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In an interview with The Crimson after the meeting, Smith said that FAS achieved its recent reduction of about $30 million with the help of restricted funds.
Over ten professors were honored with teaching and mentoring awards—including the John H. Marquand Award for Exceptional Advising and Counseling, the Roslyn Abramson Award, the Joseph R. Levenson Memorial Teaching Prize, and the Everett Mendelsohn Excellence in Mentoring Award.
However, mail volume is decreasing and will continue to do so for the foreseeable future. Although privatization is not the remedy to this problem, it is appropriate for the USPS to scale back rather than to build up debt with unnecessary services and then to need to make massive cuts...
The University has been able to delve into underwater funds—accounts with spending restrictions that have fallen below their original amounts—through a recent lift on a Mass. policy that prohibits institutions from dipping into such funds.
In accordance with the dean’s “first-dollar principle,” the school has redoubled its efforts to spend these restricted funds on core expenditures, before spending money that can be allocated more freely.