DelawareDelaware sets official estimates for 2025 state revenue
Delaware lawmakers and the governor set official revenue and uncommitted fund estimates for fiscal year 2025, which help determine the state's budget limit.
What it does
Delaware approved official estimates of $6,700.6 million in revenue after refunds and $552.9 million in uncommitted funds. These figures help set the state budget limit.
Argument forOne official estimate could help lawmakers apply the state's existing spending limit consistently when they make budget decisions.
Argument againstIf estimated revenue exceeds what the state collects, lawmakers might base spending decisions on money that never arrives.
More detail
Delaware lawmakers and the governor set official estimates of $7,281.7 million in revenue, $581.1 million in refunds, $6,700.6 million after refunds, and $552.9 million in uncommitted funds. The figures cover Delaware's general fund revenue, refunds, and uncommitted money remaining from the prior fiscal year. The estimates apply to fiscal year 2025.
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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
- 2025
- Jul 1Signed by Governor Matt MeyerBecame Law
- Jun 26Passed By Senate. Votes: 20 YES 1 ABSENTPassed 2nd Chamber
- Vote recorded Passage. Result: pass.Upper
- Jun 25Reported Out of Committee (Finance) in Senate with 1 Favorable, 3 On Its MeritsMinor
- Jun 24Assigned to Finance Committee in SenateMinor
- Vote recorded Passage. Result: pass.Lower
- Jun 24Passed By House. Votes: 40 YES 1 VACANTPassed 1st Chamber
- Jun 18Reported Out of Committee (Appropriations) in House with 5 Favorable, 1 On Its MeritsMinor
- Jun 18Introduced and Assigned to Appropriations Committee in HouseIntroduced
Taxes & Budget