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Decision Package
Central Appropriations (995)
Request Title Provide funding to support increase in minimum wage
Biennium 2026-2028
Budget Round Initial Bill
Category Other spending or initiatives
Region None
Description

Provides funding to support the increases in the Virginia minimum wage scheduled for January 1, 2027, and January 1, 2028. The amounts provided assume a 3.84 percent annual increase in the Virginia minimum wage. Under current law, the actual Virginia minimum wage will be established by the Commissioner of the Department of Labor and Industry by October 1 each year.

Funding Summary
Object Type FY 2026 FY 2027  
General Fund Dollars $392,803 $1,357,202  
Nongeneral Fund Dollars $0 $0  
General Fund Positions 0.00 0.00  
Nongeneral Positions 0.00 0.00  
General Fund Transfers $0 $0  
General Fund Revenue $0 $0  
Layoffs $0 $0  
Additions to Balance $0 $0  
Funding Details
By Program Program Code Program Title FY 2026 FY 2027
  757 Compensation And Benefit Adjustments $392,803 $1,357,202
By Fund Fund Code Fund Title FY 2026 FY 2027
  01000 General Fund $392,803 $1,357,202
Authorized Position Details
By Program Program Code Program Title FY 2026 FY 2027


p3_opview - Official Enacted Budget View Operating Bullet Details - 08-23-2026 05:54:28