Word: offsets
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Dates: during 1980-1989
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...Corporation has asked the Fogg Museum of Art to create a special $3 million contingency fund to offset any operation and maintenance deficits the museum's new building may incur, and authorized the sale of some art for this fund, a University spokesman said yesterday...
What I have proposed is a comprehensive reform of our tax policy, a reform that makes the first move since 1932 toward progressivity in our tax structure, and, at the same time, provides the increased revenues needed to offset the effects of Proposition 2 1/2 and the Reagan budget cuts...
...occurrence of these partially offsetting situations--capital growth rates substantially lower than inflation but current income at a high level--has caused the University to refine the policy governing the rate at which endowment income distribution is increased. The annual rate of increase in distribution has been lowered from 4.0% to 3.0% and sufficient undistributed income is being capitalized each year to provide an additional growth factor of 1.0% through an addition to capital. These two actions maintain the planned rate of growth and offset, at least partially, the fact that capital value have not grown at rates equal...
...other areas, Zhao announced that China will soon take bids from foreign companies for drilling in the country's promising offshore oilfields. He also confirmed that China will try to keep its domestic oil production above 100 million tons annually, to offset increased demand...
...center found that 42 per cent of 943 colleges and universities surveyed had experienced enrollment drops of 15 per cent or more since 1980, but that large enrollment gains at two-year community and junior colleges offset the trend...