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KENTUCKY STATE UNIVERSITY Education and General Budget Report 2025-26 With Comparative Prior Year Data

	2026				2025				FY26 minus FY25
	Actual - August				Actual - August				Actual	% Change
	Budget	2025	Actual - YTD	%	Budget	2024	Actual - YTD	%	Actual	% Change
Revenue
Gross Student Tuition and Fees1	16,948,700	1,333,995	9,876,512	58.3%	18,210,800	2,690,656	9,448,488	51.9%	428,024	4.5%
Scholarships	(3,500,000)	(324,980)	(1,858,725)	53.1%	(4,000,000)	-	(12,795)	0.3%	(1,845,930)	14427.0%
Uncollected	(1,000,000)	(9,338,479)	(9,338,479)	93.8%	(898,000)	-	-	0.0%	(9,338,479)	0.0%
Net Student Tuition and fees	12,448,700	(8,329,464)	(1,320,692)	-10.6%	13,312,800	2,690,656	9,435,693	70.9%	(10,756,385)	-114.0%
State Appropriations	21,060,900	-	6,326,351	30.0%	20,165,900	-	5,803,200	28.8%	523,151	9.0%
Sales and Services	1,200,000	80,112	217,060	18.1%	1,000,000	378,709	427,740	42.8%	(210,680)	-49.3%
Total Revenue	34,709,600	(8,249,352)	5,222,719	15.0%	34,478,700	3,069,365	15,666,633	45.4%	(10,443,914)	-66.7%
Expenses
Instruction	8,573,682	576,196	1,426,698	16.6%	8,614,600	802,365	1,423,853	16.5%	2,845	0.2%
Academic Support & Libraries	779,196	41,578	96,700	12.4%	802,700	81,324	149,625	18.6%	(52,925)	-35.4%
Student Services	7,525,950	429,709	871,306	11.6%	5,552,600	692,177	1,129,666	20.3%	(258,360)	-22.9%
Institutional Support	8,569,327	1,155,517	2,059,936	24.0%	11,683,800	1,944,961	2,414,618	20.7%	(354,682)	-14.7%
Operations and Maintenance of Plant	5,573,824	1,600,540	1,968,041	35.3%	4,472,000	3,082,038	3,497,607	78.2%	(1,529,566)	-43.7%
Transfers									-
Mandatory: Debt Service	1,687,621	-	676,507	40.1%	1,353,000	-	-	0.0%	676,507	676507.0%
Non-Mandatory	-	-	-	0.0%	-	-	-	0.0%	-	0.0%
Non-Mandatory Transfer to Reserves	2,000,000	-	-	0.0%	2,000,000	-	-	0.0%	-	0.0%
Total Expenses and Transfers	34,709,600	3,803,540	7,099,188	20.5%	34,478,700	6,602,865	8,615,369	25.0%	(1,516,181)	-17.6%

KENTUCKY STATE UNIVERSITY

Education and General Expenses/Transfers by Natural Classification

For the Period from 7.1.24 to 08.31.25 With Comparative Prior Year Data

With Comparative Prior Year Data

	2026				2025				FY26 minus FY25
	Actual - August				Actual - August				Actual	% Change
	Budget	2025	Actual - YTD	%	Budget	2024	Actual - YTD	%	Actual	% Change
Expenses/Transfers
Salaries and Wages	13,732,000	1,048,308	2,596,318	18.9%	11,642,600	2,209,609	3,236,709	27.8%	(640,391)	-19.8%
Benefits	5,725,800	456,037	1,065,513	18.6%	6,416,200	600,857	1,082,397	16.9%	(16,884)	-1.6%
Contracted Services	1,300,000	491,494	559,266	43.0%	3,000,000	79,554	89,294	3.0%	469,972	526.3%
Operating	7,882,916	1,082,789	1,335,037	16.9%	4,866,900	3,462,412	3,991,207	82.0%	(2,656,170)	-66.6%
Utilities	2,381,263	724,912	866,547	36.4%	5,200,000	205,433	215,762	4.1%	650,785	301.6%
Transfers	3,687,621	-	676,507	18.3%	3,353,000	-	-		676,507	676,507.0%
Total Expenses and Transfers3	34,709,600	3,803,540	7,099,188	20.5%	34,478,700	6,557,865	8,615,369	25.0%	(1,516,181)	-17.6%

Footnotes

1Gross student tuition and fees actual reflects amount billed in Banner.

2Uncollected rate is of 9/2/25.

3Actuals are presented on the modified cash basis of accounting. KSU maintains its accounting system on the accrual-basis of accounting as required by Generally Accepted Accounting Principles (GAAP). For the month ended 8/31/2025, the accounting system included accounts payable totaling 2,410,984 which includes invoices not processed under a purchase order of 869,708.