DEFAC Increases Delaware Revenue Forecasts

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Delaware’s revenue forecast continues to improve. The Delaware Economic and Financial Advisory Council met for the first time since the FY 2019 budget was approved – and has raised the revenue estimate for this year by $43-million and $34-million for 2020. The new money comes from a combination of higher revenue estimates and legislative changes…

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DE’s FY 2019 Budget Approved and Signed

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No race for the midnight deadline this year in approving and signing the FY 2019 Delaware Budget.  Governor John Carney signed Senate Bill 235 on Thursday after it received final passage in the State House.  The measure is a balanced $4.2-billion plan that makes investment in Delaware’s economy, workforce and public schools.  It also appropriates…

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Sussex County Council Adopts FY 2019 Budget & Approves Holly Wingate to P&Z Commission

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The Sussex County Council has approved the proposed $177-million operating budget for FY 2019. The council has approved the operating budget, assessment rolls and established the annual service charges and assessment rates for teh county water and sewer districts. The vote was unanimous for each. During the public hearing on the operating budget, Dan Kramer…

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Worcester County $190-m Budget Approved; Tax Rates Unchanged

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Worcester County Commissioners have approved the FY 2019 budget – and held taxes to the current tax rates.  This $190-million budget shows a decrease of 4.7% over the current budget and requested expenditures were cut by $21.5-million to balance the budget.  Tax rates will remain at 83.5 cents per $100 of assessed value for real…

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