Word: budgetã
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...operating budget??s approximately $444 million available for allocation, roughly $134 million has been set aside for Cambridge’s schools in fiscal year 2010, a slight increase over last year’s expenditure on school operating costs...
Mayor E. Denise Simmons defended the school committee’s effort to improve the budget??s readability...
...before us,” she said. “I cannot say that more emphatically. It has a budget impact that will not bode well.” Claire B. Spinner, chief financial officer for Cambridge Public Schools, said that there would be no way to increase the budget??s bottom line to accommodate expenses that had not already been accounted for. “In order for them to return the funding to those two community partners, we were going to have to go back and cut some line item,” she said...
...develop a viable plan, she said. Almost all of the principles of Cambridge’s 12 elementary schools were in attendance at the meeting, in addition to the principal of the system’s only high school, Cambridge Rindge and Latin. Nearly three-quarters of the budget??74.5 percent—is allocated to expenditures in schools, roughly the same proportion as last year. The budget would preserve small elementary class size and keep the student teacher ratio at about 18:1. Three new kindergarten classrooms were also included in the budget, as projected kindergarten enrollment...
...Another pillar of the budget??s fiscal reforms proposes to eliminate federal subsidies to farmers with sales revenues in excess of $500,000 per year and cap total individual subsidies for farmers at $250,000. Combined with other agricultural subsidy cuts, this would reduce farm subsidy expenditures by about $2 billion annually. This potential savings would be a boon for taxpayers. Furthermore, the inefficient subsidies currently create a price floor—a minimum price above market equilibrium—which artificially inflates prices, hurting American consumers...