City University of New Yorkskip breadcrumbs
Agency Web Site: http://www.cuny.edu/
The City University of New York (CUNY) has its origins in the Free Academy, established in 1847 under the auspices of the New York City Board of Education, and today is the nation’s largest urban public university system. The University’s mission is to provide affordable higher education with a focus on the urban community of New York City.
The Executive Budget recommends $4.15 billion All Funds ($2.26 billion in Fiduciary Funds that represent the City of New York paying Senior College costs in the first instance, $1.41 billion in General Fund support that represents both the State’s contribution to these costs and the operations of the CUNY Community Colleges, $175.4 million in authority to disburse self-generated revenue and $310.6 million in capital funding). General Fund growth is primarily related to fringe benefit cost increases and the net impact of community college enrollment.
The Executive Budget estimates a workforce of 13,643 consistent with 2013-14 levels.
The 2014-15 Executive Budget continues the State's commitment to provide stable and predictable funding levels for CUNY. The Executive Budget maintains General Fund operating support, provides additional tuition revenue authority according to a rational and predictable five year tuition plan, recognizes the increased cost of employee benefits and continues to provide eligible students with financial assistance in the form of a Tuition Assistance Program (TAP) credit.
Stable State support levels, predictable tuition increases and additional financial assistance for students will help CUNY campuses add more faculty, decrease class sizes, increase course offerings and improve graduation rates, while providing both access and affordability to students with limited income.
The Executive Budget continues support of CUNY's 7 community colleges, maintaining base operating aid support at $2,422 per full time equivalent (FTE) student while also providing additional performance based funding through the Next Generation NY Job Linkage Program, refocusing community college vocational programs to prepare students to succeed in today's high skill economy.
For more information on this agency's budget recommendations located in the Executive Budget Briefing Book, click on the following link:
|Aid To Localities||1,369,880,400||1,410,608,490||40,728,090||0|
|Institutional Support Services|
|Special Revenue Funds - Other||267||267||0|
Note: Most recent estimates as of 01/20/2014