Word: budgeter
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...University spokesman Kevin Galvin declined to comment on the latest staff reductions. But Harvard officials have long cited the slumping endowment as a reason to trim compensation costs, which make up roughly half of Harvard's operating budget...
...accessible? Oh yeah! Michael was a citizen of the world. I said, "Mike, let's go to Brazil to do this." And he said, "Let's go, Spike!" And it's great when you work with people who say stuff like that - it's not a matter of budget. He wanted to do it? We were going...
...Miami-Dade County, to the south, where 1 in 4 homeowners is 30 days or more behind in his or her mortgage payments, residents are bracing for what Mayor Carlos Alvarez says could be an imminent property-tax hike to fill an almost $400 million budget hole - a move that veteran Miami realtors like Alex Shay insist would set recovery back. "It's out of line," says Shay, who recently took Alvarez to task on his Miami Real Estate blog. "A lot of people here are barely holding on to their properties, using credit-card advances to pay escrow...
...depressed as a Florida sinkhole, its taxable value is still high or rising. More important, many of the state's county and local governments are raising their millage rate (the rate per $1,000 of assessed value that determines the property-tax bill) to make up for budget shortfalls...
...negotiate lower assessments. And real estate experts like Paul say onerous tax bills aren't proving too large a hindrance to foreclosed-home purchases. The bigger concern is that during the boom, many local governments spent their revenue windfalls like sailors, which makes taxpayers less sympathetic to their budget whining. Mayor Alvarez insisted this month that "it's almost impossible that we can achieve an acceptable budget" without a property-tax increase. But because Miami-Dade residents saw so much official profligacy during the housing bubble - county commissioners were famous for having cops chauffeur them around town, which cost hundreds...