BMCC - BUDGET BASICS

1. BMCC - BUDGET BASICS

2. 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

3. 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.

4. BMCC Enrollment Trends CUNY Office of Institutional Research

5. BMCC Revenue SourcesFY 2010-2012

6. 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

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

8. 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

9. Technology Fee Expenditures Hardware Software Licenses Maintenance Agreements Professional Services Personnel

10. 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).

13. 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

14. Controllable Operating Expenses Borough of Manhattan Community College FY’s 2010-2012 City University of New York Financial Report