New York state community college funding stability act establishes annual base funding for SUNY community colleges, indexed to inflation.

The New York state community college funding stability act mandates that the state provides annual base funding to community colleges operating under the university of the state of New York. This funding must be at least equal to the highest amount received in any of the previous three fiscal years and is indexed to inflation. The funding is adjusted annually based on the Commonfund higher education price index. The comptroller and the state university trustees oversee the implementation and enforcement of this act.

New York state community college funding stability act establishes annual base funding for SUNY community colleges, indexed to inflation.

The New York state community college funding stability act mandates that the state provides annual base funding to community colleges operating under the university of the state of New York. This funding must be at least equal to the highest amount received in any of the previous three fiscal years and is indexed to inflation. The funding is adjusted annually based on the Commonfund higher education price index. The comptroller and the state university trustees oversee the implementation and enforcement of this act.