PENNSYLVANIA (WFMZ-TV) — Governor Josh Shapiro has officially signed Pennsylvania’s 2026-2027 budget into law.

The Pennsylvania Legislature finalized the $50.8 billion budget for the fiscal year on Sunday, 12 days past the deadline.

The latest version of the bill was approved by committees in both the Senate and the House Saturday night in rare weekend votes.

On Sunday, the Senate officially voted to pass the bill with a final tally of 47 to 3, and the Governor signed it into law.

“I am pleased that the House of Representatives has approved a budget for 2026-2027. Once again, this budget continues the work of the Democratic House majority to deliver fair and adequate funding for public schools,” State Rep. Mike Schlossberg, D-Lehigh, said in a statement. “I am proud to see that state funding for Parkland and Allentown schools will increase by $316,000 (1.5%) and $22,799,000 (8.2%) respectively. Over the last four years of our majority, these historic investments in education have increased state funding to our community’s schools by over $4,681,000 (28.2%) and $98,122,000 (48.8%). Our schools will also benefit greatly from grants aimed at increasing student security and providing resources for mental and behavioral health.”

Schlossberg added that the 2026–2027 budget includes the first cost-of-living adjustment in 20 years for State and Public School Employees’ Retirement System recipients, as well as eligible municipal firefighters and police officers.

“This is a massive boost to public servants who retired before pension increases, ensuring public servants can afford to continue to retire with dignity,” Schlossberg said.

The final budget also includes $1.7 billion pulled from state special funds—often referred to as “couch cushions”—as well as lapsed appropriations from state agencies, according to the Commonwealth Foundation.

This marks the fifth-straight year that state lawmakers missed the June 30 budget deadline.

We are planning to speak with both Democratic Representative Mike Schlossberg and Republican Senator Jarrett Coleman, who was one of the few legislators to vote against the bill.

We’ll have their reactions coming up on 69 News at 10:00 p.m. Sunday night.