State University Construction Fund
skip breadcrumbs| Category | Available 2008-09 |
Appropriations Recommended 2009-10 |
Change From 2008-09 |
Reappropriations Recommended 2009-10 |
|---|---|---|---|---|
| State Operations | 19,722,000 | 19,586,000 | -136,000 | 0 |
| Total | 19,722,000 | 19,586,000 | -136,000 | 0 |
| Program | 2008-09 Estimated FTEs 03/31/09 |
2009-10 Estimated FTEs 03/31/10 |
FTE Change |
|---|---|---|---|
| Administration | |||
| Special Revenue Funds - Other | 135 | 135 | 0 |
| Total | 135 | 135 | 0 |
Note: Most recent estimates as of 12/16/08.
Mission
The State University Construction Fund is a public benefit corporation established in 1962 to serve as the construction agent for academic buildings, dormitories and other facilities at State-operated institutions and statutory colleges under the jurisdiction of the State University of New York (SUNY). Consistent with the State University’s approved Master Capital Construction Plan, the Fund oversees construction, acquisition, reconstruction and rehabilitation or improvement of such facilities.
Budget Highlights
The Executive Budget includes $19.6 million in appropriations funded from proceeds of State University Educational Facilities Revenue bonds. This level of funding represents a decrease of $0.1 million from available 2008-09 funding levels, reflecting the combination of increased personal service spending resulting from collective bargaining offset by decreased non-personal service spending as a result of recurring savings proposals in the Fund’s 2008-09 Financial Management Plan. This level of funding will provide the Fund with the required resources to address the design, planning and construction management workload of the State University’s new $5.4 billion multi-year Capital Plan for its educational facilities and Hospitals.
2009-10 Executive Budget — Agency Presentation
State University Construction Fund (PDF)