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Binghamton University

Think Binghamton
March 30, 2010

Think Tank Action newsletter header

Help Binghamton University during the current budget negotiations

Dear Think Tank advocates,

Budget deliberations are currently taking place in Albany. In addition to SUNY's budget, the immediate future of the Public Higher Education Empowerment and Innovation Act (PHEEIA) -- which proposes much-needed and long-overdue regulatory reform for the SUNY system -- will be determined.

The PHEEIA will enable campuses to hire new faculty and staff, increase revenue through administrative efficiencies and generate savings through operational flexibility and autonomy. In addition, a comprehensive tuition policy with guidelines and caps for increases would more accurately reflect the costs of programs and allow SUNY to control tuition. The new policy will also prevent the state from seizing tuition for non-educational purposes.

With no cost to state taxpayers, the benefits of the PHEEIA are immense. Over the next 10 years, SUNY estimates that the act will allow its campuses to create over 7,000 jobs and invest over $5.2 billion in capital construction, which will support over 28,000 direct and 14,000 indirect construction jobs.

The local benefits over the next decade will be particularly impressive. Our Think Green. Think Global. Think Binghamton plan, developed in anticipation of the passage of this legislation, calls for Binghamton University to:

  • invest $889 million in new capital construction projects, including 12 new campus buildings.
  • create more than 2,200 sustained jobs within Greater Binghamton, including 1,800 faculty and staff positions.
  • enroll 5,000 additional students.

Over the next 10 years, we anticipate the plan will generate 5,200 constructions jobs in the Greater Binghamton area. The additional faculty, staff and students will boost the local economy through their direct spending and participation in community organizations. It is estimated that they will generate more than $1.15 million in volunteer services and $8 million in new property taxes.

This legislation benefits all of us in diverse ways. Students will have more class offerings, smaller classes and less difficulty getting into high-demand courses needed to meet degree requirements. With a comprehensive tuition policy they will be able to plan for college and know that their tuition dollars will be used for educational purposes only.

Faculty and staff will benefit from increased hiring of colleagues and support staff. The University will also have a predictable revenue stream which means stable growth for the University and a more secure work environment.

With passage of this legislation, the University's reputation will continue to grow. Our alumni will see their degrees grow in value, our community partners will experience significant economic growth, diversifying the tax base and reducing the burden on individual homeowners, and we will be able to train more nurses, engineers, scientists and teachers to fulfill the state's need for workers in these high-demand professions.

At this critical juncture we need your help. In addition to voicing our opposition to further cuts to SUNY funding, it is important that legislators understand the significant impact the PHEEIA will have on Binghamton University and the other SUNY University centers. Whether you live in- or out-of-state, you can help. Please click on the appropriate link below to send a message to targeted decision-makers, urging them to pass this legislation.

New York state residents: http://www.capwiz.com/thinkbinghamton/issues/alert/?alertid=14875576&type=ML  

Out-of-state residents: http://www.capwiz.com/thinkbinghamton/issues/alert/?alertid=14875656&type=CU

You can learn more about the Public Higher Education Empowerment and Innovation Act by visiting our Think Binghamton website.

Your voice in support of this legislation can make a difference.

Thank you,

Think Binghamton Advocacy Team

TAKE ACTION:
New York residents
Out-of-state residents

 

RELATED LINKS:

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