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Governor’s FY2026 wrap‑up: $1.759 billion budget, big federal inflows and continued focus on vendor payables and insurance choices

5601256 · August 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

OMB presented a fiscal wrap‑up showing a proposed FY2026 government budget of about $1.759 billion, a large share from federal disaster and recovery funds, persistent vendor payables of roughly $50 million and an upcoming decision on employee health‑plan changes that would shift deductibles and introduce an HRA.

Director Julia A. Reimer and the governor’s financial team presented a FY2026 executive budget wrap‑up to the Senate Budget Committee on Aug. 19 that showed a proposed government‑wide spending plan of roughly $1.759 billion and highlighted a large rise in federal funding for disaster recovery projects.

Top‑line figures and federal inflow Reimer described the FY2026 package as combining a general fund component, other appropriated funds, federal funds (notably disaster recovery awards) and non‑appropriated funds. The combined sum is approximately $1.759 billion (about $936.4M general fund, $68.8M other appropriated funds, $691.9M federal funds and $62.5M non‑appropriated). The administration said a substantial portion of the federal increase reflects disaster recovery and hazard mitigation awards—some obligations will be executed by the Office of Disaster Recovery and related program offices in FY2026.

Vendor payables and cash position Reimer told senators that central government vendor payables totaled about $50.1 million as of Aug. 8, 2025, with roughly $41 million tied…

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