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 ensures that these appropriations are available for expenditures during the fiscal year ending June 30, 2026, and for one month thereafter, with unexpended balances lapsing into the State Treasury unless encumbered. Significant new provisions include the insertion of "DIRECT STATE SERVICES" and the introduction of "GRANTS-IN-AID" and "STATE AID" categories, which facilitate the appropriation of unexpended balances from previous fiscal years and specify funding for programs like SNAP and food security initiatives. The bill also outlines the transfer of funds to support agricultural programs and health insurance subsidies for families transitioning from temporary Medicaid coverage.
Additionally, the bill emphasizes the importance of flexibility in fund management, allowing for transfers among accounts to ensure timely payments and operational needs. It introduces new appropriations for various initiatives, including domestic violence services and abuse intervention programming, while also addressing funding for housing, education, and health services. The bill mandates oversight and approval from the Director of the Division of Budget and Accounting for various appropriations and transfers, ensuring accountability in the allocation of state resources. Overall, the legislation aims to enhance services for children, families, and communities while maintaining fiscal responsibility.