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Bill

A 5327

Appropriates $60,743,569,000 in State funds and $30,495,124,195 in federal funds for the State budget for fiscal year 2027.

2026-2027 Regular Session Introduced by Linda Greenstein and 5 co-sponsors

A5327 adopts the FY2027 New Jersey budget totaling about $97.5B all funds ($60.7B state funds, $30.5B federal), detailing allocations, encumbrances, and reporting across agencies.

Approved With Line Item Veto P.L.2026, c.27.
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WeVote Research Nonpartisan
Bill Summary · A 5327

Overview

  • bill: Assembly No. 5327 (A5327)
  • Session: 222, New Jersey
  • Sponsor: Assemblywoman Eliana Pintor Marin (District 29)
  • Purpose: To appropriate $60,743,569,000 in State funds and $30,495,124,195 in federal funds for the State budget for fiscal year 2027 (ending June 30, 2027), and regulate disbursement accordingly.

Main purpose and intent

  • Establishes the State budget for FY 2027, detailing anticipated resources from both the General Fund and federal funds, and authorizing appropriations across executive agencies, the judiciary, the legislature, and interdepartmental accounts.
  • Provides a comprehensive framework for how funds are to be disbursed, encumbrances handled, and balances managed at year-end, with specific provisions for pre-encumbrances and annual financial reporting.

Key provisions and changes

  • Anticipated resources:
    • General Fund total resources: $41.54 billion (approximate), plus dedicated interfund transfers and special fund resources.
    • Total All Funds (including dedicated funds and federal revenues): $97.53 billion.
    • State funds primary appropriation: $60.74 billion (state funds) and $30.50 billion (federal funds) for FY 2027.
  • Major revenue components (illustrative, not exhaustively summarized here):
    • Major taxes include sales, corporate business, business alternative income tax, insurance premiums, inheritance, realty transfer, motor vehicle, and other tax sources.
    • Interfund transfers and various dedicated funds (Public Purpose, Clean Energy, Habitat/Conservation, etc.) are identified to support specific programs.
  • Departmental and agency allocations:
    • Statewide allocations to numerous departments (Health, Human Services, Education, Environmental Protection, Transportation, Corrections, etc.) with detailed line items for program-specific funding.
    • Federal revenue programs are explicitly listed for each department (e.g., Education, Health, Human Services, Environmental Protection), indicating federal grants and entitlements such as Medicaid Title XIX, Title XXI, early childhood programs, food assistance, housing programs, and public health grants.
  • Legislature and judiciary:
    • Separate line-item appropriations for the Senate, General Assembly, Office of Legislative Services, and various commissions and committees.
    • Judiciary funding included a small set of federal program and accruals.
  • Encumbrances and timing:
    • Appropriations are generally available for the fiscal year ending June 30, 2027, with a one-month post-year period for expenditures unless otherwise provided.
    • Unexpended balances lapse back to the State Treasury or applicable funds, except for encumbrances/pre-encumbrances on file as of specified dates.
    • The Director of the Division of Budget and Accounting must report outstanding pre-encumbrances to the Legislative Budget and Finance Officer.
  • Special funds and intra-state transfers:
    • Numerous interfund transfers to dedicated funds (e.g., Clean Energy Fund, Energy Conservation Fund, Developmental Disabilities Waiting List Reduction Fund, Affordable Housing funds, etc.).
    • Provisions for transfer of funds to support specific programs or capital projects, with earmarks where applicable.

Who would be affected

  • State government operations would be funded across all branches and departments, including Education, Health, Human Services, Environmental Protection, Transportation, and corrections.
  • Federally funded programs would impact recipients of Medicaid, child nutrition, housing assistance, public health grants, mental health services, and other social services.
  • Local and state agencies administering grants (e.g., CDBG, HOME, HHS block grants) would see federal funding allocations.
  • Individuals and families benefiting from social services, health programs, education supports, housing assistance, and safety programs would be indirectly affected through funded services.

Procedural and timeline aspects

  • Fiscal year covered: July 1, 2026 through June 30, 2027 (with availability of funds through July 31, 2027 for certain encumbrances).
  • Reporting requirements: annual financial reporting to be transmitted by the State Treasurer, with status explanations for outstanding pre-encumbrances.
  • Compliance: appropriations subject to standard state budget procedures; unspent balances lapse unless encumbrances/pre-encumbrances are on file or otherwise designated.
  • The bill enumerates the total resources by fund and provides a framework for future adjustments within the FY 2027 budget.

Note: This summary is based on the introduced text and reflects the stated appropriations and organizational structure.

Compiled from official sources — confirm details with the bill’s official record.

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