| Postsecondary Education |
| Council on Postsecondary Education |
| Actual FY 2024 | Actual FY 2025 | Revised FY 2026 | Recommended FY 2027 | Recommended FY 2028 |
| SOURCE OF FUNDS | | | | | |
| General Fund | | | | | |
| Regular Appropriation | 17,871,800 | 22,452,900 | 17,920,500 | 13,981,800 | 17,613,100 |
| State Salary and Compensation | 249,000 | | | | |
| Special Appropriation | 10,000,000 | | | | |
| Current Year Appropriation | 2,000,000 | | | | |
| Continuing Approp-General Fund | 1,093,583 | 2,000,000 | 7,143,300 | 2,058,000 | 58,000 |
| Budget Reduction-General Fund | | | (439,300) | | |
| Total General Fund | 31,214,383 | 24,452,900 | 24,624,500 | 16,039,800 | 17,671,100 |
| Tobacco Fund | | | | | |
| Tobacco Settlement - Phase I | 6,250,000 | 5,843,200 | 6,250,000 | 6,250,000 | 5,480,300 |
| Total Tobacco Fund | 6,250,000 | 5,843,200 | 6,250,000 | 6,250,000 | 5,480,300 |
| Restricted Funds | | | | | |
| Balance Forward | 1,622,940 | 1,701,897 | 1,969,200 | 1,496,300 | 575,700 |
| Current Receipts | 881,021 | 2,061,538 | 4,775,900 | 4,725,000 | 4,758,400 |
| Non-Revenue Receipts | 2,489,179 | 2,233,842 | 2,951,200 | 6,064,100 | 3,756,500 |
| Total Restricted Funds | 4,993,140 | 5,997,277 | 9,696,300 | 12,285,400 | 9,090,600 |
| Federal Fund | | | | | |
| Balance Forward | (333,506) | (690,040) | (2,600) | | |
| Current Receipts | 13,251,187 | 7,194,899 | 6,073,400 | 6,128,800 | 6,190,100 |
| Total Federal Fund | 12,917,681 | 6,504,859 | 6,070,800 | 6,128,800 | 6,190,100 |
| TOTAL SOURCE OF FUNDS | 55,375,204 | 42,798,236 | 46,641,600 | 40,704,000 | 38,432,100 |
| EXPENDITURES BY CLASS | | | | | |
| Personnel Costs | 12,601,183 | 13,037,133 | 12,924,600 | 12,717,200 | 12,950,100 |
| Operating Expenses | 2,137,974 | 2,737,159 | 2,318,400 | 2,284,000 | 2,249,700 |
| Grants Loans Benefits | 33,886,915 | 17,660,600 | 27,844,300 | 25,069,100 | 23,167,600 |
| Debt Service | 3,224,000 | | | | |
| Capital Outlay | 114,803 | | | | |
| TOTAL EXPENDITURES | 51,964,875 | 33,434,891 | 43,087,300 | 40,070,300 | 38,367,400 |
| EXPENDITURES BY FUND SOURCE | | | | | |
| General Fund | 28,815,911 | 17,056,095 | 22,566,500 | 15,981,800 | 17,671,100 |
| Tobacco Fund | 6,250,000 | 5,843,200 | 6,250,000 | 6,250,000 | 5,480,300 |
| Restricted Funds | 3,291,243 | 4,028,125 | 8,200,000 | 11,709,700 | 9,025,900 |
| Federal Fund | 13,607,721 | 6,507,471 | 6,070,800 | 6,128,800 | 6,190,100 |
| TOTAL EXPENDITURES | 51,964,875 | 33,434,891 | 43,087,300 | 40,070,300 | 38,367,400 |
| EXPENDITURES BY UNIT | | | | | |
| Agency Operations | 7,076,136 | 9,163,157 | 10,947,700 | 10,931,100 | 11,067,300 |
| Licensure | 427,195 | 500,000 | 600,000 | 610,900 | 618,900 |
| Pass Through Programs | 22,520,224 | 12,012,676 | 12,810,100 | 12,524,800 | 12,524,800 |
| Federal Programs | 10,531,907 | 4,495,581 | 5,041,300 | 5,258,300 | 6,190,100 |
| Strategic Investment and Incentive Funding Program | 11,409,413 | 7,263,477 | 13,688,200 | 10,745,200 | 7,966,300 |
| TOTAL EXPENDITURES | 51,964,875 | 33,434,891 | 43,087,300 | 40,070,300 | 38,367,400 |