Word: budgeting
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Municipal property taxes will be going up in Cambridge, mostly to offset increased costs for employing city workers, Cambridge City Manager Robert W. Healy told local officials at yesterday’s hearing on the city’s budget for fiscal year 2009, which begins July 1. The budget includes provisions for new full-time police officers and a transitional jobs program. “I think there are some major miracles in this budget,” said Cambridge City Councillor Kenneth E. Reeves ’72. “I think that the City of Cambridge...
...Massachusetts House of Representatives considered an amendment to the budget Monday that would impose a 2.5 percent tax on universities with endowments of over $1 billion, a proposal that would impact schools like Harvard and MIT, both of which have endowments of at least $10 billion...
...compared FEMA’s inefficient Katrina response to the precision of private shipping firms like UPS and FedEx. He said, “U.P.S., FedEx and Wal-Mart can tell in real time where a package is anywhere in the world, but FEMA, despite its multibillion-dollar budget, couldn’t track many of its assets during its Katrina response…” Similarly, when Congress gathered to assess the costs of Katrina in October 2005, McCain was quick to cut budget spending to accommodate the billions of dollars required for emergency relief efforts...
...people do film.” But he cites the funding he has received from Harvard as the best in America. “You can take these risks,” he says. “I’ve never had to worry about a budget. I’ve never had to worry about fucking up the whole thing and throwing the whole thing away.” The results of that experimentation have lead to his interest in painting industrial landscapes and tools. “I’m Irish,” Powers says...
...project has been a vast collaboration, completed on a very tight budget. Since it began in 2001, more than 150 students have participated. Necessity has sometimes forced them to come up with innovative solutions: For example, the team decided that instead of using a bell housing (which contains the car's clutch) made of expensive magnesium, students designed and built a lightweight substitute made of cheap, sturdy iron. Hayashi won't disclose the car's total development costs, but he says it will cost some $785,000 just to compete at Le Mans. Funds have come from Tokai University, sponsors...