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A Newsletter for The City University of New York • Spring 1998
Matters
Continued on next page
Continued on page 8
A s CUNY•Matters went to press, the New York State Assembly and
Senate passed, on April 14, a budget for the fiscal year 1999 that
included $127 million in additional operating and financial aid
funding for higher education (above the Executive Budget proposal). The
budget is under review by Governor George Pataki, who has the power to
veto specific items approved by the State Legislature.
At press time, the budget provides The City University increased funding
in several significant areas. At the senior colleges, $4.5 million is ear-
marked for 90 new faculty positions, $3.9 million in added funds for SEEK
programs, and another $1.2 million for wider provision of child care. Full-
time senior college students will receive a $65 stipend for the purchase of
textbooks.
Community colleges stand to benefit in several ways, notably $8.45 mil-
lion to raise base aid per Full Time Equivalency by $150 (from $1,900 to
$2,050, an increase of nearly 8%). $3 million is allotted for 60 new faculty
positions, and over $1 million will go to increased child care and College
Discovery programs.
CUNY will also share in statewide increases in aid for part-time study
($5 million, a 33% increase to $19.6 million), freshman summer opportu-
nity, STEP/CSTEP, and teacher opportunity programs ($8.9 million).
One major new feature of the Legislature’s budget is the first-ever ap-
proval of a five- year capital budget (1998/99 through 2002/03),
originally recommended by Governor Pataki. A total of $1 billion will be
distributed in yearly $200 million installments for such