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THEC committee approves FY2025–26 operating recommendations, including $40M for outcomes-based funding
Summary
The Tennessee Higher Education Commission’s Finance and Operations Committee approved FY2025–26 operating appropriation recommendations that include a $40 million increase for the outcomes-based funding formula, specialized unit and statewide initiative requests, and a $35 million nonrecurring cybersecurity line.
The Tennessee Higher Education Commission Committee on Finance and Operations on the University of Memphis Lambuth Campus approved FY2025–26 operating appropriation recommendations, including a $40,000,000 request for the outcomes-based funding formula.
Russell Van Zomeran, Senior Director of Fiscal Policy, told commissioners the $40,000,000 request reflects improved outcomes and represents “about a 2.5% increase in appropriations for our formula units.” He also outlined other line…
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