Type to search


Legislature’s finance committee begins budget mark-up

Avatar photo

Dover (AP) — Legislative budget writers are staring down a significant hole as they begin work on a new spending plan.

The Joint Finance Committee was told Wednesday that there is a $75.3 million gap between available revenue for next year and Gov. Jack Markell’s proposed budget for the fiscal year starting July 1. The gap is largely due to lower estimates for income tax revenue, but it also includes unexpected funding needs for Medicaid, prison health care, and legal representation for criminal defendants.

Committee co-chair Sen. Harris McDowell said he’s never seen a funding gap that high at the start of the budget mark-up process.

Meanwhile, analysts told lawmakers that lower fuel and energy prices should net about $1.3 million in savings compared to previous estimates.

The committee resumes work Thursday.

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2023 Delaware Business Times

Get the DBT Best Restaurants Guide

Your go-to resource for the best places for business meetings, happy hours, power lunches and more, as compiled by the Delaware Business Times editorial team.

No, thank you.
Best Restaurants Cover