ASSEMBLY BUDGET COMMITTEE
STATEMENT TO
ASSEMBLY, No. 5327
STATE OF NEW JERSEY
DATED: JUNE 28, 2026
The Assembly Budget Committee reports favorably Assembly Bill No. 5327.
As reported, this bill appropriates $60,743,569,000 in State funds and $30,495,124,195 in federal funds for the State budget for Fiscal Year 2027. In accordance with the provisions of Article VIII, Section II, paragraph 2 of the New Jersey Constitution, the Fiscal Year 2027 appropriations bill identifies anticipated resources sufficient to meet projected appropriations.
The following compares the recommendations of the Governor’s Fiscal Year 2027 revised budget proposal with that of the appropriations bill.
SUMMARY OF FY2027 APPROPRIATIONS
($ thousands)
|
Non-Federal Resources Available, All Funds |
Governor's Budget Message |
A-5327 |
|
|
|
|
|
Total Opening Balances July 1, 2026 |
$7,258,529 |
$7,681,533 |
|
Non-Federal Revenues Anticipated |
$59,063,905 |
$59,352,074 |
|
Total Non-Federal Resources Available |
$66,322,434 |
$67,033,607 |
|
Non-Federal Appropriations, All Funds |
Governor's Budget Message |
A-5327 |
|
Direct State Services |
$12,527,322 |
$12,523,929 |
|
Grants-in-Aid |
20,952,880 |
20,911,242 |
|
State Aid |
24,799,277 |
24,859,309 |
|
Capital Construction |
1,919,899 |
1,919,899 |
|
Debt Service |
529,190 |
529,190 |
|
Total |
$60,728,568 |
$60,743,569 |
|
Total Closing Balances, All Funds, June 30, 2027 |
$5,593,866 |
$6,031,121 |
SUMMARY OF APPROPRIATONS BY DEPARTMENT
ALL FUNDS
($ thousands)
|
Appropriations |
Governor's Budget Message |
A-5327 |
|
Legislature |
$120,255 |
$124,093 |
|
Chief Executive |
$14,745 |
$14,745 |
|
Agriculture |
$131,093 |
$136,787 |
|
Banking and Insurance |
$79,417 |
$79,417 |
|
Children and Families |
$1,491,937 |
$1,550,088 |
|
Community Affairs |
$1,115,302 |
$1,228,167 |
|
Corrections |
$1,323,825 |
$1,330,075 |
|
Education |
$21,821,551 |
$21,800,104 |
|
Environmental Protection |
$501,257 |
$506,382 |
|
Health |
$1,422,430 |
$1,459,033 |
|
Human Services |
$11,419,953 |
$11,166,718 |
|
Labor and Workforce Development |
$212,332 |
$213,732 |
|
Law and Public Safety |
$1,005,857 |
$1,010,407 |
|
Military Affairs |
$12,946 |
$11,666 |
|
State |
$1,941,955 |
$2,002,095 |
|
Transportation |
$2,851,061 |
$2,872,436 |
|
Treasury |
$5,694,428 |
$5,682,362 |
|
Veterans Affairs |
$140,906 |
$144,306 |
|
Debt Service |
$529,190 |
$529,190 |
|
Misc. Executive Commissions |
$994 |
$994 |
|
Interdepartmental |
$7,935,993 |
$7,919,631 |
|
Judiciary |
$961,141 |
$961,141 |
|
TOTAL |
$60,728,568 |
$60,743,569 |
FISCAL IMPACT:
This bill is not certified as requiring a fiscal note.