation, an independent membership body for the organizations that make up the NHS, found that even if the NHS's budget were increased 5% each year until 2011, rising costs would lead to a real-terms reduction in funding of some $15 billion over that period. "More with less" may be the management consultant's old adage, but with health-care systems around the globe under strain, citizens and politicians alike may have to adjust their...
...appears the FAS Communications Office is being downsized. Dean Michael D. Smith announced in an e-mail Tuesday to faculty and staff that Harvard's central communications bureau would increasingly be taking on the FAS Office's duties. Budget-cutting consolidation, perhaps...
...students remain vigilant when we are often excluded from the decision-making processes surrounding Harvard’s budget? The first and most obvious way is to maintain our human and personal connections with all people who live and work at Harvard. Whether it means talking with someone who works in your dining hall or stopping to catch up with the janitor you’ve seen in the Science Center, you may learn that someone you see every day has lost an eighth of her salary and can no longer afford to pay rent. These human interactions...