Budgets
Healey, State Leadership Criticize Trump’s Latest Cuts to Public Health Funding
The Healey-Driscoll Administration condemned President Trump’s Wednesday termination of more than $12 billion in public health grants, following funding cuts at the Harvard School of Public Health.
Cambridge Residents Vote to Allocate $1 Million to City Improvement Projects
The City of Cambridge allocated over $1 million to seven city improvement projects in its annual Participatory Budgeting process Friday. Winning projects, nearly all of which each earned more than 3,000 votes from Cambridge residents, included improved seating and shade in public parks, a mobile recycling center, electric vehicle chargers, and more.
Khurana Says Harvard is Preparing for Possible Federal Funding Cuts
Following the Trump administration’s decision to cut $400 million in government grants to Columbia University, Harvard College Dean Rakesh Khurana said top administrators are planning for the possibility that Harvard may be next.
As Trump Slashes Federal Grants, the Harvard School of Public Health Has the Most To Lose
As President Donald Trump escalates his attacks on universities’ access to federal research funding, the Harvard School of Public Health has felt the pain especially acutely.
Trump’s Dismantling of Ed Department Will Have ‘Functionally Zero’ Impact on CPS, District Officials Say
President Donald Trump signed an executive order on Thursday calling to dismantle the Department of Education — a change that will have “minimal” impact on Cambridge Public Schools, according to district officials.
Faculty of Arts and Sciences Will Keep Budget Flat, Stop Staff Hiring for Fiscal Year 2026
The Faculty of Arts and Sciences will aim to keep spending flat for fiscal year 2026 amid threats from the Trump administration and long-term financial concerns, according to budget guidance shared by FAS financial officers in early February.
Hoekstra Tells FAS To ‘Prepare for Significant Financial Challenges’ Amid Uncertainty From Washington
Faculty of Arts and Sciences Dean Hopi E. Hoekstra told faculty on Tuesday that she has instructed FAS officials “to prepare for significant financial challenges” and “build financial capacity” as President Donald Trump ramps up threats to Harvard’s funding.
CPS Expects $12 Million Budget Increase in Fiscal Year 2026, Driven by Staff Compensation
Cambridge Public Schools is set to increase its staff salaries and benefits expenditure by $10 million, according to a presentation on the 2026 fiscal year budget at a Jan. 7 School Committee meeting.
City Manager Huang Urges ‘Moderation of Growth’ to Address Budget Crunch
Cambridge City Manager Yi-An Huang ’05 offered a playbook for addressing the city’s unsustainable budget growth in a Friday interview with The Crimson, suggesting that the city may further raise property taxes and pare back certain city services in fiscal year 2026.
Cambridge DSA, Sobrinho-Wheeler Demand Harvard Cough Up $100 Million in PILOT Payments
In the 2023 fiscal year, Harvard paid the City of Cambridge $4.3 million in lieu of property taxes. Some activists — including a sitting city councilor — are demanding the University cough up $96 million more.
Growing Cambridge Budget Spooks City Leaders
Cambridge pursued ambitious spending programs using an ample flow of federal relief funds and property taxes for several years. But as revenue streams dry up, the city is going to have to take a hard look at its priorities.
Cambridge City Council Examines Capital Spending as Cambridge Fire Department Renovations Top $77 Million
The Cambridge City Council asked City Manager Yi-An Huang ’05 to provide an updated cost estimate for capital projects after the renovation of the Fire Station Headquarters reached a total cost of $77 million.
City Council Approves Nearly $1 Billion City Budget, but Cautions Against Further Growth
The Cambridge City Council unanimously passed a nearly $1 billion operating budget and $74 million capital budget for the 2025 fiscal year without major modifications during a meeting Monday evening.
Cambridge City Manager Unveils Nearly $1 Billion 2025 Operating City Budget Proposal
City Manager Yi-An Huang ’05 presented the city’s nearly $1 billion operating budget for fiscal year 2025, along with $36 million in loan order requests and an approximately $74 million capital budget.
Boston City Councilor Breadon Slams Proposed Capital Project Budget for Allston-Brighton
Boston City Councilor Elizabeth A. Breadon slammed the city’s fiscal year 2025 capital budget allocations for Allston-Brighton in an interview Thursday.
