Senate adopts $2026–27 budget with big boosts for K‑12, property tax relief and long‑term care

The Senate adopted the conference committee report on Senate Bill 1, the statebiennial budget for fiscal 202627, after conferees laid out changes negotiated with the House and senators discussed key allocations.

Senator Huffman moved adoption of the conference committee report for Senate Bill 1 and described the package as a budget that “falls within all constitutional and statutory spending limits and meets the needs of our rapidly growing state.”

The budget increases funding for public education, provides property tax relief and directs new money toward public safety, infrastructure, health and human services and workforce programs.

The conference report includes an additional $13,600,000,000 in all funds for the Foundation School Program (FSP) over the current biennium, funding labeled by conferees as the largest single increase for public education in state history. The report also increases property tax relief measures: conferees said the plan adds about $10,000,000,000 in new property tax relief in the biennium and that cumulative, ongoing relief tied to prior actions would total roughly $51,000,000,000 for the 202627 biennium. The package raises the…