SENATE BUDGET AND APPROPRIATIONS COMMITTEE
STATEMENT TO
SENATE, No. 2026
STATE OF NEW JERSEY
DATED: JUNE 26, 2025
The Senate Budget and Appropriations Committee reports favorably Senate Bill No. 2026.
As reported, this bill appropriates $58,782,119,000 in State funds and $31,007,261,743 in federal funds for the State budget for Fiscal Year 2026. In accordance with the provisions of Article VIII, Section II, paragraph 2 of the New Jersey Constitution, the Fiscal Year 2026 appropriations bill identifies anticipated resources sufficient to meet project appropriations.
The following compares the recommendations of the Governor’s Fiscal Year 2026 revised budget proposal with that of the appropriations bill:
SUMMARY OF FY2026 APPROPRIATIONS
($ thousands)
|
Non-Federal Resources Available, All Funds |
Governor's Budget Message |
S-2026 |
|
|
|
|
|
Total Opening Balances July 1, 2025 |
$7,841,957 |
$8,475,678 |
|
Non-Federal Revenues Anticipated |
$56,807,671 |
$57,311,443 |
|
Total Non-Federal Resources Available |
$64,649,628 |
$65,787,121 |
|
Non-Federal Appropriations, All Funds |
Governor's Budget Message |
S-2026 |
|
Direct State Services |
$12,038,983 |
$12,022,496 |
|
Grants-in-Aid |
24,352,608 |
19,804,512 |
|
State Aid |
19,280,075 |
24,586,585 |
|
Debt Service |
529,134 |
529,134 |
|
Capital Construction |
1,853,492 |
1,839,392 |
|
Total |
$58,054,292 |
$58,782,119 |
|
Total Closing Balances, All Funds, June 30, 2026 |
$6,595,336 |
$7,005,002 |
SUMMARY OF APPROPRIATIONS BY DEPARTMENT
ALL FUNDS
($ thousands)
|
Appropriations |
Governor's Budget Message |
S-2026 |
|
Legislature |
$119,755 |
$127,245 |
|
Chief Executive |
$14,745 |
$14,745 |
|
Agriculture |
$131,761 |
$152,861 |
|
Banking and Insurance |
$65,263 |
$65,263 |
|
Children and Families |
$1,449,156 |
$1,488,624 |
|
Community Affairs |
$976,685 |
$1,185,253 |
|
Corrections |
$1,219,826 |
$1,248,526 |
|
Education |
$21,494,074 |
$21,576,707 |
|
Environmental Protection |
$485,188 |
$488,957 |
|
Health |
$1,389,830 |
$1,499,519 |
|
Human Services |
$10,259,848 |
$10,414,739 |
|
Labor and Workforce Development |
$214,790 |
$217,965 |
|
Law and Public Safety |
$981,721 |
$991,851 |
|
Military & Veterans' Affairs |
$129,253 |
$131,253 |
|
State |
$1,877,238 |
$2,063,097 |
|
Transportation |
$2,650,848 |
$2,601,795 |
|
Treasury |
$5,356,264 |
$5,359,888 |
|
Debt Service |
$529,134 |
$529,134 |
|
Misc. Executive Commissions |
$994 |
$994 |
|
Interdepartmental |
$7,779,605 |
$7,695,389 |
|
Judiciary |
$928,314 |
$928,314 |
|
TOTAL |
$58,054,392 |
$58,782,119 |
FISCAL IMPACT:
This bill has not been certified as requiring a fiscal note.