The City University of New York
2002-2003 State Executive Budget
Recommendations
Preliminary Analysis
(Revised)
University Budget Office
Jaunuary 28, 2002
(subject to revision)
Senior College Highlights
- Overall FY2003 appropriation is $1.033 billion, same as the 2001-2002 level of $1.013 billion, adjusted by $20 million appropriation for DC37 collective bargaining agreement.
- Overall State aid recommendation of $618 million, same as the 2001 level, adjusted by $20 million increase in State aid for DC37 collective bargaining agreement.
- Tuition revenue target remains at the 2001 level of $383.2 million. No increase in tuition is recommended.
- City revenue offset for University Management and Associate degree program costs remains unchanged at $32.3 million.
- The City University Tuition Reimbursable Account (CUTRA), which permits revenue collections in excess of the University 's revenue target to be used in subsequent years, is reduced by $5 million, to $15 million.
- The Income Fund Reimbursable (IFR) account, which funds senior college continuing education and other self-supporting programs, remains unchanged at $60 million.
- The City University Stabilization Account, which provides for the rollover of unexpended funds from the current fiscal year, is increased to $5 million.
Community College Highlights
- State base aid support per FTE is maintained at $2,250
- Categorical programs -- Child Care, College Discovery, and contract courses remains unchanged at $2.4 million:
- Child Care -- $865,000
- College Discovery -- $574,000
- contract courses and workforce development -- $1,000,000
- Maintenance of Effort provision is extended through 2002-2003.
Capital Budget
- The Executive Budget recommendations support the fifth year of the previously approved five-year $1 billion plan. It provides a total of $160 million for FY 2002-2003 in major bonded projects and $6 million in minor rehabilitation projects.
- Recommends continued funding for new facilities at John Jay and Brooklyn Colleges, and for critical health & safety, facility preservation, and handicapped access projects throughout the University.
Early Retirement Incentive
- The Executive Budget will include proposed legislation establishing a Retirement Incentive Program.
Financial Aid Highlights
- The Executive Budget recommends funding of $481.4 million for the Tuition Assistance Program (TAP), a reduction of $155 million from 2001-2002 levels. The budget recommends a significant restructuring of the State 's Tuition Assistance Program:
- Overall level of TAP awards will remain the same as previously authorized. However, the award will now be provided in two components -- A "base" award equivalent to two-thirds of current award, and a "performance" award for the remaining one-third, payable to the student upon attainment of degree.
- Students would be expected to finance the performance award through Federal loan program. Students who have exhausted their Federal loan eligibility program will be eligible to obtain loans through a new "TAP Loan" program administered by the Higher Education Services Corporation (HESC).
- Upon completion of their degree programs, students will receive a performance award payment from HESC equal to the amount of their deferred TAP awards plus any accrued interest from Federal or State that may have been used to finance the performance award.
- Aid to Part-time Study (APTS) Program is funded at $14.6 million, the same level as 2001-2002.
- CUNY 's pilot part-time TAP program is continued.
- The budget includes $10 million to finance the World Trade Center Memorial Scholarship Program.
State Education Department
- CUNY/SUNY Summer Academies: Additional learning opportunities will be provided, on a pilot basis, to students needing assistance in meeting New York State standards for graduation. These academies will also serve as focal a point of a pilot program to provide summer professional development opportunities for teachers.
- Aid for Independent Colleges and Universities (Bundy Aid) is funded at $44.3 million, same as the 2001-2002 level.
- STEP/CSTEP is funded at $7.5 million, same as the 2001-2002 level.
- Liberty Partnerships are funded at $11.5 million, the same level as 2001-2002.
- The Budget recommends that the Higher Education Program Office and the Office of the Professions be consolidated into an Office of Higher Education and the Professions. Additionally, the budget discontinues general fund support ($1.2 million) for academic review of college and university programs, with accreditation to be provided through national or regional accrediting services or SED 's self-supporting Teacher Education Accreditation activities.
Dept. of Labor
- Department of Labor appropriation for CUNY of up $2.5 million for a training program related to Business Development efforts.
New York State Urban Development Corporation
- Centers of Excellence Program: This program will provide $250 million for Centers at SUNY Albany and Stonybrook, the University of Rochester, and a center to be designated in New York City, to build and equip laboratories to conduct research and product development and to support other high-technology job development efforts.
- Centers for Advanced Technology (CATs) are funded at $15 million, same as the 2001-2002 level.
The City University of New York
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