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DELAWARE

Delaware

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    • Budget timeframe: Annual

      Fiscal Year begins: July 1


      The current state budget can be found here.

      Find the legislative session calendar here.

       

      Find the current legislative leaders here.

       

      DE Gov. Markell

       

       

      Gov. Jack Markell
      Office of Governor Jack Markell
      Tatnall Building
      William Penn Street
      Dover, DE 19901
      Phone: (302) 744-4101
      Fax: (302) 739-2775
      http://governor.delaware.gov/

       

      Ann S. Visalli, Director
      Office of Management and Budget
      122 William Penn Street, Haslet Armory, Suite 301
      Dover, DE 19901
      Phone (302) 739-4206
      Fax: (302) 739-5661
      www.budget.delaware.gov

      omb_feedback@state.de.us 

       

       Regular Session convenes January 10, adjourns June 30

       

      Legislative Budget Leaders
      Sen. Nancy Cook (D), Chair, Joint Budget Committee, (302) 744-4237

      Rep. Dennis P. Williams (D), Vice-Chair, Joint Budget Committee, (302) 744-4351 Dennis.Williams@state.de.us

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2012 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities


      DE state sealDelaware is required to pass a "balanced budget."  Article VIII Section 6 of the 1897 Constitution states no appropriation, supplemental appropriation or budget act "shall cause the aggregate General Fund appropriations enacted for any given fiscal year to exceed 98% of the estimated General Fund revenue for such fiscal year from all sources."  Sections 6337 and 6339 in Title 29 of the state law mandate that no appropriation can exceed in amount the state revenues from all sources.  Delaware law forbids the carrying over of a deficit from one year to the next.

       

      While preparing for revenue shortfalls by leaving some revenues unappropriated has had varying degrees of success, there are no statutory requirements that govern what kinds of assumptions can be made about revenue or expenses.  Therefore the Delaware budget could be "unbalanced" in different ways in different years.

       

      Delaware maintains four individual governmental funds: the General Fund, the Capital Projects Fund, the Federal Fund and the Local School District Fund.  The State budgets its financial activities on a cash basis of accounting and records financial transactions in two major categories: General Fund and Special Fund.  Based on Delaware's data sheet, budgeted amounts seem relatively in sync with actual amounts, so we will therefore assume that most but not all of Delaware's funds are budgeted.  [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

       

       

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    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.