Science, Technology and Innovation, NYS Foundation for
skip breadcrumbs| All amounts are in dollars |
| Category | Available 2007-08 |
Appropriations Recommended 2008-09 |
Change From 2007-08 |
Reappropriations Recommended 2008-09 |
|---|---|---|---|---|
| State Operations | 4,727,000 | 4,536,000 | -191,000 | 1,840,000 |
| Aid To Localities | 56,240,000 | 47,590,000 | -8,650,000 | 186,826,000 |
| Capital Projects | 0 | 0 | 0 | 14,641,000 |
| Total | 60,967,000 | 52,126,000 | -8,841,000 | 203,307,000 |
| Full-Time Equivalent Positions (FTE) |
| Program | 2007-08 Estimated FTEs 03/31/08 |
2008-09 Estimated FTEs 03/31/09 |
FTE Change |
|---|---|---|---|
| Administration Program | |||
| General Fund | 30 | 30 | 0 |
| Total | 30 | 30 | 0 |
Note: Most recent estimates as of 01/22/08.
Mission
The New York State Foundation for Science, Technology, and Innovation - formerly the Office of Science, Technology, and Academic Research (NYSTAR) - is a public benefit corporation responsible for directing the State's university-based high-technology economic development programs.
Budget Highlights
The Executive Budget recommends $52.1 million All Funds ($51.6 million General Fund; $0.5 million other funds) for the Foundation for Science, Technology, and Innovation. This is a decrease of $8.8 million All Funds ($2.3 million General Fund, $6.5 million other funds) from the 2007-08 budget. This net change primarily reflects the elimination of $6.5 million in Federal appropriations from the Training and Business Assistance program. Federal participation in the program will continue at the same level as the 2007-08 budget; however, as a public authority, the Foundation no longer requires state appropriation to disburse Federal assistance.
The Executive Budget recommends continuing a staffing level of 30 FTEs for the Foundation for Science, Technology, and Innovation. In addition, the Executive Budget will provide $4.0 million in new funding for the Supercomputer Consortium, a collaboration of ten New York State universities, research institutions and high technology inter-university organizations. This initiative will use the momentum of recent state investments in the high-performance computing capabilities at Rensselaer Polytechnic Institute and Brookhaven National Laboratory/Stony Brook to promote collaboration and create a statewide resource that will attract national and international interest and use.
2008-09 Executive Budget — Agency Presentation
Science, Technology and Innovation, NYS Foundation for (PDF)