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            "text": "Budget Overview – Continued",
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            "text": "Governor and General Assembly can provide to offset pension cost increases and help maintain affordability and access for Kentucky citizens."
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            "text": "Performance Funding",
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            "text": "The Council on Postsecondary Education requested Performance Funding as part of the 2012-14, 2014-16 and 2016-18 biennial budget submissions. For the upcoming 2013-20 biennium, the Council is once again recommending appropriations for performance funding."
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            "text": "The enacted 2016-18 Budget of the Commonwealth (HB 303) directed the Council to establish a Working Group comprised of university presidents, the KCTCS president, the Council president, and legislative leaders and the Governor, or their representatives, and charged that group to develop a new comprehensive funding model for distributing state appropriations for postsecondary institution operations."
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            "text": "Council staff recommends appropriations of $18,937,500 in 2018-19 and $36,512,200 in 2019-20 to support a new performance funding model."
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