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JUNE 2005

Mayor Bloomberg’s Proposed CUNY Capital Budget

By Matthew Goldstein, Chancellor, CUNY

We celebrate further progress in CUNY’s renewal with the announcement by Mayor Bloomberg of the largest community college capital construction program in the history of the University.

Mayor Bloomberg’s proposed capital budget will infuse more than $157.4 million in new city funding for new science laboratories, classrooms, research facilities, student computer laboratories and long needed renovations and health and safety improvements. This is in addition to the more than $166 million in reappropriated City funding for a total of $323.9 million.

These new funds will be matched by the State total of a $569 million investment the first large infusion of capital dollars for our community colleges in more than a decade. The Mayor’s actions will greatly enhance the learning environment on CUNY campuses across the City and send a lasting signal of support as we modernize programs and services.

The Mayor’s initiative, when added to the expanded State capital budget approved by the New York State Legislature and the Governor in April, provides $1.983 billion in support for CUNY’s senior and community colleges throughout all five boroughs and creates a capital program that will dwarf any capital program this University has had in its history.

The Mayor’s 2005-06 Executive Budget provides capital funding for Borough of Manhattan Community College, Bronx Community College, Hostos Community College, LaGuardia Community College, Kingsborough Community College, Queensborough Community College and Medgar Evers College, a senior college that offers both two-year and four-year programs.

With this support, City and State officials are affirming the ongoing renewal at CUNY. Enrollment is at its highest level in thirty years, our colleges are attracting many of the most academically talented faculty and students, and they are winning top awards from our two Rhodes Scholars and our Intel Science winner to our faculty Pulitzer Prize and McArthur Foundation genius award winners.

We will further leverage this public support with a competitive matching strategy that will seek private donors and other philanthropic dollars to further scale up our efforts.

We look forward to working with a most supportive City Council to achieve a final budget that will enable CUNY to continue to offer high quality educational programs and services.

My thanks to all who worked so tirelessly to make this historic capital budget a reality.#

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