Word: budgets
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Dates: during 2000-2009
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...While its expenditures have been relatively conservative in past years, the Law School remains dependent on endowment revenue for 37 percent of its operating budget. A payout decline of $19 million would represent over 10 percent of the School's current budget, and earlier this spring, the Law School's departments were each directed to cut costs by about 10 percent...
...This past spring, 25 of 72 eligible Law School employees accepted buyouts from the University. Administrators further reduced the personnel budget by eliminating some vacant positions and visiting faculty appointments, freezing faculty and non-union staff salaries, and slashing faculty allowances. Professors and senior administrators have also pledged several hundred thousand dollars in donations to help offset the budget...
...Dean Elena Kagan, who stepped down after being confirmed as U.S. Solicitor General, Jackson took an unusually active role in shaping the Law School during his brief three month deanship. Kagan departed in March without making any budgetary announcements to the Law School community, and due to the tight budget approval timeline, the decision fell to Jackson to move forward with involuntary workforce cuts...
...bills, Gov. Schwarzenegger and the legislature remain at odds over how to close a now $26.3 billion deficit. Schwarzenegger on Thursday ordered a third unpaid furlough day for 235,000 state employees. With its $1.7 trillion economy sputtering and 11.5% unemployment surging, California's difficulty in balancing its budget could affect the national recovery...
...Golden State's budget problems are hardly new. The seeds of them were planted more than 30 years...