New York City Council reviews CUNY's $1.48 billion budget for FY 26

The New York City Council convened for its Executive Budget Hearing on May 15, focusing on the fiscal year 2026 budget for the City University of New York (CUNY). The meeting, led by Council Member Justin Bridal, chair of the finance committee, highlighted a significant proposed budget of $1.48 billion for CUNY, marking a 15.5% increase from earlier projections.

This increase, amounting to $99.5 million, reflects the city’s commitment to enhancing educational resources and support for students within the CUNY system. The proposed budget now accounts for 1.3% of the city’s total budget, emphasizing the importance of higher education in the city’s financial planning.

Council Member Bridal, alongside his colleagues, welcomed Chancellor Rodriguez and his team to discuss the implications of this budget increase. The hearing also included a call for public testimony, allowing community members to voice their opinions and concerns regarding the funding and its potential impact on education in New York City.

The discussions during the hearing are crucial as they set the stage for how CUNY will allocate resources to improve educational outcomes and support services for students. The increase in funding is expected to address various needs, including academic programs, student support services, and infrastructure improvements.

As the city moves forward with its budget planning, the outcomes of this hearing will play a vital role in shaping the future of higher education in New York, ensuring that CUNY can continue to serve its diverse student population effectively. Community members are encouraged to participate in the ongoing discussions, as their input will help guide the final budget decisions.