Word: deficit
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Department budget officers attributed the 1969 losses and the projected 1970 deficit to a decline in government reimbursements for University expenditures on grants and contracts. Government payments dropped from $63.9 million in 1968 to $63.7 million in 1969-the first recent fiscal year in which reimbursements did not increase at least 14 per cent...
...Faculty of Arts and Sciences incurred a deficit of $.7 million during fiscal 1969 while the University produced a surplus, according to the annual Financial Report to the Board of Overseers...
...Faculty deficit, the first since fiscal 1967, represents only 29 per cent of the losses originally anticipated by Dean Ford. It will be offset with funds from the departmental balance-an accumulation of previous surpluses. Ford declined to comment on the budget until Tuesday's Faculty meeting, when the complete Financial Report will be released...
...University surplus, $721,863, is the smallest in over live years. It was gained however, during a year when Harvard was expected to run a deficit...
...fiscal 1970, Corporation Treasurer George F. Bennett '33 has predicted a large deficit although "the Corporation has been tougher this year and depart-mercial budgets are tighter. Such a deficit would be the first in 15 years...