Enacted Supplemental Budget – Fiscal Years 2026-2027
In 2025, Maine enacted a biennial budget for fiscal 2026-2027. On April 10, Maine Governor Janet Mills signed the state’s fiscal 2026-2027 supplemental budget. The supplemental budget adds $307 million in general fund spending for fiscal 2027, bringing general fund appropriations for fiscal 2027 to $6.17 billion. This represents an increase of 5.9 percent over fiscal 2026 appropriations. Undedicated general fund revenue is projected at $5.98 billion for fiscal 2027 after incorporating revenue actions enacted as part of the supplemental budget and other legislation, reflecting a 4.1 percent annual increase. After transfers and other adjustments, the general fund ending balance for fiscal 2027 is projected at $8.1 million. The balance in the Budget Stabilization Fund is estimated at more than $738 million. Total spending from all funds is projected at $15.86 billion for fiscal 2027, an 8.8 percent increase over fiscal 2026.
Maine’s enacted supplemental budget makes the state’s Free Community College program permanent while also advancing priorities related to affordability, workforce development, public safety, education, health care access, housing, and tax relief. Key provisions to address affordability include direct financial relief checks for 514,000 Maine residents and expanded property tax relief for eligible households. The budget also makes improvements to the Homestead Exemption for Veterans. Other notable provisions include a phased increase in minimum teacher salaries, funding to support schools’ implementation of a cell phone ban and school bus safety improvements, funds for the state’s extreme risk protection order law and sexual assault kit tracking, and investments in Maine Veterans’ Homes. The budget conforms with new federal tax laws while preserving funding for education and health care. It also includes funds for reproductive health care to offset federal funding cuts and makes funding permanent for victims’ services to address federal funding shortfalls. The budget uses transfers from the Budget Stabilization Fund to support several one-time investments, while maintaining a significant rainy day fund balance to help the state manage a future downturn.