Proposed Budget - Fiscal Year 2026
On May 31, United States Virgin Islands Governor Albert Bryan, Jr. released his recommended budget for fiscal year 2026. The recommended budget across all funds totals $1.76 billion. The proposal calls for $936.4 million of general fund appropriations for fiscal 2026, an increase of 0.33 percent from fiscal 2025. Total net general fund revenues for fiscal 2026 are projected at $936.4 million, a 4.7 percent increase from fiscal 2025.
Proposed Budget Highlights
In the governor’s press release, he noted that the proposed fiscal 2026 budget outlines a forward-looking plan to strengthen the territory’s financial footing while investing in infrastructure, public services, and long-term economic resilience. The proposed budget includes the following:
- Strengthens tax enforcement, improves recovery of delinquent property taxes, and expands oversight of newer economic sectors.
- Supports wage increases for government workers.
- Invests in digital systems and transportation.
- Improves compliance with federal grant requirements.
- Reinforces a performance-based budgeting approach with agency funding tied directly to improvements in public services and measurable results.