Dear Members of the SUNY Oswego Community-
We have received more clarity on the provisions of the enacted 2024/25 New York State budget as they pertain to SUNY. Please see the Chancellor’s letter below and read the detailed summary of operating funds, capital funds, and non-fiscal legislative items via this document.
This information will be discussed at this morning’s convening of the President’s Budget Advisory Group, which will be held from 9:30 to 11 am. It is accessible via Zoom at this link. Once you register, you will receive a confirmation email with the webinar link.
Remain well,
Peter O. Nwosu, Ph.D.
President
Dear Presidents,
I am pleased to report that the State budget process has concluded and that it has been another very good year for SUNY. Thank you for all of your advocacy, and I know I speak for all of us when I express gratitude to Governor Hochul and our champions in the Senate and Assembly.
You can find our public statement at this link and attached please find a detailed summary of operating funds, capital funds, and non-fiscal legislative items. A few highlights: We are receiving a $114 million increase in operating funding for State-operated campuses ($60 million more than had been promised to us); $8 million in additional support for community colleges to meet urgent needs (on top of the $85 million Community College Funding Floor); more capital investment for both our State-operated campuses and hospitals than the Executive had initially proposed; reversal of cuts to programs like the EOP; and financial support for important new initiatives including the Empire State Service Corps as well as expansion of TAP.
The final budget includes approval of Governor Hochul’s groundbreaking Empire AI initiative, and vital legislation to make completion of the FAFSA universal for high school seniors. Finally, I am extremely pleased that we achieved agreement on a plan for a stronger SUNY Downstate that will cover our short-term deficit while creating a path, with community engagement, to a sustainable long-term solution that reflects up to a $750 million capital investment in Downstate’s future – reversing decades of disinvestment.
I look forward to discussing the budget in detail at our next Presidents Meeting. In the meantime, please do not hesitate to reach out to the SUNY System team with any questions.
Sincerely,
John B. King, Jr., J.D., Ed.D.