Delaware lawmakers begin drafting budget
DOVER, Del. (AP) — Members of the Delaware legislature’s budget-writing committee are set to begin drafting a spending plan for the upcoming fiscal year.
The General Assembly’s Joint Finance Committee was scheduled to convene Monday for a series of bill-drafting sessions stretching over the next two weeks.
Official revenue forecasts that were updated last week show lawmakers facing an estimated $382 million shortfall between expected revenue and expected expenses for fiscal 2018, based on current-year funding.
Democratic Gov. John Carney has proposed a mix of spending cuts and tax and fee increases to balance the budget for the new fiscal year, which starts July 1.