PROJECTBUDGET PLANNING

FY2027 budget and roadmap update

Virginia Retirement System (Political Subdivisions)
Detected
Oct 15, 2026
20 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 20 days agoOct 15

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From the meeting

At the October 15, 2026 board meeting VRS reviewed the FY 2027 budget and agency road map update. Staff said the new biennium operating budget for FY 2027 was $166 million and that several initiatives had been delayed because of time needed to finalize third-party agreements, resource constraints, and competing priorities. The roadmap listed digital transformation items, AI governance, ECM solution implementation, and a centralized virtual desktop delivery solution for Investments.

Decision state: informational.

Meeting date
October 15, 2026
Agency
Virginia Retirement System (Political Subdivisions)

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