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