Word: kaufmann
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They certainly had reason to be wary. The search committee was weighted heavily in favor of the graduate schools--three of its five members were associated with either the Law or Business Schools, and even its chairman, Robert E. Kaufmann '62, associate dean of the Faculty for finance and adminstration and presumably a representative of the College's interests, has stated the new director should be sensitive to the needs of "nontraditional constituencies" like faculty and graduate students. Moreover, graduate school alumni had reportedly contributed up to $3 million toward the construction of the University's new athletic complex...
There were a number of major changes this year, and "some worked for us and some worked against us," Kaufmann said...
This winter's cold weather temporarily threatened the balanced budget goal, but other cuts, as well as increased revenue and a "banner year" for the Harvard College Fund--which raised more than $6 million last year--compensated for higher energy costs, Kaufmann said...
Although the actual Faculty budget increases yearly, less money is expended now in real dollar terms than in the early '70s, Kaufmann said...
...Faculty ran a relatively insignificant deficit of $249,000. But two years earlier, there was $2 million worth of red ink. Kaufmann said that until he examines carefully all of last year's financial data, he cannot determine exactly which changes were significant...