Kentucky State University
Education & General Budget Report FY26 & FY27
Presented to the Board of Regents August 7, 2026
| Description | Adopted Budget 6.27.25 | Amended FY26 Budget 2.13.26 | Projected FY26 as of 7.15.26* | Adopted FY27 Budget 6.12.26 |
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| Revenue | | | | |
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| Enrollment | | | 2838 Fall : 2873 Spring | 2570 Fall : 2285 Spring |
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| Tuition and Fees | 16,948,700 | 22,055,000 | 22,871,115 | 16,800,428 |
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| Less Scholarships and Waivers 27% | (3,500,000) | (5,126,000) | (6,481,244) | (4,536,115) |
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| Less Uncollected | (1,000,000) | (1,000,000) | (3,451,772) | (3,024,077) |
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| Net Tuition and Fees Collected | 12,448,700 | 15,929,000 | 12,938,098 | 9,240,235 |
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| State Appropriations | | | | |
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| Base Appropriations | 19,343,900 | 19,343,900 | 19,343,900 | 19,343,900 |
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| Fire and Tornado | 822,000 | 822,000 | 822,000 | 473,600 |
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| Online Program | | | - | 2,000,000 |
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| Litigation | 895,000 | 895,000 | 254,260 | 645,000 |
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| Total State Appropriations | 21,060,900 | 21,060,900 | 20,420,160 | ##### |
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| Sales and Services | 1,200,000 | 1,722,262 | 909,349 | 1,200,000 |
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| Other Income | 0 | 0 | 5,605,564 | 0 |
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| Endowment (Off-sets Scholarships and Salaries) | 0 | 0 | 829,593 | 800,000 |
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| Transfer In | 0 | 0 | 0 | 100,000 |
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| Total Revenue | 34,709,600 | 38,712,162 | 40,702,764 | 33,802,735 |
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| Expenses | | | | |
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| Salaries and Benefits | | | | |
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| Salaries | 13,732,000 | 15,797,674 | 14,694,600 | 14,700,000 |
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| Benefits | 5,725,800 | 5,400,000 | 5,885,233 | 5,300,000 |
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| Sub-total Salaries and Benefits | 19,457,800 | 21,197,674 | 20,579,833 | 20,000,000 |
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| Supplies/Operating | 7,882,916 | 5,693,181 | 658,968 | 600,000 |
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| Travel | | | 1,138,890 | 1,129,446 |
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| Interfund | | | 85,267 | 75,000 |
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| Other | | | 329,847 | 1,653,758 |
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| Memberships and Dues | | | 210,661 | 253,081 |
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| Insurance | | | 1,598,409 | 1,626,457 |
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| Equipment | | | 110,203 | 109,168 |
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| SGA Royal Court | | | | 50,000 |
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| Student Activities | | | | 75,000 |
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| Vehicles | | | | 100,000 |
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| Contracted Services | 1,300,000 | 8,201,480 | 4,884,795 | 2,750,000 |
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| Repairs and Maintenance | | | 667,463 | 600,000 |
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| Utilities | 2,381,263 | 2,300,000 | 2,314,914 | 2,520,602 |
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| Global Program Operating | | | 3,432,758 | 500,000 |
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| Contingency/Transfers | 2,000,000 | - | - | 431,669 |
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| Debt Service | 1,687,621 | 1,319,828 | 1,687,621 | 1,328,554 |
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| Sub-Total Operating Expenses | 15,251,800 | 17,514,489 | 17,119,796 | 13,802,735 |
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| Total Expenses | 34,709,600 | 38,712,163 | 37,699,630 | 33,802,735 |
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| Surplus (Deficit) | 0 | (1) | 3,003,135 | 0 |
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Auxiliary Budget Proposal 2026-27
| Description | Adopted Budget 6.27.25 | Amended FY26 Budget 2.13.26 | Projected FY26 as of 7.15.26 | Adopted FY27 Budget 6.12.26 |
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| Revenue | | | | |
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| Housing | 7,450,000 | 7,142,800 | 7,368,462 | 6,512,030 |
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| Dining | 3,530,000 | 3,284,100 | 3,281,789 | 3,051,888 |
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| Bookstore | 1,395,000 | 1,825,550 | 1,936,590 | 1,243,994 |
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| Commissions/Other | | - | 22,521 | 159,000 |
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| Less Uncollected | | - | (428,438) | (478,196) |
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