| 2026 | 2025 | FY26 minus FY25 | |||||||
| Budget | As of 10.31.25 | % | Projected 6.30.26 | Budget | Actual | % | Actual | % Change | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Gross Student Tuition and Fees | 16,948,700 | 9,078,615 | 53.6% | 17,613,303 | 18,210,800 | 8,924,237 | 49.0% | 154,378 | 1.7% |
| Scholarships | (3,500,000) | (3,089,387) | 88.3% | (6,621,660) | (4,000,000) | (1,316,173) | 32.9% | (1,773,214) | 134.7% |
| Uncollected3 | (1,000,000) | - | 0.0% | (1,000,000) | (898,000) | 0.0% | - | 0.0% | 0.0% |
| Net Student Tuition and fees | 12,448,700 | 5,989,228 | 48.1% | 9,991,643 | 13,312,800 | 7,608,064 | 57.1% | (1,618,836) | -21.3% |
| State Appropriations | 21,060,900 | 11,591,601 | 55.0% | 21,060,900 | 20,165,900 | 10,639,200 | 52.8% | 952,401 | 9.0% |
| Endowment Designated from Interest | - | - | 0.0% | 850,000 | - | - | 0.0% | - | 0.0% |
| Sales and Services | 1,200,000 | 752,141 | 62.7% | 1,504,282 | 1,000,000 | 636,896 | 63.7% | 115,245 | 18.1% |
| Total Revenue | 34,709,600 | 18,332,970 | 52.8% | 33,406,825 | 34,478,700 | 18,884,160 | 54.8% | (551,190) | -2.9% |
| Expenses/Transfers | |||||||||
| Salaries and Wages | 13,732,000 | 4,829,334 | 35.2% | 14,039,026 | 11,642,600 | 5,481,650 | 47.1% | (652,316) | -11.9% |
| Benefits | 5,725,800 | 1,834,916 | 32.0% | 5,786,445 | 6,416,200 | 1,887,539 | 29.4% | (52,623) | -2.8% |
| Contracted Services | 1,300,000 | 1,446,560 | 111.3% | 1,696,560 | 3,000,000 | 846,597 | 28.2% | 599,963 | 70.9% |
| Operating | 7,882,916 | 2,754,325 | 34.9% | 6,306,333 | 4,866,900 | 4,218,596 | 86.7% | (1,464,271) | -34.7% |
| Utilities | 2,381,263 | 760,735 | 31.9% | 2,619,389 | 5,200,000 | 770,827 | 14.8% | (10,092) | -1.3% |
| Transfers | 3,687,621 | 676,507 | 18.3% | 3,687,621 | 3,353,000 | 115,435 | 0.0% | 561,072 | 561,072.0% |
| Total Expenses and Transfers | 34,709,600 | 12,302,377 | 35.4% | 34,135,374 | 34,478,700 | 13,320,644 | 38.6% | (1,018,267) | -7.6% |
| Net Surplus (Deficit) | - | 6,030,593 | (728,549) | - | - | 5,563,516 | 0.0% | 467,077 | -1.3% |
KENTUCKY STATE UNIVERSITY Education and General Operating Budget Report For the Period from 7.1.25 to 10.31.25 With Comparative Prior Year Data