Closeout Reports

Fiscal Year End Closeout Reports provide the General Fund Balance for the end of the fiscal year. Additionally, the reports provide an analysis of the variances between estimated and actual revenues prepared by the Bureau of Revenue Estimates.

The State closed Fiscal Year 2025 with a fund balance of $270.5 million in the General Fund. Additionally, $132.2 million was assigned by the 2025 General Assembly for fiscal year 2026 operations. Estimated FY26 surpluses of $321.5 million leaves an unassigned fund balance of $459.8 million.

Graph with arrows point in an upward trend

FY 2025 Closeout Report

Read the FY 2025 Closeout Report (PDF).

Closeout Report Archive