2024 State of the College Report

Providing the financial foundation…

FY 2024 included the first increase in State support for operations in over a decade.

Operating Budget FY 2008 – FY 2024 (Projection)

45,000,000

40,000,000

COVID

Enrollment Expansion

Global Financial Crisis

35,000,000

State Support = $11.32M 1 st increase in 12 yrs.

30,000,000

25,000,000

Revenue

Expense

State Support = $9.81M

State Support = $12.73M

20,000,000

fY 2015

FY 2008

FY 2009

FY 2010

FY 2011

FY 2012

FY 2013

FY 2014

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024 Proj.

Note: Does not include Research Foundation Revenues & Expenses or Capital Investment