Postsecondary Education Council on Postsecondary Education Agency Operations
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
General Fund
Regular Appropriation6,273,4006,318,5006,544,1002,832,3006,430,000
State Salary and Compensation249,000
Current Year Appropriation2,000,000
Continuing Approp-General Fund2,000,000
Budget Reduction-General Fund(196,400)
Total General Fund8,522,4008,318,5006,347,7002,832,3006,430,000
Restricted Funds
Balance Forward895,693614,2371,066,100771,300397,800
Current Receipts272,3321,546,5014,305,2004,248,0004,275,500
Non-Revenue Receipts3,477,300
Total Restricted Funds1,168,0252,160,7385,371,3008,496,6004,673,300
TOTAL SOURCE OF FUNDS9,690,42510,479,23811,719,00011,328,90011,103,300
EXPENDITURES BY CLASS
Personnel Costs5,872,3497,577,7737,453,7007,451,7007,587,900
Operating Expenses1,088,9841,583,2731,002,400998,500998,500
Grants Loans Benefits2,1112,491,6002,480,9002,480,900
Capital Outlay114,803
TOTAL EXPENDITURES7,076,1359,163,15710,947,70010,931,10011,067,300
EXPENDITURES BY FUND SOURCE
General Fund6,522,3488,068,5006,347,7002,832,3006,430,000
Restricted Funds553,7881,094,6574,600,0008,098,8004,637,300
TOTAL EXPENDITURES7,076,1369,163,15710,947,70010,931,10011,067,300

The Agency Operations program provides administrative support and governance for the organization. Activities of the professional staff include review of academic programs, admission standards, tuition rates, and credit transfer procedures; research and data analysis; financial management and strategic planning; and aligning higher education initiatives with workforce needs. Also included in this budget are the business functions of the agency such as human resources, communications, budget, accounting, and purchasing, as well as board relations.