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Category:
Community Colleges
Financial


Responsible Office:

Procedure Title:
Operating Budget for Community Colleges

Document Number:
7603

Effective Date:
August 24, 2006


This procedure item applies to:
Community Colleges

Table of Contents
Summary

Process
Forms
Related Procedures
Other Related Information
Authority
History
Appendices

Summary
This procedure provides guidelines for developing the 2006-2007 final operating budgets, tuition and fee schedules and operating aid quarterly claims for State University of New York (University) community colleges. The guidelines are in accordance with the proposed regulations and law for the 2006-2007 college fiscal year.

Process

This procedure provides guidelines for developing the 2006-2007 final operating budgets, tuition and fee schedules and operating aid quarterly claims for State University of New York (University) community colleges. The guidelines are in accordance with the proposed regulations and law for the 2006-2007 college fiscal year. State University approval of the community college regulations, final budgets and tuition and fee schedules will be requested at the September 26, 2006 meeting of the University Board of Trustees.

2006-07 State Budget Appropriations

The 2006-07 state budget of $419.829 million (state fiscal year) for Community Colleges, is appropriated as:

Contributed Shares to Total Budget

I. Student Share

II. Full Time Enrollment (FTE) and State Share

III. Local Share

IV. Other Programs

State University of New York Regulations provide for “up to 50%” state reimbursement for rental costs. The 2006-07 legislative budget includes a $7.166 million appropriation for rental aid reimbursement. This appropriation will again provide for the full 50% state reimbursement for the currently approved rental estimates for 2006-07. The approved rental costs for each college are pre-posted in the budget file.

The 2006-07 budget may include a legislative member item for your college. Expenditure plans, vouchers, and contracts, where appropriate, will be requested separately when we are notified of any such items.


Forms

Form A - Operating Budget Request


Related Procedures

There are no related procedures relevant to this procedure.


Other Related Information

There is no other information relevant to this procedure.


Authority

The following link to FindLaw's New York State Laws is provided for users' convenience; it is not the official site for the State of New York laws. 


NYS Education Law § 6304
(Financing of community colleges.)


In case of questions, readers are advised to refer to the New York State Legislature site for the menu of 
New York State Consolidated.


Community College Rules - College Operating Fund (8 NYCRR Part 602)


History

There is no history relevant to this procedure.


Appendices

Appendix A - Instructions: Budget Submission Tuition & Fee Schedule Claims for State Operating

Appendix B - Community College Guidelines for Financial Reporting and Budgeting