INSIDE BINGHAMTON UNIVERSITY
State funds will help downtown, high-tech centers move forward
By : Katie Ellis
Gov. George E. Pataki wielded his veto power last week, but preserved the $50 million in additional funding requested by the State University of New York. However, he asked the Division of the Budget to release only one-third of the funds for 2004-05.
Pataki also vetoed all of the additional capital projects that the legislature included, but retained his recommendations.
“Funding in the governor’s capital plan will allow Binghamton to move forward with the Downtown Education Center and the High-Tech Commercialization Center, as well as make improvements to our science and engineering facilities on campus,” said President Lois B. DeFleur.
Any additional state operating funds allocated to Binghamton will be used to hire faculty “to preserve and enhance the quality of education offered to our current and prospective students,” she added.
The University’s focus will remain fixed on maintaining its reputation for academic excellence, providing outstanding programs for undergraduates, enhancing research and graduate programs and finding new sources of external support, said DeFleur.
The budget, approved by legislators on August 11, will cover negotiated compensation increases for faculty and staff.