General Fund Budget Projections

Owner	Administration and Finance
Posted	February 10, 2026

Fiscal Years 2026 - 2028

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Fiscal year 2026 reflects approved budget

Revenue

	Fiscal Year 2026	Fiscal Year 2027	Fiscal Year 2028
Tuition and fees	$143,131,751	$146,354,689	$148,196,317
State appropriation	$62,409,089	$63,031,179	$64,275,836
Investment income	$2,014,400	$2,014,400	$2,014,400
Other revenue	$3,564,150	$3,373,751	$3,417,802
TOTAL REVENUE	$211,119,390	$214,774,019	$217,904,355

Expenditures

Compensation

	Fiscal Year 2026	Fiscal Year 2027	Fiscal Year 2028
Salaries	$109,009,313	$110,954,036	$113,330,658
Benefits	$38,041,362	$39,934,722	$41,670,017
Total Compensation	$147,050,675	$150,888,758	$155,000,676

Operating Expenses

	Fiscal Year 2026	Fiscal Year 2027	Fiscal Year 2028
Supplies	$7,718,387	$7,718,387	$8,509,522
Travel	$4,467,521	$4,690,897	$4,925,442
Contracts and services	$14,770,383	$15,508,902	$16,284,347
Maintenance and repairs	$1,423,836	$1,582,952	$3,417,802
Equipment and plant	$496,800	$1,014,850	$659,450
Building and land	$0	$0	$0
Student assistance and scholarships	$28,583,618	$28,583,618	$28,538,618
Student loan costs	$0	$0	$0
Utilities	$4,664,585	$4,763,996	$4,865,795
Total Operating Expenses	$62,125,130	$64,249,522	$65,403,458

Transfers

	Fiscal Year 2026	Fiscal Year 2027	Fiscal Year 2028
Transfers in	$(6,703,826)	$(5,457,961)	$(5,457,961)
Transfers out	$8,647,410	$5,093,701	$2,958,182
Total Net Transfers	$1,943,584	$(364,260)	$(2,499,779)

Totals

	Fiscal Year 2026	Fiscal Year 2027	Fiscal Year 2028
Total Expenditures	$211,119,389	$214,774,019	$217,904,355
Total Revenue	$211,119,390	$214,774,019	$217,904,355
Net Budget Surplus/(Deficit)	$0	$0	$0

Annual Student credit Hours

	Fiscal Year 2026	Fiscal Year 2027	Fiscal Year 2028
Total SCH's	245,589	248,045	250,525