Word: surplus
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...school-committee member has been exemplary. She has developed a sophisticated understanding of the district’s finances and has pushed for cutting central administration spending and redirecting it to classrooms. Early in her tenure, she sponsored a proposal to reclassify the district’s surplus money as discretionary funds for principals—an effort to see the dollars spent in the schools—but it received only the votes of Nolan and committee member Luc D. Schuster, who is not seeking reelection. Her intimacy with the data has also allowed her to discover worrying information...
...addition to the one-time injections of cash in the last fiscal year, FAS achieved a small unrestricted surplus from various savings measures—allowing FAS to grow its reserves by $58.6 million...
...move that brought clarity to why administrators have tamed fiscal messages after months of stressing the Faculty of Arts and Sciences’ impending financial deficit, FAS Dean Michael D. Smith delivered the news Friday that the school had posted a $58.6 million surplus in its unrestricted funds for the fiscal year that closed in June...
...National School Lunch Program, intended to prevent the return of Depression-era child malnourishment, allowed the government to buy surplus food from farmers and set minimum nutritional values for each meal. Its budget grew under Eisenhower and Nixon, but the Reagan Administration slashed it by nearly $1.5 billion - making up for the cuts by revising nutritional guidelines, reducing portion sizes and (infamously) attempting to categorize ketchup as a vegetable. (See nine kid foods to avoid...
Like Harvard, Princeton has implemented salary freezes, halted capital projects, slowed faculty recruitment, and offered a voluntary retirement incentive program for hundreds of staff—initiatives that, along with other budget cutting measures, yielded an $11 million budget surplus last year that will be used to alleviate this year’s cost-cutting...