Governor Sherrill Signs FY 2027 Appropriations Act

Governor Mikie Sherrill today (6/30) signed into law the FY 2027 Appropriations Act, delivering on the Administration’s mandate to make New Jersey more affordable, protect children and families, and increase accountability and transparency in state government.

The $60.7 billion budget mirrors the amount of total spending proposed in the Governor’s Budget Message, fulfilling the Sherrill Administration’s mission to rein in spending without raising taxes on individual New Jerseyans. The budget provides record property tax relief, including a revamped Stay NJ program that supports higher benefits for middle and lower-income seniors; makes historic investments in schools; boosts the Child Tax Credit; and delivers a full pension payment, making Governor Sherrill the first governor to fully fund the pension system in the first year of an Administration in decades.