Legislative Finance Committee unveils FY27 budget framework with $11.1 billion recurring, targeted investments

Jan 7, 2026

The Legislative Finance Committee presented its FY27 budget framework, proposing a 2.5% recurring increase (about $11.1 billion) that prioritizes health insurance, education, water, transportation bonding and targeted economic development funds while preserving reserves for potential federal cuts.

The full story

The Legislative Finance Committee on the opening day of 2026 presented the beginning of its FY27 budget recommendation, proposing a 2.5% recurring increase that the committee chair said amounts to “almost an $11,100,000,000 budget on a recurring level” and prioritizes health insurance, natural resources and education.

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