May 22, 2026
BUDGET & TAXES > Budget > FY 2027

Fiscal Year 2027 Senate Final Budget

On May 21st, the Senate finalized its budget proposal for Fiscal Year (FY) 2027. Over four days of debate, $70.53 million in new spending and 44 outside policy sections were added to the SWM spending plan.

The Senate took action on 1,158 amendments through a combination of standalone votes and amendment ‘bundles’ which categorically approve or reject many amendments at once. In total, 518 amendments were adopted, 317 were rejected, and 313 were withdrawn from consideration.

The FY 2027 Senate budget now includes $63.37 billion in total line-item spending, $2.3 billion (3.8 percent) above the FY 2026 GAA, $4.2 million more than the Governor, and $49.6 million below the House budget.