Word: deficit
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...Town Hall meeting hosted by the Undergraduate Council, FAS Dean Michael D. Smith responded noncommittally to a student’s suggestion that administrators take salary cuts in the spirit of shouldering the burden of deep cutbacks across the University. The Faculty will need to close a $220 million deficit over the next two years, Smith said, but the range of budget cuts announced last week only account for $77 million in savings...
...still have $143 million dollars to go,” Smith said. “Just cutting a few administrator salaries isn’t going to erase this deficit...
...savings are part of the budget cuts announced Monday by Dean of the Faculty Michael D. Smith designed to close the Faculty of Arts and Science’s projected $220 million budget deficit...
dollars to be used to offset the budget deficit, or hire back...
...million in cost-cutting measures announced on Monday represents only a third of the total $220 million annual deficit that FAS administrators hope to close by July 2011. FAS will embark on its next stage of reductions—dubbed “reshaping” by FAS Dean Michael D. Smith—in the coming months to make up the remaining $143 million...