Word: fas
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While each House has dealt with the increased financial limitations in a different way, no House has been immune to the budget cuts, which FAS Dean Michael D. Smith announced last...
Blackbourn also emphasized his concerns that donors—on whom centers rely heavily—might be unwilling to contribute if they believe their funds will be used for FAS priorities rather than those of the particular center...
Responding to each of the five center-affiliated professors who voiced concerns, Smith confirmed that the “first-dollar principle” will not enable FAS administrators to use center restricted funds outside the precepts laid out by the donor...
University President Drew G. Faust supported Smith in his defense of the new FAS policy, asking centers to participate in what she said was a new phase of the school’s response to the budget crisis that has left FAS with an $80 million deficit—down from $220 last academic year...
...meeting moved into the question-and-answer phase, a series of irate professors stepped up to the microphone to contest Smith’s newest budgeting strategy—“first-dollar principle”—as it applies to various FAS centers. Professors said they were worried that the new strategy puts too much budgeting power in the hands of administrators...