REVENUE

FY 2025 Operating Budget

Stony Brook University's FY 2025 operating budget outlines a comprehensive financial structure managing $4.6B in expenses across its major divisions. This structure reflects the complex interplay between the institution's healthcare, academic, and administrative functions, while maintaining separate tracking for state-funded obligations.

The Healthcare Enterprise, which includes the hospital, clinical practices, and veterans' home, represents the largest portion of the expense budget at $3.1B. The hospitals’ operations account for $2.1B (69.6% of total costs), while clinical practices contribute $867.6M (28.4%). The healthcare division's expenses are predominantly driven by salary and wages, which constitute 64.1% ($2.0B) of its budget, followed by clinical supplies at 12.5% ($382.7M) and contractual services at 11.2% ($340.4M).

The Academic & Research Enterprise manages approximately $1.5 billion in budgeted expenses, with a more distributed cost structure. Research activities account for $355.3M (23.3%), while Provost/Academic Affairs expenses total $279.1M (18.3%), Health Sciences and  the Renaissance School of Medicine total 172.7M (11.3%), and University Administration costs reach $238.4M (15.6%). Similar to the healthcare division, the academic enterprise's largest expense category is salary and wages, representing 56.8% ($867.4M) of its budget.

Within the University Administration's $238.4M budget, the largest allocations go to  Student Aid ($68.0M, 28.5%), Facilities Operations & Safety ($54.5M, 22.9%), and Utilities ($37.3M, 15.7%).

The Stony Brook Foundation expense budget of $86.4M, primarily supports the Provostial units ($32.5M, 37.6%), Restricted Strategic Initiatives ($26.8M, 31.1%), and Advancement activities ($17.2M, 19.9%).

In addition to the highlights of the FY 2025 expense budget described above, it is also important to note the FY 2025 revenue budget. The grid at the bottom of this section contains an overview of the budgeted revenue versus the budgeted expenses. There are anticipated in-year gaps for both the Healthcare Enterprise  and the Academic and Research Enterprise. Please note, the lion's share of the Academic and Research Enterprise represents a planned use of reserves specifically in IFR, SUTRA , and SBF Support funds.