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

13

Made with FlippingBook Publishing Software