Consolidated Financial Report - SUNY Canton

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Message from the PresidentMessage from President Carli SchiffnerCarli C. Shiffner, Ph.D.Interim PresidentGreetings!I hope that you find the information in thisannual financial report to be informativeabout how SUNY Canton is funded and howthe respective funds are allocated. This isthe first time the College has created such areport, and I look forward to your feedback!We want to continue to improve upon ourcommunication about the budget.From 2008-2011, SUNY Canton, as well asother SUNY institutions saw dramatic cutsin State support and increases in tuition andfees, as New York State weathered the worsteconomic crisis since the Great Depression.However, Governor Cuomo’s 2012 ExecutiveBudget, for the first time in three years,did not cut State support to SUNY. Instead,the Governor maintained State funding overlast year and included a rational tuition planthat would gradually step up tuition over thenext several years while holding State supportsteady. This was obviously welcome news toSUNY colleges and universities across theState.While the impact of those cuts in State supportwere dramatic, SUNY Canton was able tooffset those cuts through dramatic increasesin its enrollment, the growth of its four-yeardegree programs, and the increasing academicperformance of incoming students. All of thiscollective hard work allowed us to hire morefaculty for the 2012-13 academic year than wehave in the last several years. SUNY Cantonhas been able to fill critical voids in our engineeringtechnology programs and vacanciesin the humanities. As you have heard me statepreviously, I am committed to SUNY Cantonrelying less on part-time adjuncts and moreon full-time, tenured-track faculty to sustainand even bolster our academic programs. Inaddition, SUNY Canton needs to support itstremendous growth by filling critical voidsin professional and clerical staffing, as manypositions have remained unfilled until we weresure that the financial situation would, in fact,improve.As many of you also may be aware, last year,SUNY Canton was selected by SUNY SystemAdministration to participate in a sharedservices initiative with SUNY Potsdam. Inaddition, the SUNY Board of Trustees setbenchmarks for SUNY Canton to reduce administrativecosts and increase focus on academics.Even though SUNY Canton alreadyfar surpasses the benchmark of having morethan 52% of its operating budget committedto academic services, we continue to strive foran additional 10% reduction in administrativeservies by 2015. This year, SUNY Cantonand SUNY Potsdam hired a joint ChiefFinancial Officer and a shared Military andVeteran Student Services Coordinator. Futureshared administrative positions will continueto help us bring down administrative costswhile maintaining support for academics andstudent support.In conclusion, I want to thank everyone onceagain for their patience and continued commitmentto SUNY Canton during this time oftransition. While change can be difficult, itcan also open up vast possibilities for futuregrowth and development as well as reinforcingour core goals and academic mission. Yourhard work over the years has made SUNYCanton successful in many ways, and we aimto continue our success in enrollment, newinitiatives, and completion.Fondly,A-1 State University of New York at Canton
Mission StatementMission StatementSUNY Canton is dedicated to providing aprogression of accessible, affordable, highqualityapplied programs that enable studentsin the North Country, New York State, andbeyond to achieve their highest potential bothpersonally and professionally.Vision StatementEducating the leaders of tomorrow for careers in the globaltechnological economy.Values Statement/DistinctiveIdentityWe Value...A Student-Centered Philosophy...by keepingstudents’ best interests at the center of everythingthat we do.Excellence...by challenging everyone toperform at a consistently high level throughcontinuous quality improvement.Integrity...by treating others with honestyand respect during every interaction.Success...by creating an environment thatencourages maximum personal and professionalgrowth and helps students translatethat growth into meaningful action.SUNY Canton held its 104th CommencementCeremony in May 2012 and graduatedapproximately 920 students.Diversity...by fostering a culture of inclusivenessthat values individual differences,gives voice to all in the campus community,promotes the free exchange of ideas based onmerit, and encourages a global perspective.Access...by offering affordable career-orientedpublic higher education to motivated, matureand disciplined students through innovativedelivery methods.Sustainability...by implementing viablelong-term options for resource usage, disastermanagement, transportation, and wastemanagement in connection with all campusactivities and weaving sustainability conceptsthrough the curriculum.Flexibility...by embracing change to betteraddress the needs of the college communityand society at large.SUNY Canton has set new enrollment records for sixconsecutive years in overall college enrollment and forfive straight years in winterterm enrollment. The Collegerecently broke its all-time application record forthe fourth straight year and received more than 6,400applications for the Fall 2012 semester.2012-13 Consolidated Financial ReportA-2
Page 1 and 2: ConsolidatedFinancial ReportSTATE U
Page 3 and 4: Table of ContentsA: SUNY Canton Con
Page 5: Table of ContentsG: SUNY Canton Col
Page 10 and 11: Institutional PrioritiesThe Sustain
Page 12 and 13: Institutional PrioritiesProjects no
Page 14 and 15: Campus Financial PlanSUNY Canton 20
Page 16 and 17: Consolidated Financial ReportThe 20
Page 18 and 19: Consolidated Financial ReportSectio
Page 20 and 21: Consolidated Financial ReportNafees
Page 23 and 24: CAMPUS FINANCIAL PLANCampus Financi
Page 25 and 26: Campus Financial PlanSUNY Canton Ca
Page 27 and 28: Campus Financial Plan2011‐2012 Di
Page 29 and 30: Campus Financial Plan2012-2013 Cons
Page 31 and 32: President’s Office2012-2013 Conso
Page 33 and 34: Consolidated Financial Report2012-2
Page 35 and 36: Division of Student AffairsGoals•
Page 37 and 38: School of Science, Health, and Crim
Page 39 and 40: School of Business and Liberal Arts
Page 41 and 42: Canino School of Engineering Techno
Page 43 and 44: Research & Sponsored ProgramsOffice
Page 45 and 46: Southworth LibraryLibrarians and/or
Page 47 and 48: Division of Business Affairs & Admi
Page 49: Division of Academic AffairsDivisio
Page 52 and 53: Residence Life Operating BudgetRA R
Page 54 and 55: Residence Life Operating BudgetOper
Page 57 and 58: THECOLLEGE ASSOCIATIONCollege Assoc
Page 59 and 60:
College AssociationThe Administrati
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College AssociationCollege Associat
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Income Fund ReimbursableExpenditure
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Income Fund ReimbursableFor the 201
Page 68 and 69:
Technology FeeTechnology FeeOvervie
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Intercollegiate Athletic FeeSUNY Ca
Page 72 and 73:
Student Health ServicesStudent Heal
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STATE UNIVERSITY TUITIONREIMBURSABL
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State University Income Fund Reimbu
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Canton College FoundationSUNY Canto
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Comparative Statements of Financial
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Canton College FoundationFY 11/12 F
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Canton College Foundation Board of
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SHARED SERVICES ANDORGANIZATIONAL C
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Shared Services• A process whereb
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Shared ServicesOctober 2012Discussi
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Organizational Chart - AcademicsAca
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Organizational Chart - Administrati
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2011-2012 Consolidated Financial Re
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Consolidated Financial Report - SUNY Canton

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