Word: budgeteering
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...downgraded because its Olympic Village has turned into a money pit that could end up costing taxpayers as much as $1 billion. As for the total price tag for Vancouver's Games, estimates vary from $1.6 billion to $5.5 billion. (Read "In Hard Times, Olympic Plans Go On a Budget...
...debate about how to account for two major projects being built for the Olympics: a light-rail link connecting the city to the airport, and costly upgrades to the Sea to Sky highway, which winds north along Pacific fjords. Should these projects be part of the Olympic budget or (because they will presumably serve the city for years afterward) part of the general municipal budget? Either way, the projects will take decades to pay down...
...fund] is not frozen,” said Paul J. McLoughlin, Assistant Dean of the College. “It is budgeted for this year in the College’s budget...
...carving a new identity for Michigan has been tricky. Just two years ago, Michigan's government shut down for several hours when lawmakers could not pass a budget. At the end of last year, Granholm issued the first of two executive orders halting new hires and promotions, and limiting travel. Unsurprisingly, her legislative proposal to raise some $600 million with new fees and taxes - from a new license allowing Sunday liquor sales, and an increased tax on tobacco products like cigarillos - has failed to gain support...
...budget deal is not reached by midnight Wednesday, the governor has indicated she will sign a temporary budget that will give officials another 30 days to resolve differences. "No one wants to see a shutdown," Granholm said. "People want to see this resolved...