| 2004 Yellow Book | |||||
| Backward | Forward | Cover | Overview | Agency Summaries | Agency Details |
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CITY UNIVERSITY OF NEW YORK (Summary) View Details |
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Adjusted Appropriation 2003-04 |
Executive Request 2004-05 |
Change |
Percent Change |
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| AGENCY SUMMARY | |||||
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| General Fund | 733,192,000 | 744,397,000 | 11,205,000 | 1.5% | |
| Special Revenue-Other | 188,700,000 | 153,700,000 | (35,000,000) | -18.5% | |
| Capital Projects Fund | 55,000,000 | 1,115,000,000 | 1,060,000,000 | 1,927.3% | |
| Total for Agency: | 976,892,000 | 2,013,097,000 | 1,036,205,000 | 106.1% | |
| Total Contingency: | 1,125,684,000 | 1,212,199,000 | 86,515,000 | 7.7% | |
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| Total for AGENCY SUMMARY: | 2,102,576,000 | 3,225,296,000 | 1,122,720,000 | 53.4% | |
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| Budget Highlights |
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The City University of New York (CUNY) was established as a municipal college system in 1926. In 1961, the Legislature designated the municipal system as the City University of New York. There are nineteen campuses, including nine senior campuses, seven community colleges, one technical college, a graduate school, and an affiliated medical school. |
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The City University of New York is included in the Education, Labor and Family Assistance appropriation bill. |
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State Operations |
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In State Fiscal Year (SFY) 2004-05 the Executive recommends a total Senior College operating budget of $1,212,199,000. This reflects an increase of $36,500,000, or 7.7 percent above SFY 2003-04 levels. This includes General Fund support for CUNY Senior Colleges of $608,559,000 for the 2004-05 Academic Year. This represents an increase of $28,515,000 or 4.92 percent in General Fund support above the prior year level. |
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The Executive proposes a net increase to the CUNY Senior College Revenue Offset of $58,000,000. Of this increase, $8,000,000 is attributable to enrollment growth. The remaining increase of $50,000,000 reflects the shift of appropriation authority previously authorized through the City University Tuition Reimbursable Account (CUTRA). |
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The Executive Proposal also would reduce the funding level for the Search for Elevation Education and Knowledge (SEEK) Program by $730,000 or five percent from $14,606,000 to $13,876,000. In addition, the Executive would maintain funding for CUNY Senior Campus childcare programs at the SFY 2003-04 funding level of $1,230,000. |
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The Executive proposal includes a provision to utilize short- term borrowing to finance equipment costs that have historically been supported by General Fund revenues. Under this proposal, CUNY would be required to reimburse the General Fund for up to $20,000,000 in equipment cost deemed eligible for short-term financing based on expected useful life. In addition, the Executive proposal provides an appropriation of $1,907,000 to reflect the anticipated SFY 2004-05 debt service cost for such expanded use of short-term borrowing. |
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The Executive proposal requests Special Revenue Fund- Other appropriations of $153,700,000. This reflects a reduction of $35,000,000 from SFY 2003-04 levels. This reduction is due to the Executive request to shift appropriation authority previously authorized under the City University Tuition Reimbursable Account (CUTRA) in the Senior College Revenue Offset Account. The Executive proposal includes a $55,000,000 deficiency request for state operated colleges for SFY 2003-04. This deficiency would provide additional appropriation authority in the CUTRA to accommodate unanticipated enrollment growth at CUNY Senior Colleges in the 2003-04 Academic Year. |
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Aid To Localities |
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The Executive provides a total Aid to Localities appropriation of $744,397,000 for SFY 2004-05. This represents a net $11,205,000, or 1.5 percent increase above SFY 2003-04 levels. |
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In SFY 2004-05, the Executive provides $144,116,000 in General Fund support for CUNY Community Colleges, representing an increase of $16,904,000, or 13 percent above SFY 2003-04 appropriated levels. This level of funding supports an increase of $10,500,000 attributable to enrollment growth at CUNY Community Colleges for SFY 2004-05, and an additional $10,896,000 in appropriation authority to more accurately reflect required funding levels for CUNY Community Colleges. |
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In addition, the Executive proposes increasing rental aid for leased space to $3,471,000 in SFY 2004-05. This represents an increase of $2,846,000 from SFY 2003-04 resulting from the relocation of academic space for the Borough of Manhattan Community College due to the damage that was sustained at Fitterman Hall during the attack of September 11, 2001. There is a reduction of $7,300,000 in community college base aid resulting from a $115 per full time equivalent (FTE) student reduction, lowering State support from the level of $2,300 per FTE provided during SFY 2003-04 to $2,185 per FTE. In addition, the College Discovery Program is reduced by $38,000 from $764,000 to $726,000. |
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The Executive proposal maintains funding at the SFY 2003-04 level of $865,000 for childcare programs for students enrolled at CUNY Community Colleges. Support for contract courses provided at CUNY Community Colleges is maintained at the level of $1,000,000 for SFY 2004-05. |
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Finally, the Executive proposal increases support for CUNY Senior College pension payments by $1,800,000 from $3,000,000 to $4,800,000 due to revised actuarial estimates that require additional State support for CUNY fringe benefit costs. |
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The Executive proposal includes a deficiency request for community colleges of $2,258,000 for SFY 2003-04. This represents an adjustment for unanticipated enrollment growth during the 2003-04 academic year. |
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Capital Projects |
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The Executive proposes new Capital Projects appropriations of $1,115,000,000. This represents a proposal for a new multi- year capital investment program for CUNY and provides facility and infrastructure improvements for senior colleges. The proposal provides approximately $216,000,000 to support the first year of the multi-year capital plan. Within the multi-year plan, the Executive recommends: |
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In addition, authorization is included within the Governor’s proposed multi-year capital plan to allow CUNY to begin the planning efforts for the development of Governor’s Island and to allow for the creation of a new Science Research Center at City College. |
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Article VII |
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The Executive Proposal includes Article VII language that would exempt CUNY construction projects from the provisions of the Wicks Law. |
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