Polytechnic Finance & Budget
From the June 2013 Board of Trustees Meeting Report, this graph depicts the Polytechnic Universities operating budget from the years of 2001 to 2012 with a prediction for 2013. From the graph, it is clear that Polytechnic was experiencing financial difficulties prior to the NYU and Polytechnic affliation in 2008. Particularly, in 2003 Polytechnic hit its lowest point at under 14.5 million dollars. However, after 2008 an upward trend is displayed likely due to the support from affliating with New York University at that time. Note that the operating budget results is predicted to continue to increase in 2013, which suggest an understanding that a merger between Polytechnic and New York University would be inveitable. In this case, the merger would be a significant benefit to the operating budget to NYU-Poly. This is especially true when looking at the negative operating budget Polytechnic University had at the time, prior to the NYU-Poly affliation in 2008.
From the NYU-Poly Board of Trustees meetings, a Fiscal Budget Projection was included for 2013. Here it can see that there is an increase in every aspect for 2013 when compared to statistics in the 2012. Tuition for undergraduates was calculated to be $75,640 along with graduate tuition costing $46,884 for June 2013. This resulted in a revenue of $80,142 in net tuition (not counting fees). Including all other forms of revenue such as Dorm revenue, fees, and IDC recovery, the total revenue becomes $105,227. This data is significant to NYU Tandon's growing tuition costs for students in the following years.
As budget increase, Univerisities often take the opporunity to expand their resources. Here is the "Campus Transformation (as of 12/31/12) Spending to date", from the June 2013 NYU-Poly Board of Trustees Meeting Report. From this information, there is a clearly focus in investing money into the buildings for Metrotech 2 and 15. Alongside this, "Asset Improvement and Civil Engineering Relocation" is brought into attention. These spending is likely in preparation for the upcoming official merger between Polytechnic University and New York University.
From the New York University Tandon School of Engineering: Quick Facts, research expenditures was $27.4 million for fiscal year 2015. In the NYU Tandon School of Engineering Fast Facts, the research expenditures increased to $52.5 million for fiscal year 2018. Under the span of three years, research expenditures for the university has nearly doubled and continues to rise. As seen in the most recent NYU Tandon School of Engineering Fast Facts data for fiscial year 2020, research expenditure in now $53.7 million. While it was not as explosive of a growth as it was from 2015 to 2018, it is clear that research expenditure continues to increase. This steady increase likely stems from NYU Tandon's continous success and increasing prestige as an academic research center.