Word: fiscal
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...wrote that salaries for faculty and non-union staff will remain flat for the next fiscal year, facilities renewal projects may be slowed, and travel and events budgets will be reduced...
Harvard’s endowment lost an estimated 22 percent in the 4-month period ending Oct. 31, 2008, and University officials are anticipating a 30 percent drop by the end of this fiscal year...
...relied on the endowment for 71 percent of its operating budget, according to Harvard’s annual report for the last fiscal year...
Graham said that the school aims to reduce its budget for the next fiscal year by 4 to 8 percent, and will appoint only those visiting and adjunct positions “absolutely necessary to cover gaps in the curriculum...
Graham wrote that HDS will maintain the level of financial aid currently offered to students, though it will be unable to meet its previous goal of providing total financial coverage for all students with demonstrated need by the 2010 fiscal year...