Statewide Financial System

skip breadcrumbs

Agency Web Site: http://www.sfs.ny.govLink to External Website

Mission

The Statewide Financial System Project is responsible for developing and maintaining the single statewide financial system for use by all State agencies.

Budget Highlights

The SFS system was rolled out for general use in April 2012 and the development of additional functionality is ongoing.

SFS was previously funded through a Special Revenue Other Account that received quarterly transfers from the General Fund. To promote fiscal transparency, SFS will be appropriated directly in the General Fund. The recommended budget of $29.7 million supports the ongoing maintenance and operating costs for the system, and is a decrease of $25.7 million to State Operating Funds from Fiscal Year 2013-14. This decrease is due in large part to a $21.8 million annual debt service payment that will be transferred directly to the debt service payment account.

The Executive Budget recommends a workforce of 139 FTEs, reflecting the operational status of the project. This total has remained flat from the previous fiscal year, with the only change being that all FTEs will funded out of the General Fund in FY 2014-15.

ALL FUNDS
APPROPRIATIONS
(dollars)
Category Available
2013-14
Appropriations
Recommended
2014-15
Change From
2013-14
Reappropriations
Recommended
2014-15
State Operations 55,400,000 29,700,000 (25,700,000) 0
Total 55,400,000 29,700,000 (25,700,000) 0

ALL FUND TYPES
PROJECTED LEVELS OF EMPLOYMENT BY PROGRAM
FILLED ANNUAL SALARIED POSITIONS
Program 2013-14
Estimated FTEs
03/31/14
2014-15
Estimated FTEs
03/31/15
FTE Change
Statewide Financial System Program
General Fund 5 139 134
Special Revenue Funds - Other 134 0 (134)
Total 139 139 0

Note: Most recent estimates as of 01/20/2014

Click for additional detailed appropriation tables

^ Top