Postsecondary Education
Postsecondary EducationFund
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
General Fund
Regular Appropriation97,307,100105,000,000115,000,000
Postsecondary Ed Performance(97,307,100)(105,000,000)(115,000,000)
Total General Fund
TOTAL SOURCE OF FUNDS
EXPENDITURES BY CLASS
Operating Expenses
TOTAL EXPENDITURES
EXPENDITURES BY FUND SOURCE
General Fund
TOTAL EXPENDITURES
The 2017 General Assembly enacted Senate Bill 153, now codified in KRS 164.092, which established a comprehensive funding model for Kentucky's public postsecondary education system to distribute resources based on rational criteria, including student success, course completion, and operational support components. The first allocation from the Postsecondary Education Performance Fund was made in fiscal year 2018.
Policy
The Governor's budget recommends that the fiscal year 2026 distribution of the Postsecondary Education Performance Fund remain in each institution's base General Fund appropriation in fiscal years 2027 and 2028 to provide budget certainty for the institutions.
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