M E M O R A N D U M


							September 20, 2011


To:	Members of the Board of Trustees 	

From:	Nancy L. Zimpher, Chancellor

Subject:  Community College Operating Budgets 2011-2012


Action Requested

	The proposed resolution approves the 2011-2012 operating budgets of the community colleges under the program of the State University.

Resolution

	I recommend that the Board of Trustees adopt the following resolution:

Whereas local community college boards and the local sponsors have previously approved these budgets; and

Whereas these budgets and the local approvals are in accordance with State law and the rules, regulations and administrative procedures of the University; and

Whereas in recognition of the value the community colleges provide to New York State; now, therefore, be it

Resolved that the operating budgets for the community colleges, for the 2011-2012 college fiscal year, be, and hereby are, approved as follows:


Community College
Total Operating Costs
State Operating Aid
Adirondack
$25,385,217
$6,318,736
Broome
48,475,236
11,384,249
Cayuga County
30,763,646
8,208,810
Clinton
15,262,856
3,659,597
Columbia-Greene
16,250,000
3,362,129
Corning
33,403,061
7,651,387
Dutchess
58,759,695
16,223,500
Erie
105,650,529
29,454,487
Fashion Institute
168,604,835
20,058,059
Finger Lakes
41,935,621
11,323,019
Fulton-Montgomery
18,013,243
4,964,917
Genesee
35,855,000
10,722,863
Herkimer County
23,100,621
6,651,249
Hudson Valley
96,081,460
22,775,482
Jamestown
33,160,602
8,459,224
Jefferson
23,686,192
5,653,263
Mohawk Valley
49,623,766
12,259,229
Monroe
123,780,000
36,157,706
Nassau
202,946,000
41,456,390
Niagara County
47,786,688
11,588,418
North Country
13,193,000
3,706,054
Onondaga
72,719,904
18,801,617
Orange County
59,308,136
11,050,543
Rockland
65,158,660
14,972,321
Schenectady County
26,256,842
8,404,691
Suffolk County
192,486,096
44,429,922
Sullivan County
15,856,200
3,142,564
Tompkins-Cortland
35,906,257
8,768,436
Ulster County
24,683,021
4,981,085
Westchester
113,252,936
29,359,401

Background

	This resolution approves the prior action of each community college and its respective local sponsor or sponsors in setting the annual operating budget for the 2011-2012 college fiscal year.

	All thirty community colleges in the State University have completed the local budget development and approval process in accordance with State Education Law, as well as the University’s regulations and administrative procedures related to allowable costs, allowable tuition rates, anticipated State operating aid, capital and operating chargeback rates, and required formats.  

	As detailed on the attached 2011-2012 Budget Summary tables for each community college and the community college system as a whole, budgeted net operating costs increased by 2% (or $33.9 million) from $1.683 billion to $1.717 billion.  On a per FTE basis, budgeted net operating costs increased by 1.8% (or $152) from $8,602 to $8,754.  

	The budgeted $152 increase in net cost per FTE student is a factor of a 4.8% decrease (or $109) per FTE student in State operating aid, a 6.2% increase (or $229) per FTE student in tuition revenue, and a 1.2% increase (or $32) per FTE student in local share.
 
      The average tuition rate is budgeted to increase by 5.2% (or $182) from $3,521 to $3,703.  These rate increases are submitted for Board of Trustees consideration in a separate resolution.

	Overall, in 2011-2012, budgeted State operating aid represents 24.8% of net operating costs; student tuition represents 44.9%; and the local share represents 30.3%.  In 2010-2011, budgeted State operating aid was 26.5% of net operating costs; student tuition was 43.0%; and the local share was 30.5%.
	
		
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