The fourth in a series of analytical studies of the financing of community colleges in the United States, this report provides information for the 38 states which accounted for more than 95% of the total Fall 1978 community college enrollment. Data indicate that allocation of funds to community colleges still follows four traditional patterns and procedures: (1) negotiated budgets, where state support is based on an annual (or biennial) negotiation between colleges and state funding agencies; (2) unit rate formulas, where funding is made on the basis of a formula specifying a stated number of dollars per a selected unit, e.g., full-time equivalents (FTE's), credit hours, or other output measure; (3) minimum foundation funding, a variable allocation where state funds are modified by local tax yield deducted from a predetermined total; and (4) cost-based program funding. Allocation of funds in this category is based upon differential amounts related to cost centers. The analysis presented here indicates a wide range in the level of support per FTE, from a low of $1,010 in South Carolina to a high of $2,634 in Wisconsin. The average cost for the 34 states reporting level of support per FTE is $1,813. A state-by-state analysis of funding amounts and procedures is provided and relevant data are presented in tables. (Author/DR)