No one is likely to be charged in the 2023 theft of $181,000 from the state’s Unemployment Insurance Trust Fund, state officials told legislators in a letter posted Tuesday on the state’s website with a 21-page report about the situation. The theft of the money and lack of information about it has in recent months led to a hailstorm of …
Gov. John Carney‘s proposed 2025 state budget of $6.1 billion pours $2.1 billion into education, $2 billion on healthcare for employees, retirees and Medicaid recipients, and $129 million into environmental initiatives. It’s another record state budget, up nearly 9% from 2024’s $5.6 billion. Nearly 65% of the growth in the budget over last year’s is salary policy and health-related costs, …
Delaware can expect a revenue surplus of $364.8 million heading into the 2025 fiscal year. It can also expect a few years of plateaued revenues instead of the nearly $1 billion surpluses of recent years. Some legislators would argue the state doesn’t have surplus in reality, because that money will be needed for expected rises in costs for a number …
The Senate on Tuesday unanimously approved a bill that would lower licensing fees for casinos that make capital investments. Senate Bill 64, sponsored by Sen. Trey Paradee, D-Dover, would allow the casinos, which under a 2018 bill were required to pay a $3 million license fee to operate table games, to forgo portions of that fee if they pay for …
The Delaware General Assembly did not go to the dogs Wednesday. The dogs came to them. Four lucky pooches who were up for adoption or had been adopted from shelters sat through part of a Senate hearing and then part of a Senate Session as Senate Bill 37, which would make the rescue dog the official state animal, passed in …
Delaware may have passed the peak of a rise in post-covid revenues, the Delaware Economic and Financial Advisory Council heard Monday. Financial experts call that peak an “inflection point,” akin to that moment when roller-coaster riders feel a brief lift in their tummies before the coaster takes a plunge. That doesn’t mean the state’s finances will plunge. Only that they …
Calls to consider means testing before granting veteran and senior housing tax breaks shocked a legislative committee last month. Delaware’s secretary of finance doesn’t think an income-based means test for property tax breaks is likely. Even so, Rick Geisenberger did say that a means test based on property values not only could happen, but should. “Seniors get a lot of …
