BUDGET OFFICE

PRIOR YEARS

2011-12 Budget Status

The current fiscal year commenced July 1, 2011 and will conclude June 30, 2012. Total budget for the State Purpose Fund, alternately called the Core Instructional Budget, is $85,146,200 and is comprised:

Projected Tuition and Other Revenue $61,237,800
Projected State and Other Support $23,908,400
Total 2011-12 Budget $85,146,200


Departmental budgets supported from state-appropriated funds are allocated at the beginning of the year and presume that all projected revenue and support will be collected during the year. In the event that circumstances change which affect the collection of revenue and state support for the financial plan, institutional reviews occur which may revise budgetary allocations for programs, contingent on institutional priorities.

Initial plans for this year's budget have been outlined in the 2011-12 Financial Management Strategy document submitted to SUNY System Administration.

2011-12 Residence Halls Budget

The operating budget for the Dormitory Income Fund Reimbursable (Residence Halls), effective July 1, 2011 to June 30, 2012, is $13,255,200. This fund operates on the concept of self-sufficiency; all costs associated with operating the Residence Halls are covered by payments made by the students who reside in the halls.

University-wide Programs

Additional program support is allocated separately by SUNY for those campus programs identified as University-wide programs