Current through 2024 NY Law Chapter 553
Section 6230 - City university of New York senior college budget process1. For the purposes of this section and section sixty-two hundred twenty-one of this article, the term "approved programs and services" shall mean and include all programs and services provided by the senior colleges excluding campus schools or other elementary or secondary schools which receive state aid under other provisions of law and also excluding all unfunded accrued liability payments, revised unfunded accrued liability payments (as defined in subdivision seven of section sixty-two hundred two of this article), installments of nineteen hundred eighty unfunded accrued liability adjustment (as defined in subdivision eight of such section sixty-two hundred two), installments of nineteen hundred eighty-two unfunded accrued liability adjustment (as defined in subdivision eight-a of such section sixty-two hundred two), installments of NYCERS nineteen hundred eighty-five unfunded accrued liability adjustment attributable to the senior colleges (as defined in subdivision eight-b of such section sixty-two hundred two), installments of NYCTRS nineteen hundred eighty-five unfunded accrued liability adjustment (as defined in subdivision eight-c of such section sixty-two hundred two), installments of NYCTRS nineteen hundred eighty-six unfunded accrued liability adjustment (as defined in subdivision eight-d of such section sixty-two hundred two), installments of New York city employees' retirement system nineteen hundred eighty-eight unfunded accrued liability adjustment attributable to the senior colleges (as defined in subdivision eight-e of such section sixty-two hundred two), installments of New York city teachers' retirement system nineteen hundred eighty-eight unfunded accrued liability adjustment attributable to the senior colleges (as defined in subdivision eight-f of such section sixty-two hundred two), installments of any NYCERS post-June thirtieth, nineteen hundred ninety unfunded accrued liability adjustment attributable to the senior colleges (as defined in subdivision eight-g of such section sixty-two hundred two), installments of any NYCTRS post-June thirtieth, nineteen hundred ninety unfunded accrued liability adjustment attributable to the senior colleges (as defined in subdivision eight-h of such section sixty-two hundred two), contributions for twenty-year amortization of nineteen hundred ninety senior college consolidated UAL and senior college remainder of BSL (as defined in subdivision eight-o of section sixty-two hundred two of this article) and balance sheet liability contributions (as defined in subdivision nine of such section sixty-two hundred two) required to be made pursuant to chapters nine hundred seventy-five, nine hundred seventy-six and nine hundred seventy-seven of the laws of nineteen hundred seventy-seven or the provisions of law referred to in such subdivisions with respect to pension contributions, provided that all such programs have been approved as a part of the master plan of the city university and as a part of the regents plan for higher education or general revision thereof pursuant to section two hundred thirty-seven of this chapter.2. For each city fiscal year, the chancellor of the city university shall prepare a proposed operating and capital budget for all approved programs and services of the senior colleges in such form and contents as shall be required by the state director of the budget. Such proposed operating and capital budget, after approval by the board of trustees, shall be submitted to the governor by the first day of October of each year, with copies at such time to the state director of the budget, senate finance committee and the assembly ways and means committee, for information purposes, the director of the office of management and budget of the city of New York.3. The governor shall submit his recommendations with respect to such city university of New York senior college operating and capital budget to the legislature as part of the local assistance and capital construction portions of the executive budget, as appropriate.