Department

Department of Business and Industry

The Department of Business and Industry spent $351 million in FY2026 — 56% of a $629 million budget. It is the eighth-largest of the state's 41 departments: about $1 in every $71 of all state spending.

That is 13% more than in FY2025 ($312 million), not adjusted for inflation.

Spent FY2026: $351 million$351,445,082
Budget FY2026: $629 millionBudget covers 43 of 44 budget accounts.
Share of budget spent: 56%Spent ÷ budget
Change from FY2025: +12.6%FY2025: $312 million

43.1% of Commerce & Industry spending.

Spent each year, FY2006 onwards · dashed line: budgetHistory follows the budget accounts in this department in FY2026, looked up by code in every year.

Show the numbers

Spent and budget each fiscal year
Fiscal year	Spent	Budget
FY2006	$63.1 million	Not available
FY2007	$67.4 million	Not available
FY2008	$69.9 million	Not available
FY2009	$74.4 million	Not available
FY2010	$107 million	$186 million
FY2011	$138 million	$183 million
FY2012	$81.1 million	$111 million
FY2013	$63.9 million

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Year

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Where the money went

Explore Department of Business and Industry by division: select a block to go a level deeper, or switch views. Totals leave out reserves, pass-through accounts and money paid on to other state accounts.

Budget vs spent, by division

14 divisions. The largest, B&i - Housing Division, accounts for 71% of the total.

Divisions of Department of Business and Industry, FY2026
Division	Spent FY2026	Budget FY2026	% of budget spent	Share
B&i - Housing Division	$250 million

FY2014	$123 million	$139 million

FY2015	$70.9 million	$93.3 million

FY2016	$80.4 million	$104 million

FY2017	$75.3 million	$97.4 million

FY2018	$80.9 million	$103 million

FY2019	$85.6 million	$105 million

FY2020	$86.7 million	$111 million

FY2021	$137 million	$344 million

FY2022	$261 million	$667 million

FY2023	$186 million	$826 million

FY2024	$267 million	$672 million

FY2025	$312 million	$378 million

FY2026	$351 million	$629 million

FY2027	See note	$383 million

B&i - Industrial Relations Div	$37.7 millionof $47.4 million	$47.4 million	79%	10.7%

B&i - Insurance Division	$13.9 millionof $30.1 million	$30.1 million	46%	4.0%

B&i - Business and Industry	$12.2 millionof $15.3 million	$15.3 million	79%	3.5%

B&i - Real Estate Division	$6.44 millionof $7.55 million	$7.55 million	85%	1.8%

B&i - Transportation Authority	$6.27 millionof $7.54 million	$7.54 million	83%	1.8%

B&i - Financial Institutions Div	$5.71 millionof $8.58 million	$8.58 million	67%	1.6%

B&i - Taxicab Authority	$5.09 millionof $5.44 million	$5.44 million	94%	1.4%

B&i - Division of Mortgage Lending	$4.47 millionof $4.90 million	$4.90 million	91%	1.3%

B&i - Labor Commission	$4.39 millionof $4.93 million	$4.93 million	89%	1.2%

B&i - Attorney for Injured Workers	$3.87 millionof $4.96 million	$4.96 million	78%	1.1%

Commission on Postsecondary Education	$730 thousandof $1.02 million	$1.02 million	72%	0.2%

B&i - Employee Management Relations	$425 thousandof $434 thousand	$434 thousand	98%	0.1%

B&i - Boards and Commissions	$260 thousandof $944 thousand	$944 thousand	28%	0.1%

Spent each year by divisions
Fiscal year	B&i - Housing Division	B&i - Industrial Relations Div	B&i - Insurance Division	B&i - Business and Industry	B&i - Real Estate Division	Other (9)	Budget
FY2006	$19.8 million	$16.1 million	$5.91 million	$1.12 million	$4.41 million	$15.8 million	—
FY2007	$22.5 million	$16.2 million	$6.32 million	$1.20 million	$4.06 million	$17.1 million	—
FY2008

Funding sources by group and revenue ledger code, FY2026 budget
Group	Revenue ledger	Legislature approved	Current budget
General Fund	$9.44 million	$190 million
GF	2501 General Fund Appropriation	$9.44 million	$190 million
Fees, licences and tuition	$48.3 million	$65.6 million
OF	3730 Examination Fees	$4.42 million	$14.5 million
OF	3612 Assessment Fees	$6.10 million	$6.10 million
OF	3602 Producer License Assessment

Budget journey for FY2026: each step and the running total
Step	Amount	Running total
Governor recommended	$325 million	$325 million
Changes made by the Legislature	+$705 thousand= $325M	$325 million
Legislature approved	$325 million	$325 million
Accounts outside the operating budget	+$149 million= $475M	$475 million
Federal money added after the session	+$1.10 million= $476M	$476 million
Money carried over from earlier years	+$8.86 million= $485M	$485 million
Other changes after the session	+$144 million= $629M	$629 million
Current budget	$629 million	$629 million

FY2009	$24.5 million	$18.6 million	$7.50 million	$1.24 million	$4.22 million	$18.3 million	—

FY2010	$57.4 million	$17.6 million	$7.77 million	$1.23 million	$4.09 million	$18.9 million	$186 million

FY2011	$89.2 million	$17.5 million	$8.29 million	$2.02 million	$3.81 million	$17.3 million	$183 million

FY2012	$34.7 million	$16.6 million	$7.87 million	$3.06 million	$3.37 million	$15.5 million	$111 million

FY2013	$17.5 million	$16.5 million	$7.67 million	$3.46 million	$3.49 million	$15.2 million	$83.4 million

FY2014	$22.6 million	$18.2 million	$8.16 million	$4.00 million	$3.98 million	$66.2 million	$139 million

FY2015	$18.5 million	$18.3 million	$8.38 million	$4.88 million	$3.50 million	$17.3 million	$93.3 million

FY2016	$19.1 million	$19.6 million	$11.1 million	$9.39 million	$3.84 million	$17.3 million	$104 million

Allocation From Fund

2505 Allocation From Fund

Federal funds

3584 Federal National Housing Trust Funds

3550 Fed Survey and Planning Grant

3580 Home Grant

3407 Fed Dept of Ocup Health & Sfty

3500 Doe Grant Funds

3585 Federal Section 811 Grant

3580 Federal Grant - NSP

3581 Fed Home Arp Grant

3588 Federal Grant-H

3580 Federal Grant 21d

3582 Federal Emergency Solutions Grant

3408 Fed Mine Safety & Health Grant

3584 Federal Grant-D

3574 Fed Reimbursement

3406 Fed Labor Statistics Grant

3580 Federal Grant

3540 Fed Admin Cost Allowance-Fha

3581 Federal Grant - Nsp3

Mining, lodging and other state taxes

3338 Real Property Transfer Tax

Highway Fund

2507 Highway Fund Authorization

Everything else

4659 Transfer From Industrial Relations

4659 Trans From Industrial Relations

4326 Treasurer's Interest Distrib

3340 Universal Energy Charge

4157 Fines

3832 Trip Charge

4103 County Reimbursements

3845 Cost of Issuance

4201 NSP Mortgage Assistance Reimb

4209 Recoveries

4254 Miscellaneous Revenue

4364 Home Loan Repayments

4156 Penalties

4105 School District Reimbursements

4360 Aahtf Loan Repayment

3603 Check Cashing/Def Deposit Regis

4366 Tcap Loan Repayments

4152 Fines/Forfeitures/Penalties

3608 Family Trust Company

4362 NHTF Loan Repayments

4286 Bond Program Income

4265 Private Grant

4152 Administrative Penalties

4252 Excess Property Sales

3753 Administration Charge

…and 7 smaller lines (all in the CSV)

Moved between state accounts · not new money

4611 Transfer in Fed Arpa

4230 Cost Allocation Reimbursement

4235 Cost Allocation Reimbursement - F

4674 Trans From Welfare

4231 Cost Allocation Reimbursement - B

4669 Goe Hero Funds

4325 Insurance Premiums

4231 Cost Allocation Reimbursement

Carried over from last year · not new money

2511 Balance Forward From Previous Year

2520 Federal Funds From Previous Year

Allocation From Fund		$36.0 million	$36.4 million
OF	2505 Allocation From Fund	$36.0 million	$36.4 million

Federal funds		$23.6 million	$24.7 million
FF	3584 Federal National Housing Trust Funds	$7.46 million	$7.46 million
FF	3550 Fed Survey and Planning Grant	$4.96 million	$4.96 million
FF	3580 Home Grant	$3.00 million	$3.00 million
FF	3407 Fed Dept of Ocup Health & Sfty	$1.74 million	$1.76 million
FF	3500 Doe Grant Funds	$1.67 million	$1.67 million
FF	3585 Federal Section 811 Grant	$1.28 million	$1.28 million
FF	3580 Federal Grant - NSP	$826 thousand	$826 thousand
FF	3581 Fed Home Arp Grant	$716 thousand	$716 thousand
FF	3588 Federal Grant-H	$0	$696 thousand
FF	3580 Federal Grant 21d	$606 thousand	$643 thousand
FF	3582 Federal Emergency Solutions Grant	$567 thousand	$567 thousand
FF	3408 Fed Mine Safety & Health Grant	$427 thousand	$433 thousand
FF	3584 Federal Grant-D	$0	$322 thousand
FF	3574 Fed Reimbursement	$195 thousand	$208 thousand
FF	3406 Fed Labor Statistics Grant	$91.8 thousand	$91.8 thousand
FF	3580 Federal Grant	$31.3 thousand	$31.3 thousand
FF	3540 Fed Admin Cost Allowance-Fha	$20.2 thousand	$20.2 thousand
FF	3581 Federal Grant - Nsp3	$7.5 thousand	$7.5 thousand

Mining, lodging and other state taxes		$10.3 million	$10.3 million
OF	3338 Real Property Transfer Tax	$10.3 million	$10.3 million

Highway Fund		$6.18 million	$6.18 million
HF	2507 Highway Fund Authorization	$6.18 million	$6.18 million

Moved between state accounts · not new money		$181 million	$261 million
IA	4611 Transfer in Fed Arpa	$169 million	$249 million
IA	4230 Cost Allocation Reimbursement	$8.17 million	$8.17 million
IA	4235 Cost Allocation Reimbursement - F	$939 thousand	$939 thousand
IA	4674 Trans From Welfare	$897 thousand	$897 thousand
IA	4231 Cost Allocation Reimbursement - B	$765 thousand	$765 thousand
IA	4669 Goe Hero Funds	$750 thousand	$750 thousand
IA	4325 Insurance Premiums	$387 thousand	$387 thousand
IA	4231 Cost Allocation Reimbursement	$246 thousand	$246 thousand

Department of Business and Industry

Where the money went

Budget vs spent, by division

Over time

Who pays for it

How the FY2026 budget got here

Notes

Everything else		$20.2 million	$36.9 million
OF	4659 Transfer From Industrial Relations	$12.3 thousand	$7.30 million
OF	4659 Trans From Industrial Relations	$5.34 million	$5.34 million
OF	4326 Treasurer's Interest Distrib	$2.94 million	$5.19 million
OF	3340 Universal Energy Charge	$3.58 million	$3.58 million
OF	4157 Fines	$536 thousand	$2.95 million
OF	3832 Trip Charge	$2.71 million	$2.80 million
OF	4103 County Reimbursements	$0	$2.76 million
OF	3845 Cost of Issuance	$2.73 million	$2.73 million
OF	4201 NSP Mortgage Assistance Reimb	$756 thousand	$756 thousand
OF	4209 Recoveries	$0	$751 thousand
OF	4254 Miscellaneous Revenue	$0	$605 thousand
OF	4364 Home Loan Repayments	$575 thousand	$575 thousand
OF	4156 Penalties	$18.9 thousand	$543 thousand
OF	4105 School District Reimbursements	$265 thousand	$265 thousand
OF	4360 Aahtf Loan Repayment	$259 thousand	$259 thousand
OF	3603 Check Cashing/Def Deposit Regis	$110 thousand	$110 thousand
OF	4366 Tcap Loan Repayments	$105 thousand	$105 thousand
OF	4152 Fines/Forfeitures/Penalties	$68.1 thousand	$68.1 thousand
OF	3608 Family Trust Company	$62.7 thousand	$62.7 thousand
OF	4362 NHTF Loan Repayments	$41.3 thousand	$41.3 thousand
OF	4286 Bond Program Income	$39.4 thousand	$39.4 thousand
OF	4265 Private Grant	$0	$30.0 thousand
OF	4152 Administrative Penalties	$24.6 thousand	$24.6 thousand
OF	4252 Excess Property Sales	$0	$14.1 thousand
OF	3753 Administration Charge	$10.7 thousand	$10.7 thousand
	…and 7 smaller lines (all in the CSV)

Carried over from last year · not new money		$164 million	$212 million
BF	2511 Balance Forward From Previous Year	$148 million	$197 million
BF	2520 Federal Funds From Previous Year	$15.9 million	$14.4 million