Financial Plan - Cornell University Division of Budget & Planning

HNew York State AppropriationsSources of Funding(dollars in thousands)Ithaca Campus06-07 07-08 07-08 08-09Actual Plan Forecast Plan §1. Original Base Appropriation Through SUNY $136,477 $149,033 $149,033 $159,969SUNY/Cornell Negotiated/Planned Increases2. For inflation and fixed costs 11,412 7,621 7,621 6,3883. Subtotal Base (prior to legislative actions) 147,889 156,654 156,654 166,3574. SUNY-Initiated Adjustments 2,565 * 2,565 * (6,579)†5. Empire Innovation 1,144 750 7506. Revised Base 149,033 159,969 159,969 159,778Additional Planned State Funding Through SUNY7. Cooperative Extension (support for County Associations) 3,670 4,170 4,170 4,1708. Institute for Community College (ICCD) 300 300 300 2919. SUNY Program Support (academic equipment/fellowships) 1,664 1,666 1,776 1,72810. SUCF Critical Maintenance In-Year Funds (58) 6,038 1,038 1,95111. Subtotal of Additional State Funding 5,576 12,174 7,284 8,14012. Total State Appropriations Through SUNY 154,609 172,143 167,253 167,918Other State Appropriations13. Bundy Aid (based on degrees granted) 1,794 1,795 1,757 1,80514. Total Ithaca Campus 156,403 173,938 169,010 169,723Medical College15. Bundy Aid (based on degrees granted) 190 190 190 19416. Total Medical College 190 190 190 19417. Total State Appropriations 156,593 174,128 169,200 169,917Notes:• Cornell receives New York State appropriations through the State University of New York (SUNY) anddirectly from the state. Most appropriations flow through SUNY.• Not represented in this schedule are certain student financial-aid funds, grants and contracts from stateagencies, and appropriations for capital acquisitions. The schedule also excludes the value of employeebenefits provided by New York State and debt service on facilities provided through SUNY, neither ofwhich is recorded by Cornell.§ The amounts shown for 2008-09 are tentative, pending final approval by New York State and SUNY.* Deficiency funding provided by New York State to address extraordinary energy rate increases.† Mandated budget reduction, including efficiency savings of 2.9% and an energy deficiency reduction of$1.9 million.67