Budget formulas used by states for state-supported colleges and universities are described, along with budgeting guidelines. A comparative analysis of the budget formulas in use in 1979-1980 reveals the similarities and differences in design among 19 states. Functional areas of expenditure used in the formula calculation are also compared for each state, including instruction and academic support, libraries, student services, institutional support, research and public service, and physical plant operation. For each state and functional area, information is also provided on formula methods for developing requests, including line items, base factors, formula factors, and the method of calculation. Descriptions of individual budget formulas for four-year institutions are provided for the following 19 states: Alabama, Arkansas, Colorado, Florida, Georgia, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, and Washington. Separate formulas for community colleges and technical institutes reported by nine states are also described. State guidelines and other nonformula, budget development practices are also covered. (SW)