2016_SUNY_Optometry_PRR
$23,000.0 $25,000.0 $27,000.0 $29,000.0 $31,000.0 $33,000.0 $35,000.0
$32,877.1
Revenue
Expenses
$31,882.6
$32,067.0
$31,160.9
Following three years of deficits secondary to State cutbacks, the College’s fund balances were increased by $1.17M and $0 .9M in FY 2014 and 2015 respectively, with total fund balances of $11.18M at the beginning of FY 2016. Capital Investment 1. Facilities : The College building is over 100 years old, necessitating significant improvements to provide contemporary teaching facilities and enhanced student life space. For the period of 2008 – 2013, the State provided significant investment in our facilities leading to major renovations (some completed and others ongoing) that have transformed a challenge into one of our strongest assets. Student satisfaction with the facilities has increased from 35% four years ago to 78% last year. Since 2011, nearly $40M has been invested and the following projects have been completed: Student Center of Life & Learning Student Fitness Center Research Offices and Laboratories on 16 th & 17 th floors including needed core facility repair and improvement Two lecture halls gut renovated with technology upgrades Complete renovation of the lobby level providing enhanced security, establishment of art gallery and patient welcome desk Complete rehabilitation of the College’s electrical systems 2. Capital Equipment and Information Systems: In addition to state capital support, the College has made substantive investment beyond regular replacement and renewal of equipment and information technology. Major acquisitions include: AV and technology upgrades to all teaching spaces Acquisition and implementation of new Electronic Health Record and Clinical Management systems (NextGen) Creation of new Simulation & Virtual Reality Laboratory for clinical training Replacement and renewal of clinical equipment Expansion of security systems
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