NYC Enacted Budget for 2024-25

HIGHLIGHTS OF THE BUDGET FOR SUNY 

  • Last year’s $163M increase to the system from last year’s budget is maintained; 
  • New operating aid of $114M authorized for the SUNY state-operated campuses; 
  • New full-time faculty funding of $53M for state-operated campuses and community colleges; 
  • Educational Opportunity Programs will receive an additional $1.9M, for a total of $44M; 
  • TAP GAP funding increases by $5.1M, to a total of $54.7M; 
  • The Benjamin Center funded with $150K for the year; 
  • $860M in new capital funds for campus maintenance and improvements systemwide; 
  • Closure of Downstate Medical Center averted! 

You can consult a much more comprehensive summary of the newly-enacted NYS budget here for the full PDF.

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