Budget account 1083

Treasurer - Higher Ed Tuition Trust - Non-Exec

Treasurer - Higher Ed Tuition Trust - Non-Exec spent $17.6 million in FY2026 — 67% of a $26.4 million budget. It ranks 117 of the state's 587 budget accounts, less than 1% of all state spending.

That is about the same as in FY2025 ($17.6 million).

Spent FY2026: $17.6 million$17,605,010
Budget FY2026: $26.4 millionplus $265 million held in reserve
Share of budget spent: 67%Spent ÷ budget
Change from FY2025: −0.1%FY2025: $17.6 million

95.8% of Treasurer - Higher Education Tuition spending.

Spent each year, FY2006 onwards · dashed line: budgetBudget account 1083, looked up by its code in every year.

Year

Compare with

Where the money went

Explore Treasurer - Higher Ed Tuition Trust - Non-Exec by category: select a block to go a level deeper, or switch views. Totals leave out reserves, pass-through accounts and money paid on to other state accounts.

Budget vs spent, by category

6 categories. The largest, Tuition Payments, accounts for 77% of the total.

Categories of Treasurer - Higher Ed Tuition Trust - Non-Exec, FY2026
Category	Spent FY2026	Budget FY2026	% of budget spent	Share
Tuition Payments13

Spent and budget each fiscal year
Fiscal year	Spent	Budget
FY2006	$2.71 million	Not available
FY2007	$3.78 million	Not available
FY2008	$4.92 million	Not available
FY2009	$6.36 million	Not available
FY2010	$7.04 million	$116 million
FY2011	$7.91 million	$126 million
FY2012	$8.31 million	$136 million
FY2013	$9.19 million	$11.0 million
FY2014	$10.0 million	$11.7 million
FY2015	$11.0 million	$16.5 million
FY2016	$12.7 million	$33.9 million
FY2017	$12.7 million	$18.3 million
FY2018	$13.7 million	$15.8 million
FY2019	$14.1 million	$17.8 million
FY2020	$15.1 million	$23.2 million
FY2021	$14.3 million	$23.2 million
FY2022	$14.6 million	$23.8 million
FY2023	$15.9 million	$23.2 million
FY2024	$13.6 million	$283 million
FY2025	$17.6 million	$36.3 million
FY2026	$17.6 million	$26.4 million
FY2027	See note	$24.4 million

Contract Cancellation Refunds14	$3.84 millionof $6.00 million	$6.00 million	64%	21.8%

Operating04	$141 thousandof $250 thousand	$250 thousand	56%	0.8%

Contract Rollover Payments15	$126 thousandof $211 thousand	$211 thousand	60%	0.7%

Contract Promotion17	None recordedof $75.0 thousand	$75.0 thousand	—	—

Contract Roth Ira Rollover16	None recordedof $70.0 thousand	$70.0 thousand	—	—

Spent each year by categories
Fiscal year	Tuition Payments	Contract Cancellation Refunds	Operating	Contract Rollover Payments	Other (2)	Budget
FY2006	$1.85 million	$849 thousand	—	$13.7 thousand	—	—
FY2007	$2.63 million	$1.10 million	—	$47.5 thousand	—	—
FY2008	$3.11 million	$1.39 million	$424 thousand	—	—	—
FY2009

Funding sources by group and revenue ledger code, FY2026 budget
Group	Revenue ledger	Legislature approved	Current budget
Contributions	$0	$21.8 million
OF	4240 Contributions	$0	$21.8 million
Interest Income	$0	$12.0 million
OF	4331 Interest Income	$0	$12.0 million
Investment Gain	$0	$5.00 million
OF	4344 Investment Gain

Budget journey for FY2026: each step and the running total
Step	Amount	Running total
Governor recommended	$0	$0
Changes made by the Legislature	+$0= $0	$0
Legislature approved	$0	$0
Accounts outside the operating budget	+$26.4 million= $26.4M	$26.4 million
Current budget	$26.4 million	$26.4 million

FY2010	$4.65 million	$1.95 million	$423 thousand	$18.0 thousand	—	$116 million

FY2011	$5.40 million	$1.96 million	$521 thousand	$28.8 thousand	—	$126 million

FY2012	$6.13 million	$1.61 million	$546 thousand	$15.3 thousand	—	$136 million

FY2013	$7.30 million	$1.66 million	$234 thousand	—	—	$11.0 million

FY2014	$8.16 million	$1.72 million	$120 thousand	$4.4 thousand	—	$11.7 million

FY2015	$8.92 million	$1.84 million	$156 thousand	$102 thousand	—	$16.5 million

FY2016	$10.1 million	$2.32 million	$144 thousand	$102 thousand	—	$33.9 million

FY2017	$10.4 million	$2.00 million	$168 thousand	$110 thousand	—	$18.3 million

FY2018	$11.2 million	$2.27 million	$163 thousand	$51.1 thousand	—	$15.8 million

FY2019	$11.4 million	$2.47 million	$163 thousand	$51.2 thousand	—	$17.8 million

FY2020	$12.0 million	$2.80 million	$143 thousand	$165 thousand	—	$23.2 million

FY2021	$11.5 million	$2.41 million	$137 thousand	$258 thousand	—	$23.2 million

FY2022	$11.2 million	$2.98 million	$340 thousand	$48.9 thousand	—	$23.8 million

FY2023	$11.9 million	$3.60 million	$333 thousand	$62.1 thousand	—	$23.2 million

FY2024	$9.65 million	$3.82 million	$146 thousand	$12.8 thousand	$0	$283 million

FY2025	$13.2 million	$4.43 million	minus $15.6 thousand	$9.5 thousand	—	$36.3 million

FY2026	$13.5 million	$3.84 million	$141 thousand	$126 thousand	—	$26.4 million

FY2027	—	—	—	—	—	$24.4 million

Fees, licences and tuition	$0	$105 thousand
OF	3775 Closure Fee	$0	$55.0 thousand
OF	3717 Application Fees	$0	$50.0 thousand

Fees, licences and tuition

3775 Closure Fee

3717 Application Fees

Everything else	$0	$300 thousand
OF	4326 Treasurer's Interest Distrib	$0	$300 thousand

Everything else

4326 Treasurer's Interest Distrib

Carried over from last year · not new money	$0	$253 million
BF	2511 Balance Forward From Previous Year	$0	$253 million

Carried over from last year · not new money

2511 Balance Forward From Previous Year

Treasurer - Higher Ed Tuition Trust - Non-Exec

Where the money went

Budget vs spent, by category

Over time

Who pays for it

How the FY2026 budget got here

Notes