Budgets
FAS Deficit On the Road Toward Recovery
On the road toward recovery, the Faculty of Arts and Sciences has pared down its once-looming deficit to about $50 million, FAS Dean Michael D. Smith said yesterday. Setting a positive tone at the last Faculty meeting of the year, Smith announced that the budget deficit now stands between $50 to $55 million—a roughly $30 million reduction in the deficit since February.
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Member of the Harvard Student Labor Action Movement lead a group of 30 demonstrators advocating for better treatment of Harvard workers through the Yard yesterday.
FAS Prepares For Tough Cuts
Though Faculty of Arts and Sciences Dean Michael D. Smith has said that the administration will not implement sweeping staff reductions, some department administrators are nevertheless concerned that their constrained budgets will make personnel restructuring inevitable.
Housing Budget Cuts Continue
While administrators and tutors can speak at length about how the limited effects of the cuts, no one is certain as to when they will end—and given history and future plans, that end may not come anytime soon.
Tunes Lighten Faculty Meeting
At a faculty meeting yesterday, faculty members were perplexed at the absence of former President Lowell's bust, and amused when one professor's phone began to ring.
FAS Maps Budget For Departments
The Faculty of Arts and Sciences has prepared a road map for its departments and centers as they construct the budget for the upcoming fiscal year in the face of an $80 million deficit.
Though FAS Slims Down Budget, Work Lies Ahead
The Faculty of Arts and Sciences has reduced its deficit to $80 million, signifying a drop that FAS Dean Michael D. Smith credited at yesterday’s Faculty meeting to alumni donations, improvements in the international financial market, and last year’s cost-cutting measures.
TOP 10 NEWS STORIES OF 2009
From a fiscal nightmare to a campus shooting, 2009 had it all. See the stories, events and people that made the top headlines this past year.