Word: lightness
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...Congress and the public to this deteriorating outlook described by the authors of the budget document is muted. There was a hint of foreboding in the statement made by the Administration's budget director in the remark, "The change in the deficit estimates reflects upward technical revisions in light of new information regarding the collection of receipts, financial stabilization efforts, and other federal programs." The part about "new" information implies that current estimates may be superseded by future updates...
...light of the dramatically altered financial landscape, FAS has scaled back its capital ambitions to match the new economic reality. Relative to the capital aspirations from one year ago, FAS has reduced the capital plan for the next two years by more than 50 percent. Only projects that are cash-funded or critical to the maintenance of the FAS’s primary mission – such as essential life-safety upgrades and expenditures associated with faculty recruitment – will be funded in the near term. That said, FAS will continue to reinvest in its nearly...
...support of the University’s commitment to reducing greenhouse gas emissions, FAS continues to pursue a variety of money-saving energy conservation strategies: temperature set-point changes, motion-sensing light switches, light bulb change-outs, and solar panel installations, among others. By lowering the winter heating set-point to 68° and raising the summer cooling set-point to 75°, the FAS will reduce its multimillion-dollar heating and cooling budget by an estimated 3 percent annually. This change has the added benefit of reducing annual greenhouse gas emissions by 1,200 metric tons of carbon dioxide...
Since the bequest of John Harvard in 1636, the FAS has been continually renewed by gifts from alumni and friends. In light of the current needs of the FAS, the Development Office has redoubled its energies in raising current-use unrestricted and financial aid funds for the Dean without adversely impacting gifts to the endowment. This will be reflected in Harvard College Fund messaging and overall fundraising approaches, and will require that the FAS speak with “one voice” about the importance of flexible gifts to the Dean. The FAS Development Office asks that all fundraising...
...placing requests for new and replacement staff under greater scrutiny than ever before. Requests for replacement and new staff positions, as well as reclassification requests, must be justified from both mission and business perspectives. In light of the continuing economic challenge, this is the most prudent path toward conserving our precious resources and preserving employment for our existing staff base to support our mission and pursue our academic priorities...