Higher Education

 

 

Higher education institutions, such as state universities, community colleges, institutes of technology, vocational schools, trade schools, and career colleges, receive funding support through state budgets. In fiscal 2011, state expenditures for higher education purposes totaled $170.4 billion, 10.1 percent of total state spending, down from over 13.0 percent in 1998. Despite increased state spending and federal initiatives to make higher education more affordable, tuition and fees at many four-year public institutions continue a rapid rise.

Staff Contact: Kathryn Vesey White

NASBO Publications

  • Budget Processes in the States highlights key budget issues, demonstrating the diversity in state budgeting practices. The budget process is the arena in which a state determines public priorities by allocating financial resources among competing claims. The report chapters are organized around particular topical areas: the budget cycle, budget requirements, budgeting tools, the budget document, and monitoring the budget. Data for this report were collected from the fifty states during fiscal 2008.