As college completion becomes a priority, more state legislatures are challenging community colleges to demonstrate progress by tying funding measures to institutional performance. Tom Harnisch, a policy analyst with the American Association of State Colleges and Universities, reports that 17 states are currently implementing or considering the use of performance-based funding measures. States are not only returning to the idea of performance funding, many are doubling down on the bet that such metrics will significantly increase the productivity of their higher education systems and improve college completion. As the stakes rise, so does the importance of getting it right. Recent research by Dougherty and Reddy and others has identified a number of considerations when developing a performance-based funding system for higher education. Some of the most relevant of these factors for community colleges include: (1) Identify the Proper Metrics; (2) Take the Institutional Mission into Account; (3) Incentivize Completion by Disadvantaged Students; (4) Recognize Interim Measures; (5) Provide Stable Funding; and (6) Obtain "Buy-In" from Key Constituencies.