Word: budgeteering
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Dates: during 1960-1969
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...survive as a nation. It cannot prosper indefinitely, or even exist indefinitely, barricaded against its neighbors. If Israel is to continue to thrive, it has to find a way to trade in peace, attract new investment and live within its means; it now spends a third of its national budget on defense...
Seducing the Diehards. For the budget-minded, refurbishing old buses is the cheapest route to luxury camping. "We went tenting in the Smoky Mountains one time and spent an entire week inside the tent in the rain," recalls Bill Roberts of Clearwater, Fla. No more. Roberts and his wife spent $2,000 buying and transforming an old bus into a mobile three-room apartment, now go out almost every weekend with friends who own similar rigs. Camper buses are ideal for families with children. Reason: the kids get less restless en route because they have room to play...
...refused to accept a 50% increase in their real estate taxes to cover school operating costs that have risen by more than $2,000,000 a year. Six months ago, Minneapolis voters defeated a proposed $16 million increase in their real estate taxes to cover a boost in the budget. As a result, the board of education was forced to cut back expenditures for new books, educational films, teachers' sabbaticals and bus services...
Parochial school administrators claim, with some justice, that they lack the means to satisfy the teachers. In the past four years, for example, the operating budget of Philadelphia's archdiocesan secondary school system, which serves 59,000 pupils, has risen from $4,500,000 to $8,500,000. New building needs, plus the recent teacher settlement, which resulted in annual salary increases of from $300 to $1,000, threaten to create a $1,000,000 deficit in the next school year...
...because Mather House will add about $150,000 to the annual budget of the Houses, that decision would also require some increase in room rents...