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OFM outlines governor's proposed 2026 supplemental budget, emphasizes targeted cuts and BSA drawdown
Summary
Office of Financial Management director Katie Chapman presented the governor's proposed 2026 supplemental operating budget to the House Appropriations Committee, describing $2.3 billion in two‑year adjustments, spending reductions, revenue shifts and a plan to use the Budget Stabilization Account to limit harm to critical services.
The House Appropriations Committee heard a briefing on the governor's proposed 2026 supplemental operating budget Thursday, with Katie Chapman, director of the Office of Financial Management, laying out the fiscal framework and the administration's policy choices.
Chapman told the committee that since enactment of the biennial budget the state has seen rising enrollments and caseloads in long‑term care, childcare and special education and a near‑general‑fund decline of about $390 million for the 2025–27 period. "We've continued to see increases in enrollments and caseloads across many of our programs," she said, describing inflationary and federal policy pressures as drivers of added costs.
The governor's supplemental…
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