Budgets


Utilities May Charge Public to Offer Discounts for Big Tech, HLS Report Finds

Members of the public pay a portion of energy bills for the world’s largest tech players as electric utility companies aim to subsidize the rapid growth of data centers from corporations including Meta and Amazon. The findings were reported by the Harvard Law School’s Electricity Law Initiative last month.


Cambridge Residents Vote to Allocate $1 Million to City Improvement Projects

The City of Cambridge allocated over $1 million to seven city improvement projects in its annual Participatory Budgeting process Friday. Winning projects, nearly all of which each earned more than 3,000 votes from Cambridge residents, included improved seating and shade in public parks, a mobile recycling center, electric vehicle chargers, and more.


Khurana Says Harvard is Preparing for Possible Federal Funding Cuts

Following the Trump administration’s decision to cut $400 million in government grants to Columbia University, Harvard College Dean Rakesh Khurana said top administrators are planning for the possibility that Harvard may be next.


Faculty of Arts and Sciences Will Keep Budget Flat, Stop Staff Hiring for Fiscal Year 2026

The Faculty of Arts and Sciences will aim to keep spending flat for fiscal year 2026 amid threats from the Trump administration and long-term financial concerns, according to budget guidance shared by FAS financial officers in early February.


Hoekstra Tells FAS To ‘Prepare for Significant Financial Challenges’ Amid Uncertainty From Washington

Faculty of Arts and Sciences Dean Hopi E. Hoekstra told faculty on Tuesday that she has instructed FAS officials “to prepare for significant financial challenges” and “build financial capacity” as President Donald Trump ramps up threats to Harvard’s funding.


CPS Expects $12 Million Budget Increase in Fiscal Year 2026, Driven by Staff Compensation

Cambridge Public Schools is set to increase its staff salaries and benefits expenditure by $10 million, according to a presentation on the 2026 fiscal year budget at a Jan. 7 School Committee meeting.


City Manager Huang Urges ‘Moderation of Growth’ to Address Budget Crunch

Cambridge City Manager Yi-An Huang ’05 offered a playbook for addressing the city’s unsustainable budget growth in a Friday interview with The Crimson, suggesting that the city may further raise property taxes and pare back certain city services in fiscal year 2026.


Growing Cambridge Budget Spooks City Leaders

Cambridge pursued ambitious spending programs using an ample flow of federal relief funds and property taxes for several years. But as revenue streams dry up, the city is going to have to take a hard look at its priorities.


Cambridge Allocates $2 Million to 8 City Improvement Projects in Annual Participatory Budgeting

The City of Cambridge announced eight winners of its 10th annual Participatory Budgeting process on Thursday, reporting record-high voter turnout thanks to a new initiative that brought PB into schools.


Cambridge School Committee Adopts Revised FY 2024 Budget Following Parent Input

The Cambridge Public School Committee voted unanimously on Tuesday to adopt a revised fiscal year 2024 budget, while will add additional funding for education paraprofessionals, scaled-up learning time programs, and school improvement budgets at various campuses across the district.


FAS Dean Gay Says She Feels ‘Encouraged’ for the Future of Race-Conscious Admissions After SCOTUS Hearings

After Monday’s Supreme Court hearings for the pair of anti-affirmative action lawsuits, Harvard’s Faculty of Arts and Sciences Dean Claudine Gay said she “felt encouraged” that the case for race-conscious admissions “was laid out in a really compelling way” in an interview Wednesday.


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