Higher Education Services Corporation

 

The Enacted Budget makes no changes to the Executive Budget’s State Operations appropriations (analysis as of March 31, 2009)

The Executive budget recommends (analysis as of December 23, 2008):

 

A  FY 2008-09 workforce of 682.  This is 18 fewer than the FTE level for FY 2008-09.

 

 

Program

FY 2008-09 Adjustment

FY 2009-10

Difference

Administration – SRF -- Other

 

(-8)

Guaranteed Loan Programs – SRF - Other

 

(-10)

Total

 

(-18)

 

Higher Education Services Corporation
Program Details-State Operations 
  Enacted Proposed Enacted Change in  Percent
Program 2008-09 Budget 2009-10 Budget 2009-10 Budget Appropriation Change
All Funds $118,252,000 $160,391,000 $160,391,000 $42,139,000 35.6%
General Fund $0 $50,000,000 $50,000,000   0.0%
Special Revenue-Federal $5,000,000 $5,000,000 $5,000,000 $0 0.0%
Special Revenue-Other $113,252,000 $105,391,000 $105,391,000 ($7,861,000) -6.9%
           
Personal Services $44,839,100 $43,926,100 $43,926,100 ($913,000) -2.0%
Contractual Services $52,506,000 $44,501,000 $44,501,000 ($8,005,000) -15.2%
           
Administration $57,969,000 $50,569,000 $50,569,000 ($7,400,000) -12.8%
Personal Service $2,484,000 $2,605,000 $2,605,000 $121,000 4.9%
Regular $2,484,000 $2,605,000 $2,605,000 $121,000 4.9%
Nonpersonal Service $4,434,000 $3,129,000 $3,129,000 ($1,305,000) -29.4%
Supplies and materials $2,217,000 $1,565,000 $1,565,000 ($652,000) -29.4%
Equipment $2,217,000 $1,564,000 $1,564,000 ($653,000) -29.5%
Miscellaneous special revenue fund ($6,918,000) ($5,734,000) ($5,734,000) $1,184,000 -17.1%
Special Revenue-Other (SRO) $57,969,000 $50,569,000 $50,569,000 ($7,400,000) -12.8%
           
HESC-Insurance Premium Payments Acct - (SRO) $57,469,000 $50,569,000 $50,569,000 ($6,900,000) -12.0%
Personal Service $16,129,000 $15,502,000 $15,502,000 ($627,000) -3.9%
Regular $15,911,000 $15,293,000 $15,293,000 ($618,000) -3.9%
Holiday/overtime compensation $218,000 $209,000 $209,000 ($9,000) -4.1%
Nonpersonal Services $41,340,000 $35,067,000 $35,067,000 ($6,273,000) -15.2%
Supplies and materials $619,000 $518,000 $518,000 ($101,000) -16.3%
Travel $242,000 $203,000 $203,000 ($39,000) -16.1%
Contractual Services $19,878,000 $16,645,000 $16,645,000 ($3,233,000) -16.3%
Equipment $955,000 $800,000 $800,000 ($155,000) -16.2%
Fringe benefits $18,239,000 $15,425,000 $15,425,000 ($2,814,000) -15.4%
Indirect costs $1,407,000 $1,476,000 $1,476,000 $69,000 4.9%
           
State Student Financial Aid Audit Acct - (SRO) $500,000 $0 $0 ($500,000) 100.0%
           
Division of Grants & Scholarship Program $0 $0 $0    
Personal Service $3,809,000 $3,995,000 $3,995,000 $186,000 4.9%
Regular $3,809,000 $3,995,000 $3,995,000 $186,000 4.9%
Nonpersonal Service $1,092,000 $771,000 $771,000 ($321,000) -29.4%
Supplies and materials $546,000 $386,000 $386,000 ($160,000) -29.3%
Equipment $546,000 $385,000 $385,000 ($161,000) -29.5%
Miscellaneous special revenue fund ($4,901,000) ($4,766,000) ($4,766,000) $135,000 -2.8%
           
Division of Guaranteed Loan Program $60,283,000 $54,822,000 $54,822,000 ($5,461,000) -9.1%
Special Revenue-Other (SRF) $5,000,000 $5,000,000 $5,000,000 $0 0.0%
Special Revenue-Other (SRO) $55,283,000 $49,822,000 $49,822,000 ($5,461,000) -9.9%
           
Federal GEAR-UP Acct - (SRF) $5,000,000 $5,000,000 $5,000,000 $0 0.0%
           
HESC-Insurance Premium Payments Acct - (SRO) $55,283,000 $49,822,000 $49,822,000 ($5,461,000) -9.9%
Personal Service $22,001,000 $21,408,000 $21,408,000 ($593,000) -2.7%
Regular $21,202,000 $20,631,000 $20,631,000 ($571,000) -2.7%
Holiday/overtime compensation $799,000 $777,000 $777,000 ($22,000) -2.8%
Nonpersonal Service $33,282,000 $28,414,000 $28,414,000 ($4,868,000) -14.6%
Supplies and materials $84,000 $72,000 $72,000 ($12,000) -14.3%
Travel $286,000 $244,000 $244,000 ($42,000) -14.7%
Contractual Services $32,628,000 $27,856,000 $27,856,000 ($4,772,000) -14.6%
Equipment $284,000 $242,000 $242,000 ($42,000) -14.8%
           
NYS Higher Education Loan Program $0 $55,000,000 $55,000,000   0.0%
Maintenance Undistributed $0 $50,000,000 $50,000,000   0.0%
Special Revenue-Other (SRO) $0 $5,000,000 $5,000,000   0.0%
           
NYS Higher Education Loan Program Acct - (SRO) $0 $5,000,000 $5,000,000   0.0%
Maintenance Undistributed $0 $5,000,000 $5,000,000   0.0%
           
College Choice Tuition Savings Pgm * (p. 528) $829,800 $829,800 $829,800 $0 0.0%
Special Revenue-Other (SRO) $829,800 $829,800 $829,800 $0 0.0%
           
College Savings Acct - (SRO) $829,800 $829,800 $829,800 $0 0.0%
Personal Service $416,100 $416,100 $416,100 $0 0.0%
Nonpersonal Services $203,000 $203,000 $203,000 $0 0.0%
Fringe Benefits $194,700 $194,700 $194,700 $0 0.0%
Indirect Costs $16,000 $16,000 $16,000 $0 0.0%
* Appears in Miscellaneous Section of Budget Books