Education and Labor Proprietary Education

Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
Restricted Funds
Balance Forward780,057778,086916,800801,400694,300
Current Receipts405,573433,387435,200435,200435,200
Total Restricted Funds1,185,6301,211,4731,352,0001,236,6001,129,500
TOTAL SOURCE OF FUNDS1,185,6301,211,4731,352,0001,236,6001,129,500
EXPENDITURES BY CLASS
Personnel Costs370,966242,300445,900439,300444,300
Operating Expenses36,57952,385104,700103,000103,000
TOTAL EXPENDITURES407,544294,685550,600542,300547,300
EXPENDITURES BY FUND SOURCE
Restricted Funds407,544294,685550,600542,300547,300
TOTAL EXPENDITURES407,544294,685550,600542,300547,300
EXPENDITURES BY UNIT
Proprietary Education407,544294,685550,600542,300547,300
TOTAL EXPENDITURES407,544294,685550,600542,300547,300

The Kentucky Commission on Proprietary Education was established by action of the 2012 Kentucky General Assembly; it replaced the Board of Proprietary Education. The 11-member commission is charged with licensing and regulating all proprietary schools, doing business in Kentucky, other than those that offer a four year bachelor's degree. The duties of the Commission include issuing and renewing licenses to eligible proprietary schools, investigating complaints from students and schools, and administering and enforcing the provisions of KRS Chapter 165A pertaining to the conduct, operation, maintenance, and establishment of proprietary education institutions and the activities of agents of the schools.

The Commission also administers the Student Protection Fund. Each licensed school is obligated to contribute to the fund which reimburses eligible students in the event a school closes, loses its accreditation, or discontinues a program.

Policy

The Governor's budget includes additional funding in the amount of $3,700 in fiscal year 2027 and $7,600 in fiscal year 2028 to fund a 2% salary increment in fiscal year 2027 and an additional 2% in fiscal year 2028.