At its regular monthly meeting tonight (July 23), the Cayuga County Legislature approved the College’s 2013-14 budget, which includes a 3.5 percent, or approximately $140 a year, increase in tuition. The 2013-14 annual tuition will be $4,090 for full-time students, and the part-time rate will be $165 per credit.
The $30.32 million budget represents a 6.3 percent decrease over last year’s $32.36 million budget, and is based on an enrollment goal of 2,900 full-time equivalents (FTE), which represents an approximately 7.5 percent decrease in the actual FTE number of 3,137 in 2012-13. It maintains the county’s direct contribution at $2.9 million.
“The College and the Board of Trustees invested a lot of time and thought in the development of this fiscally conservative budget,” said College President Daniel P. Larson. “We’re pleased that the Legislature supported the budget, and we expect that this budget will enable the College to restore a sound financial footing.”
In creating this year’s budget, College leaders asked budget managers to work from a zero-based budgeting model, requiring justification and approval of every expenditure and making no assumptions of a baseline budget based on previous years’ expenditures.
SUNY community colleges were created on the model of one-third funding each from New York State, the local sponsor, and students. Last year, the state restored $150 per full-time equivalent (FTE) in funding, increasing the rate from $2,122 to $2,272 per FTE. This year, SUNY requested $37.3 million for a base aid increase of $260 per FTE in support of SUNY’s Five-Year Plan to return State funding to one third of applicable Community College operating costs. In its 2013-14 enacted budget, the state restored an additional $150 per FTE for a total of $2,422 per FTE.
In April, the board approved slight increases to several student fees, which are as follows:
· Fitness Center Fee $15 per course
· Nursing Fee $20 per credit hour
· Records Fee (12 or more credit hours) $10 per semester
· Records Fee (1-11 credit hours) $4 per semester
· Science lab fee $25 per course with an accompanying lab
· Technology Fee (over 19 credit hours) $100 per semester
· Technology Fee (12-19 credit hours) $90 per semester
· Technology Fee (1-11 credit hours) $9 per credit hour
· SUNY Learning Network Fee $10 per credit hour
The budget will now be sent on to the State University of New York.