DelawareDelaware approves revenue estimates used to limit 2027 spending
Delaware approved estimates of $7,224.4 million in revenue after refunds and $408.8 million left uncommitted to help set the 2027 budget limit.
What it does
Officials approved estimates of $7,224.4 million in revenue after refunds and $408.8 million left uncommitted. Existing rules use these figures to limit budget spending.
Argument forAn approved estimate could give lawmakers a clear figure for applying the 98% spending cap to the 2027 budget.
Argument againstIf revenue falls short of the estimate, the spending cap could still allow a budget that is harder to pay for.
More detail
Lawmakers and the governor approved official estimates of revenue and money left uncommitted. The estimates cover Delaware's general fund and include $408.8 million expected to remain uncommitted from the previous fiscal year. The revenue estimate is $7,788.2 million before refunds and $7,224.4 million after $563.8 million in refunds. Existing rules limit spending to 98% of estimated revenue, including money left uncommitted. The estimates apply to fiscal year 2027.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 30Signed by Governor Matt MeyerBecame Law
- Jun 24Passed By House. Votes: 40 YES 1 ABSENTPassed 2nd Chamber
- Vote recorded Passage. Result: pass.Lower
- Jun 23Reported Out of Committee (Appropriations) in House with 6 On Its MeritsMinor
- Jun 18Assigned to Appropriations Committee in HouseMinor
- Vote recorded Passage. Result: pass.Upper
- Jun 18Passed By Senate. Votes: 20 YES 1 ABSENTPassed 1st Chamber
- Jun 18Reported Out of Committee (Finance) in Senate with 4 FavorableMinor
- Jun 16Introduced and Assigned to Finance Committee in SenateIntroduced
Taxes & Budget