Word: budgets
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Dates: during 2000-2009
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Richard Tuck, chair of the social studies committee, said there has not been “much detailed discussion” concerning the FAS budget of late...
...person charged with overseeing the Faculty of Arts and Sciences and its budget, people often ask me: “Sure, Harvard and the FAS have lost a lot of their endowment, but you still have tens of billions of dollars. Can’t you spend more of it now to avoid making difficult or painful budget cuts...
...endowment too far (selling too many cows) leaves us with too little money to sustain our operations in the future. Like a farmer with too few cows to sustain his farm, spending too much from our endowment can exacerbate the problem of too little operating cash, making more budget cuts necessary in the future...
...proud about the way the FAS community came together these past six months and thought carefully about the difficult balance that needed to be struck between continued spending to support our core mission today and thoughtful budget cuts to ensure that Harvard remained Harvard in the future. By having made difficult choices and by husbanding our financial resources early, we acknowledged the needs of both our current students and the future generations of students yet to matriculate. The process has also produced ideas that will make Harvard stronger and better prepared to tackle the challenges and embrace opportunities...
Indeed, the looming H1N1 crisis right around the corner has possibly surpassed the scariness of our budget crisis. Whereas e-mails reflecting our budget crisis alert us to the discontinuance of our personal course guides, the regular H1N1 updates seem to threaten the very functioning of our university...