Budgets
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.
Cambridge Police Department Commits to Adopting Body Cameras in FY25
Cambridge Police Commissioner Christine A. Elow committed to implementing body cameras across the department within the 2025 fiscal year during a Cambridge City Council Finance Committee hearing Tuesday.
Cambridge Allocates $2 Million to 8 City Improvement Projects in Annual Participatory Budgeting
The City of Cambridge announced eight winners of its 10th annual Participatory Budgeting process on Thursday, reporting record-high voter turnout thanks to a new initiative that brought PB into schools.
Graduate Student Council Budget ‘Completely Spent,’ Unable to Meet Student Needs
The Harvard Graduate School of Arts and Sciences Student Council budget for the 2023-2024 academic year is completely spent, per a budget report released last week.
Rising School Budget Sparks Worries Among Cambridge City Councilors
Rising Cambridge Public Schools budgets sparked worries among some City Councilors and School Committee members during a joint roundtable discussion Monday.
Cambridge City Manager Unveils $882 Million Fiscal Year 2024 Budget Proposal
The Cambridge City Council discussed the fiscal year 2024 budget and a policy order requesting a zoning petition at a meeting Monday.
Cambridge School Committee Adopts Revised FY 2024 Budget Following Parent Input
The Cambridge Public School Committee voted unanimously on Tuesday to adopt a revised fiscal year 2024 budget, while will add additional funding for education paraprofessionals, scaled-up learning time programs, and school improvement budgets at various campuses across the district.
FAS Dean Gay Says She Feels ‘Encouraged’ for the Future of Race-Conscious Admissions After SCOTUS Hearings
After Monday’s Supreme Court hearings for the pair of anti-affirmative action lawsuits, Harvard’s Faculty of Arts and Sciences Dean Claudine Gay said she “felt encouraged” that the case for race-conscious admissions “was laid out in a really compelling way” in an interview Wednesday.
Cambridge Forges Ahead with Participatory Budgeting Despite Pandemic
Despite pandemic-related limitations, Cambridge will proceed with its annual round of participatory budgeting, City Manager Louis A. DePasquale said in a press release last week.
Athletics Halts Capital Projects, Considers Further Budget Cuts
In the face of a financial crisis, Harvard Athletics has deferred all capital projects and is considering other cost-cutting moves.