Campus Financial Resources

SUNY Plattsburgh engages in several revenue generating activities. Revenues from tuition are the college’s primary form of financial support, but many other revenue streams play an important role in enabling Plattsburgh to fulfill its mission in a more meaningful way. The source of the revenue determines where the revenue is required to be deposited and managed.

Funding Sources

New York State
State University of New York System (SUNY)
- State Fund (tuition, state support, college fee, interest)
- General IFR Fund — revenue generated from campus programs (athletic fee, technology fee, health center fee, parking fee, add/drop fee, nurse testing fee, design lab, applied music fee, teacher certification fee)
- DIFR Fund (room rental fee, DASNY bonds)
- SUTRA Fund (summer session tuition, overseas academic program tuition)
- Construction Fund

College Operating Revenue Sources

Each funding source has its own set of accounting and fiscal controls. Following is a brief description of the primary aspects of each funding source. The fiscal year for each funding source is the same — July 1 through June 30.

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State Fund

Fund into which tuition, state support, interest, and the college fee are deposited for spending as part of financial plan submitted to SUNY. Considered the college’s core operating budget. The state Legislature through the state budgetary process appropriates state tax support funds annually. All activity is monitored by the state Comptroller’s Office.
State Construction Fund
Dormitory Income Fund Reimbursable (DIFR)
State University Tuition Reimbursable Account (SUTRA)
General Income Fund Reimbursable (General IFR)
SUNY policy provides for the establishment of IFR accounts which are self-supporting accounts that support activities related to the college’s mission. IFR accounts are deemed self-sufficient when they operate on a break-even or better basis including the costs of assessed overhead expenses. IFR expenditure budget authority is appropriated annually by the state Legislature and all payments are subject to the college’s purchasing and contracting guideline and are approved by the state Comptroller’s Office.

IFR accounts have clear and defined income/expenditure relationships. Each IFR account must generate revenue sufficient to cover costs incurred and be managed to a positive cash position. Account managers are responsible for monitoring account activity and maintaining financial controls.

There are four types of Income Fund Reimbursable accounts.
- Campus broad-based fees and miscellaneous course fees
- Fee-for-service programs such as parking, add/drop fees, testing center fees, etc.
- Facility use fees
- Funded reserves necessary for long-term financial stability of the college.

Third-Party Funding Sources

Research Foundation for the State University of New York
College Auxiliary Services (CAS)

Provides all retail and dining services for the college. In addition, College Auxiliary Services provides financial services for the Student Association. The CAS primary revenue is dining and meal plan revenue, College Bookstore, catering services, on campus vending services, Valcour and Twin Valley operations. CAS is a not-for-profit corporation created to provide auxiliary services to the college pursuant to a contract with the college and SUNY Board of Trustees.

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Plattsburgh College Foundation

The main fundraising entity for the college and is responsible for the receipt and management of all private gifts. PCF is a not-for-profit organization established in 1963 by act of the Council of the State University of New York College at Plattsburgh. Revenue is controlled and managed by the corporation and made available to the college (and departments) in accordance with gift or donor specifications.

VISIT THE PLATTSBURGH COLLEGE FOUNDATION
Alumni Association

Official organization of the college’s alumni and is a separate non-profit corporation. The primary revenue is the Student Alumni Fee and event registrations payments. The mission of the PAA is to secure and strengthen the relationships between alumni and the college; actively support the student experience; facilitate the transition of current students to the alumni ranks; and work in partnership with the college to encourage alumni participation in its programs, activities and development efforts.