Word: deficits
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Dates: during 1970-1979
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...gargantuan $50 million overall Faculty budget, and you shouldn't expect it to help moderate next year's tuition increase. The $223,000 will disappear into the Faculty's Fund for Instruction, a $4 million account which has absorbed past surpluses and from which the Faculty covers any deficit it runs...
...than the size of the surplus is the simple fact that Rosovsky and his University Hall accounting team have balanced the budget again. From 1968 to 1977 the Faculty found its budget over-extended across new programs and expanded services begun in the prosperous '60s, and it ran a deficit in most of those years. The 1976-77 budget was the first to show a surplus in almost a decade...
...rallied from a 10-0 halftime deficit with ten third quarter points and held the Big Green scoreless the rest of the way. Jim Quinn paced the Wildcat offense with 89 yards on the ground, while Jeff DuFresne led Dartmouth with 107. The vaunted Kemp-Shula passing combination connected four times for 54 yards and one TD, but other than that the two teams showed precious little offense, as each punter kicked nine times...
...plan is intended to prove that Chrysler can be brought back to financial health and is thus eminently deserving of federal aid. The document outlines a five-year strategy. Although President Lee lacocca had said earlier that Chrysler's third-quarter deficit would be "at least double" the $207 million that it reported for the second quarter, bringing the cumulative red ink for the year to about $800 million, the report projected that the total 1979 loss would come to a truly scary $1.073 billion on revenues of $12.4 billion. The company expects to lose another $482 million next...
Kaufmann says the money will go into the Faculty's "fund for instruction," where all past surpluses have gone and which the Faculty uses to cover any deficit it might run "It is in a sense our bank account," Kaufmann says. In other words the Faculty is putting away its $223,000 for a rainy year...