Last updated 3:03 p.m. on Monday, June 1, 2026.
Governor Albert Bryan Jr. has submitted the Bryan-Roach Administration’s proposed Fiscal Year 2027 Executive Budget to the 36th Legislature, presenting a $958.2 million General Fund spending plan focused on infrastructure, recreation, housing, fiscal stability and long-term economic growth.
The proposal represents the final executive budget submission of the Bryan-Roach Administration. Government House said the spending plan continues the administration’s focus on responsible budgeting, disciplined spending, reliable revenue forecasting and targeted investments aimed at improving quality of life for Virgin Islanders.
This year’s budget theme is “Investing Today for the Communities of Tomorrow: Infrastructure, Recreation and Housing.” According to the administration, the theme reflects a government-wide focus on building stronger communities, expanding opportunity and ensuring that the territory’s current progress creates lasting benefits for future generations.
“As we submit the final Executive Budget of the Bryan-Roach Administration, we do so with confidence in the progress we have made and with a clear vision for the work still ahead,” Governor Bryan said. “This budget extends a legacy of responsible fiscal management, accurate revenue forecasting, smarter government operations and the continued reduction of longstanding government debt. It is a financial plan rooted in discipline, but it is also a roadmap for people, progress and sustainability.”
Government House said the FY2027 budget takes a careful and measured approach amid continued uncertainty in the national economy and shifting federal policies. At the same time, the administration said the proposal reflects the continued strength and resilience of the Virgin Islands economy.
The proposed budget anticipates increased collections across five major revenue categories: personal income taxes, gross receipts taxes, excise taxes, property taxes and corporate taxes. The projected growth is supported by continued strength in tourism, recovery and mitigation construction, housing development, private investment and broader economic activity throughout the territory.
“In plain language, the Virgin Islands economy is growing,” Governor Bryan said. “Our tourism product is expanding, private investment is increasing, recovery work is moving forward and our budget reflects a territory preparing for the future instead of merely reacting to the present.”
The administration also pointed to recent economic development announcements, including expanded airlift and new hotel development projects, as signs of growing investor confidence in the Virgin Islands and continued economic momentum.
According to Government House, increased airlift is expected to bring more visitors and business activity, particularly to St. Croix, while new hospitality investments are expected to create jobs, generate revenue and support infrastructure development across the territory.
The FY2027 proposal also includes a $5 million contribution to the Budget Stabilization Fund. Government House said the contribution is part of the administration’s commitment to long-term fiscal responsibility and would strengthen the government’s ability to respond to future financial challenges without compromising essential services.
Governor Bryan said the proposed spending plan balances fiscal discipline with strategic investments designed to strengthen government operations, improve public services and enhance quality of life across the Virgin Islands.
“This budget makes clear that our investments today must build stronger communities tomorrow,” Governor Bryan said. “We remain focused on creating equitable opportunity, supporting sustainable growth and laying a solid foundation for the next generation of Virgin Islanders.”
Office of Management and Budget Director Julio Rhymer is expected to present additional details on the administration’s revenue assumptions, expenditure priorities and fiscal strategies during upcoming budget hearings before the Legislature.
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