Word: fiscality
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Menino, who ran on the slogan “moving Boston forward,” pledged to make the city safer and greener, uphold its diversity, ensure access to quality education for all, maintain fiscal stability, reduce homelessness, and invest in job creation...
...tell, those efforts seem to be working well: Although Harvard’s fundraising in general fell by eight percent in the last fiscal year, unrestricted gifts rose by 38 percent...
With drastic budget cuts across its many schools and an endowment that dropped roughly 30 percent in the last fiscal year alone, the university, in tightening its belt, has also given careful consideration to the ways in which it can continue providing its essential programs and services in such a bleak economic environment. And one of Harvard’s better ideas in protecting both its financial health and efficiency has been to emphasize flexible funding and unrestricted donations in the development office...
...Cruise a shrewd business move? Saying no publicly is unlikely to be a shrewd business move. Competitors exploit that. But an alternative is quietly saying no and making sure to let your competitors know you are saying no so they can pile onto the policy of fiscal discipline. There are lots of other things you can give talent besides money. For years Goldman Sachs convinced people that their highest value was their connection to Goldman Sachs. And people hardly ever left the firm...
...city’s fiscal responsibility is another issue of concern to candidates. Cambridge’s city budget grew by 2 percent this fiscal year from the year before—a growth, according to City Manager Healy, that in part alleviates the $9.7 million reduction in state aid to the city...