Texas adjusted performance-based funding formulas for community colleges after outcomes outpaced what lawmakers budgeted. Following three years of a funding model intended to reward graduation gains—especially for high-need students—Texas Higher Education Coordinating Board officials trimmed incentives that trigger additional dollars when colleges graduate low-income students and adult learners. The change reflects a mismatch between student success results and legislative appropriation levels. For colleges, it likely means less revenue certainty tied to completion metrics, even as they continue serving rising numbers of adult and high-need learners. Board and institutional leaders will need to reforecast budgets built on performance triggers and revisit whether current completion interventions can be sustained without the prior bonus structure—particularly for advising and student-support staffing tied to graduation metrics.