Word: cent
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...attempt to anticipate rising costs closer to home, the three schools in the Medical Area jacked up their tuition for next year between 15 and 20 per cent. At the Medical School, where tuition went up 20 per cent, Mitchell L. Adams '66, dean for finance and business, says the power plant's rising costs had nothing to do with the unprecedented leap. Adams says 12 per cent of the rise simply matched the inflation rate, and the remaining 8 per cent will make up for the cutoff of federal capitation funds, part of Congress's recent budget-trimming...
With inflation rocketing along at close to 18 per cent, the state legislature this spring reaffirmed its commitment to a "cap" on spending that allows municipal property tax increases no greater than 4 per cent...
That leaves a gap of 14 per cent--a gap that seemingly can be filled but one way, by decreasing services. And that option is easier said than done in a city coping with public housing, poverty and crime...
...City Council overrode the 4-per-cent cap by a two-thirds vote when the only option seemed cutbacks too harsh to accept. That decision should allow the city to give its workers raises, but it will also mean a tax rate $30 to $50 higher than last year's, officials warn...
Some in the city blame Harvard and MIT for much of the housing squeeze, pointing to the universities' insatiable hunger for land and continuing expansion. Nearly 58 per cent of all property in the city is tax-exempt, and the tally grows larger every year, a report released by city officials a month ago shows...