Bmcc budget basics
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BMCC - BUDGET BASICS. CUNY Flow of Funds. NYS 50.7%. NYC 10.2%. Tuition & Fees 32.8%. Other 6.3%. CUNY Univ. Budget Office. Paid by CUNY Central. BMCC. Paid By BMCC. Revenue Sources.

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BMCC - BUDGET BASICS

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Bmcc budget basics

BMCC - BUDGET BASICS


Cuny flow of funds

CUNY Flow of Funds

NYS

50.7%

NYC

10.2%

Tuition & Fees

32.8%

Other

6.3%

CUNY

Univ. Budget Office

Paid by

CUNY

Central

BMCC

Paid By BMCC


Revenue sources

Revenue Sources

New York State funding is based on enrollment. NYS per student FTE funding was $2,675 in 2009, it dropped to $2,122 in 2012, and was increased to $2,272 for 2013. In 2014 CUNY is seeking $2,532 per FTE.

The NYC funding for community colleges is determined by NYC legislature.

In FY10-11, as part of Compact (see details below), CUNY Board of Trustees approved a tuition increase of $300 per FTE per year for the next 5 years.

Expenses paid by the University centrally are fuel, utilities and fringe benefit expenses.

Other revenues are funds provided by BMCC Auxiliary Enterprises Corporation (commissions from the bookstore, cafeteria and space rental revenue) as well as philanthropy contributions raised by BMCC Foundation.


Bmcc enrollment trends

BMCC Enrollment Trends

CUNY Office of Institutional Research


Bmcc revenue sources fy 2010 2012

BMCC Revenue SourcesFY 2010-2012


Operating expenses borough of manhattan community college fy s 2010 2012 in thousands

Operating Expenses Borough of Manhattan Community College FY’s 2010-2012 (in thousands)

Source: IPEDS Data Center Part C http://nces.ed.gov/ipeds/datacenter/Facsimile.aspx?unitid=acb4abb0adac


Growth in major categories of bmcc operating expenditures 2008 2012 000 s

Growth in Major Categories of BMCC Operating Expenditures, 2008-2012 ($000’s)


Bmcc budget basics

Special allocations

ASAP

Black Male Initiative

Child Care-City

City Council Member Items - CCC

Collaborative Incentive Research Grant

College Discovery

College NOW

CUE

CUNY Leads

CUNY Start Program

CUNY CAP

Faculty Development

Language Immersion Program

Fin Aid Matching Fund

Mental Health Initiative

Pathways Implementation

Students with Disabilities


Technology fee expenditures

Technology Fee Expenditures

Hardware

Software

Licenses

Maintenance Agreements

Professional Services

Personnel


Cuny compact

CUNY Compact

Maintenance of effort - N.Y. State’s commitment to maintain funding at the prior year level.

Modest but regular tuition increases – $300 annually through 2015.

More philanthropic contributions - BMCC’s Foundation raised $1.3 million in FY 2012, through its annual gala and outreach to alumni, corporations, and foundations.

More efficient operations – In FY 2012 BMCC had a target of $513,695 in cost reductions, which it surpassed by over $100,000. Examples of efficiencies realized by BMCC include savings from switching operating systems from Novell to Microsoft Technologies ($75,000); negotiating new janitorial contract ($140,000) and moving more printing in-house ($75,000).


The budget process

The Budget Process

  • August - BMCC receives its initial allocation from CUNY

  • The Budget Office allocates to each department based on prior year expenditures

    • Basic Tax Levy, Compact, and Tech Fees

    • Academic Affairs, Student Affairs, Building and Grounds, Security, Computing

    • Departments submit their requests and the Budget Office prepares a draft financial plan (Early September)

      • Ex. Academic Affairs notifies Dept. Chairs in early February to submit budget requests by end of March

      • BMCC Provost approves and requests go to BMCC Budget Office

      • Academic Dept. budgets vary ($5,000 to $200,000) based on # of students, discipline etc.

      • Items are instructional related (office, lab, art supplies, departmental memberships)

  • BMCC’s draft financial plan is presented for review and approval to the college Cabinet and then to the University Budget Office.

  •  Throughout the year, expenditures are submitted and monitored by Budget Office. All expenditures must be submitted by Mid-March with the exception of travel and supplies which have until June 30th


Controllable operating expenses borough of manhattan community college fy s 2010 2012

Controllable Operating Expenses Borough of Manhattan Community College FY’s 2010-2012

City University of New York Financial Report


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