The bill appropriates a total of $58,782,119,000 in State funds and $31,007,261,743 in federal funds for the fiscal year 2026 budget, detailing allocations across various departments and programs. It establishes provisions for "Direct State Services" and "Grants-in-Aid," allowing for the appropriation of unexpended balances from previous fiscal years for ongoing programs, subject to the approval of the Director of the Division of Budget and Accounting. The bill emphasizes the importance of oversight and accountability in the allocation of state resources, mandating updates on pre-encumbrances and requiring compliance with established best practices for fiscal management.

Additionally, the bill introduces new funding mechanisms for various initiatives, including housing, education, health care, and public safety, while allowing for the transfer of funds among accounts to ensure flexibility in managing appropriations. It specifies that unexpended balances will lapse into the State Treasury unless encumbered or pre-encumbered, and outlines conditions for the release of funds to municipalities based on compliance with fiscal management practices. Overall, the bill aims to enhance the efficiency and effectiveness of funding distribution for essential services and programs within the state, with a focus on supporting vulnerable populations and ensuring timely payments to service providers.