Word: budgeting
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...came across a blog called Ultimate Sports Insider (www.ultimatesportsinsider.com) which outlines budget cuts in various athletic programs nationwide. It is run by Michael Cross, who is Executive Associate Director of Athletics at Princeton...
...increased focus on HoCos also calls attention to the need to monitor spending of UC funds and highlights problems with house budgets. Currently, HoCos receive their funding from the UC, and all houses, regardless of their size, work under the same budget. It would be wise for the UC to review this arrangement and consider updating it reflect the large disparities in size between houses. Bigger houses might need bigger funds. The UC can take the opportunity to investigate whether money is being properly managed and propose new ideas...
It’s no secret that Harvard has been struggling financially due to the recession—University Hall’s endowment woes (and resulting budget cuts) have come under constant scrutiny not only by The Crimson, but also by national newspapers such as The Boston Globe and The New York Times. But just in case you’ve been living under a rock for the past few months, FM has gathered some stats on the recession’s effects on Harvard, ranging from the obvious to the surprising to the potentially infuriating. Just remember: regardless...
...secret that Michigan is enduring the most extreme effects of the nation's economic crisis: its unemployment rate stands at 15.3%, and the state is functioning on a temporary budget as legislators rush to close a $2.8 billion deficit. In recent years, the financial situation here has been so dire that Michigan has closed several detention facilities, reducing its prison population by thousands. Now, however, the state appears to be viewing prisoners in a different economic light - as a potential revenue generator...
...inmate population: since 2006, it has dropped from 51,700 to about 46,000. Officials here attribute the decline to several factors, including an overall drop in crime, the placement of more people on parole and a lower recidivism rate. But in June, as the state's budget crisis deepened, Michigan announced that it would close eight prison facilities by the end of the year, including Standish, which could save some $30 million annually. Standish is expected to be shut down by the end of October, and many of the 600 inmates are already being dispersed to other facilities. Officials...