Word: deficits
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...proposals for 15 percent cuts in their budgets in accordance with a December directive from Smith, the former cryptographic researcher emerged from the frenzy of the financial uncertainty as the “point person,” the man tasked with setting fiscal policies to close a gaping deficit. Sweet—who often flanks Smith in various meetings with FAS administrative deans—knows the numbers well enough to tell units how particular proposals for budget cuts will save, or perhaps even cost money...
...that the global financial calamity has influenced every component of University finances: endowments, private philanthropy, and gifts from cash-strapped foundations. While stimulus funds have temporarily swelled the budgets of federal science agencies, the long-term picture for government funding is hazy at best, and may fall victim to deficit-cutting two years from now. Within Harvard, the deans and central administrators have had the unenviable task of cutting budgets in order to match our expenses to our newly constrained resources. We have all spent many hours since October engaged in these painful exercises...
...menu of Gen Ed courses would not otherwise be varied enough to meet student demand next year, Kenen says. Meanwhile, as the Faculty shrinks—part of Faculty of Arts and Sciences Dean Michael D. Smith’s plan to close FAS’ remaining $143 million deficit by reducing “people costs”—the resulting personnel situation makes it less likely that professors will extend themselves, according to several faculty members. ENTRENCHMENTIn at least one case, the potential for creating new Gen Ed classes has been hindered by the restriction...
...wake of economic tumult that has left Harvard’s Faculty of Arts and Sciences with a projected $220 million budget deficit, a diverse slate of student jobs will be eliminated next year as part of larger cost-cutting measures, leaving undergraduates with more limited options for term-time employment...
...chair, and a house master. The first word that comes to mind is meetings. There have been countless hours of meetings, attended by the faithful on the faculty, the caucus of chairs, the house masters—all with charts and PowerPoint presentations demonstrating an unprecedented 220 million dollar deficit in fiscal year 2010, getting worse thereafter...