Posts Tagged ‘revenues’
Worcester Co. Adopts $227-Million FY ’23 Operating Budget
The Worcester County Commissioners have approved a Fiscal Year 2023 operating budget of nearly $227-million.Spending grows by $10.4-million, or 5%, from the FY ’22 budget while reducing requested expenditures by $2.7-million. The budget contains no increase in the Worcester County real property tax rate and local income tax rate.Spending priorities include public safety, education and…
Read MoreDel. Rebate Program Advances In General Assembly
A program to make direct one-time payments to Delawareans of $300 is halfway through being approved by the General Assembly.The 2022 Delaware Relief Rebate Program (HB 360) was overwhelmingly approved in the House of Representatives Thursday. It was introduced just a few days earlier, with the goal of helping hundreds of thousands of people meet…
Read MoreDel. Legislation Would Direct Surplus State Funds To Adults & Children
A gas tax holiday does not look possible in Delaware, but several Republican lawmakers are proposing to allow each Delawarean to get a share of the state’s growing revenue surplus.GOP lawmakers Monday said they are floating a proposal to direct about $100-million from the budget surplus and provide $100 rebates to every Delaware adult and…
Read MoreDel. Budgets Enacted For FY ’22
Delaware’s operating budget and capital budget are now law for the fiscal year that starts Thursday. Governor John Carney signed the $4.7-billion FY ’22 budget (House Bill 250) into law Wednesday afternoon, as well as the bond bill (Senate Bill 200), which totals a record $1.3-billion. Carney said the budget also sets aside $286-million in…
Read MoreState Panel Boosts Del. Revenue Outlook
Delaware’s incoming state revenues are starting to rebound. The state’s revenue forecasting panel added $88,200,000 to the state’s revenue estimates Wednesday. The Delaware Economic and Financial Advisory Council update is the final one for the current fiscal year. It remains to be seen, but some of that money may be used to restore negotiated salary…
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