The bill reported on April 4, 2025, from the Committee on Finance, outlines the appropriations of public funds from the Treasury for the fiscal year 2026, which runs from July 1, 2025, to June 30, 2026. It establishes a framework for the efficient management of state resources, including definitions for key terms and categories of appropriations such as personal services and employee benefits. The bill details specific funding allocations for various state departments and agencies, including the Senate and House of Delegates, with notable new insertions for funds like BRIM Premiums and various organizational codes for departments. It also allows for the reappropriation of unexpended balances from the previous fiscal year, ensuring continuity in funding for ongoing projects and services.
Additionally, the bill introduces several new fund designations and specific allocations for various programs, including significant amounts for health services, educational initiatives, and public safety. It emphasizes the importance of flexibility in fund management, allowing for transfers between appropriations to enhance operational efficiency. Notable insertions include new funds for the Public Defender Services and the Office of Energy, along with specific allocations for programs such as the Judges Retirement System and the Office of Resiliency. Overall, the bill aims to provide comprehensive financial support for essential state services while ensuring fiscal responsibility through reappropriation measures and targeted allocations.