Total full time equivalent students (FTES)for 2026 is 8,706.09.

Reviewed Governor’s P1 Apportionment and state funding model

FY 2025-2026 Final TCR will be $81.1M. That is about $900,000 higher than projected which will result in a deficit of approximately $5 M.

The three values are:

• Base Allocation Breakdown will be $55.3 M
• Supplemental Allocation Breakdown will be $13.5M
• Student Success Allocation Breakdown will be $9 M
  The current deficit factor is estimated at 3.03% although it is typically
  resolved by year end. The proposal to realign the RAC with the Budget Council has gone to the
  Senate.
  
  In May:
• The Governor’s May Revision will be presented to the Budget
  Council.
• The current year’s Revised Adopted Budget and next year’s
  Tentative Budget will be presented to the Board of Trustees for
  approval.

College Council’s next meeting is April 20, 2026

Board of Trustees will meet on April 21, 2026

Respectfully Submitted, Cary Gray
CGray@HancockCollege.edu