Postsecondary Education
Postsecondary Education
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
General Fund
Regular Appropriation1,440,555,7001,513,695,6001,492,094,3001,479,311,3001,482,942,600
State Salary and Compensation Allocation249,000
Special Appropriation10,000,000
Current Year Appropriation4,107,500
Continuing Approp-General Fund43,503,19714,571,32420,795,2003,772,7001,361,300
Budget Reduction-General Fund(619,300)
Reorganization Adjustment(1,799,700)
Other3,000,000
Total General Fund1,499,615,6971,528,266,9241,512,270,2001,483,084,0001,484,303,900
Tobacco Fund
Tobacco Settlement - Phase I6,250,0005,843,2006,250,0006,250,0005,480,300
Total Tobacco Fund6,250,0005,843,2006,250,0006,250,0005,480,300
Restricted Funds
Balance Forward16,948,51912,872,21931,688,40025,942,00015,629,400
Current Receipts8,682,354,8719,539,109,34711,016,606,60011,855,269,70012,734,531,500
Non-Revenue Receipts12,622,600114,652,584104,594,10039,122,10036,830,700
Total Restricted Funds8,711,925,9909,666,634,15111,152,889,10011,920,333,80012,786,991,600
Federal Fund
Balance Forward(572,810)(827,933)(2,600)
Current Receipts1,020,597,4841,086,265,8711,084,178,5001,123,312,5001,148,968,000
Total Federal Fund1,020,024,6741,085,437,9381,084,175,9001,123,312,5001,148,968,000
TOTAL SOURCE OF FUNDS11,237,816,36112,286,182,21313,755,585,20014,532,980,30015,425,743,800
EXPENDITURES BY CLASS
Personnel Costs5,227,616,3405,766,633,9806,059,495,4006,432,277,4006,839,536,200
Operating Expenses3,581,898,8013,973,260,9565,100,100,1005,499,457,1005,925,819,400
Grants Loans Benefits1,034,700,5431,054,924,0661,799,824,0001,759,625,9001,771,896,600
Debt Service267,464,635262,748,996252,165,400264,499,400268,582,300
Capital Outlay525,571,869554,226,468514,285,600560,129,800613,564,200
TOTAL EXPENDITURES10,637,252,18911,611,794,46713,725,870,50014,515,989,60015,419,398,700
EXPENDITURES BY FUND SOURCE
General Fund1,485,318,7771,504,525,7231,508,497,5001,481,722,7001,483,666,000
Tobacco Fund6,250,0005,843,2006,250,0006,250,0005,480,300
Restricted Funds8,124,830,8059,015,974,82911,126,947,10011,904,704,40012,781,284,400
Federal Fund1,020,852,6071,085,450,7141,084,175,9001,123,312,5001,148,968,000
TOTAL EXPENDITURES10,637,252,18911,611,794,46713,725,870,50014,515,989,60015,419,398,700
EXPENDITURES BY UNIT
Council on Postsecondary Education51,964,87533,434,89143,087,30040,070,30038,367,400
Kentucky Higher Education Assistance Authority409,462,339477,922,913524,342,200455,256,300455,526,100
Postsecondary Education Institutions10,175,824,97511,100,436,66313,158,441,00014,020,663,00014,925,505,200
TOTAL EXPENDITURES10,637,252,18911,611,794,46713,725,870,50014,515,989,60015,419,398,700
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