Highlights of 2002-2003 State Adopted
The budget adopted by the State Legislature
in May totaled $1.037 billion for the senior colleges, an
increase of $3.820 million over the Governors Executive
Budget. This raise represents an increase of $1.060 million
for new full-time faculty and $2.760 million to restore SEEK
funding to its 2000-2001 level.
The community colleges will have their base aid increased
by $2.7 million, reflecting a $50 per FTE increase. College
Discovery funding was also restored to its 2000-2001 level,
an increase of $190,000.
A proposed $155 million cut in the Tuition Assistance Program
was fully restored, bringing the total TAP funding to $481
million. A proposal to defer one-third of TAP payments until
the student receives a degree (which would have forced Federal
loan-financed tuition on students) was dropped in the adopted
The final budget also provides for child care funding of $1.440
million for all CUNY colleges to return to 2000-2001 levels.
This will come not from the Universitys budget but from
the States Office of Children and Family Services.
Among several initiatives intended to nurture economic development
were $225 million for Gen*NY*sis, a program to
foster research in the life sciences, and $600 million to
support the Empire Opportu-nity Fund, Centers for Excellence,
and other programs. CUNY officials are working with the office
of the Governor and legislative leaders on programs for University
and business collaborations. Two million dollars were also
provided for the James D. Watson Investigator program to encourage
research by recent doctoral graduates.
The 2002-2003 budget continues funding for the previously
approved $1 billion five-year capital plan, including $160
million in major bonded projects and $5 million in minor rehabilitation
projects. Funding continues for new facilities at John Jay
and Brooklyn Colleges, and CUNY-wide health and safety, preservation,
and handicapped access projects.