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Lieutenant Governor’s Office seeks $7.74 million as divisions report $132.6 million projected revenue for FY2026
Summary
The Office of the Lieutenant Governor presented a $7,743,246 general fund request and described FY2024–FY2026 revenue collections and projections, staffing levels, and key program priorities during the July 25 Committee on Budget, Appropriations and Finance hearing.
Senator Novelli Francis Jr., chair of the Committee on Budget, Appropriations and Finance, heard the Office of the Lieutenant Governor present its fiscal year (FY) 2026 budget request on July 25 at the Earl B. Ottley Legislative Hall. Acting Chief of Staff Nadia D. Harrigan testified that the office requests $7,743,246 in general fund support for FY2026 and anticipates funding for at least 91 positions tied to that request.
The Lieutenant Governor’s Office (LGO) reported total revenue collections of $124,303,898.92 for FY2024 and $74,939,992.72 plus $1,282,024 in money transmission fees for FY2025 to date. LGO projected FY2026 revenue of $128,829,263 in traditional collections and $3,780,000 in money transmission fees for a combined projection of $132,609,263.
Harrigan summarized the LGO’s core functions — business licensing and regulation, recording land records, geospatial data, passport acceptance, notary regulation, tax assessment and collection, and consumer protection through securities and insurance oversight — and emphasized that those divisions rank LGO as the territory’s second-largest revenue-generating agency. She told the committee the FY2026 request represents a 7.74% increase over the FY2025 budget and would fund ongoing operations across divisions.
Senators questioned the timing of allotments and the proportion of federal and special fund revenue. LGO staff said some divisions receive federal pass-through grants (for example, GIS via VITEMA and the Housing Finance Authority) while VISHIP/Medicare is a direct federal grantee. Senators also asked about vendor payments, outstanding vendor balances, rental/lease costs and the status of facility moves tied to the office’s recent property purchase.
The presentation included division-level accomplishments and goals, including revenue modernization efforts, continued implementation of the money transmission fee enacted by Act Number 89‑36, and digital platforms for unclaimed property and corporate filings. LGO officials asked the committee for favorable review and indicated they were prepared to answer follow-up questions and to provide additional breakout numbers on vendor liabilities and allotment timing.
The committee did not take a formal vote during the hearing; staff answered questions and committed to follow-up data on vendor payments and specific line-item allotments.
