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OMB requests $6.4M in general fund for FY2026 and proposes in‑house fiscal responsibility unit to replace party fiduciary
Summary
The Office of Management and Budget requested $6.4 million in general fund support for FY2026 and outlined plans to create a fiscal responsibility unit to assume party fiduciary functions and improve grant compliance, indirect cost management and agency turnaround work.
Julio A. Reimer Sr., director of the Office of Management and Budget, testified on June 10, 2025 that OMB’s FY2026 general fund request is $6,400,000 and the office will continue to manage federal grants and single audit responsibilities. Reimer told the committee that the FY2026 package includes a $500,000 addition to establish a Fiscal Responsibility Unit that is intended to replace external party‑fiduciary oversight by October 1, 2025.
Why it matters: OMB’s proposed unit will take a central role in ensuring federal and local compliance, drawing federal funds on time and addressing repeated audit findings across agencies. The office also manages several federal awards that drive capital and recovery spending in the territory.
Key components of the request and programs - Budget mix: $6.4M general fund request; additional indirect cost and federal grant balances shown separately (OMB presented a $27.1M BEAD allocation and a $10.02M EDA economic adjustment award as part of the federal portfolio).
