Word: surpluses
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Although Healy's budget figures reinforce the stable financial image of Cambridge--which had a surplus of more than $11 million last year--the city manager was criticized by some residents yesterday for his lack of fiscal conservatism...
...city council at last night's meeting passed, 8-0, the allotment of the surplus funds. Mayor Kenneth E. Reeves '72 was attending a school management conference in San Francisco and was not present...
Designation of surplus cash funds for long-term capital improvement is common among hospitals, according to O'Brien...
...like most businesses," O'Brien said after the meeting. "[A surplus] lets you take cash reserves you have and designate them for purposes of capital improvement," he said...
...hospital is also using $3.1 million from its surplus in fiscal 1993 towards other capital improvements. These include financing for the hospital's senior center, medical equipment, renovation of its physical plant and new computer purchases...