FY 2025 Budget

The body in charge of projecting the state’s revenues and expenditures says Delaware will bring in a little bit more and spend a little bit less than its last prediction.

The council in charge of Delaware’s budget projections expects the state will bring in $200 million more this fiscal year than the last, but spending reaches an all-time high.

Delaware lawmakers pass a $98.5 million Grants-in-Aid bill for fiscal year 2025, the largest allocation to nonprofits in the state’s history.

Delaware lawmakers pass the 2025 fiscal year Bond Bill, approving just over $1.1 billion for capital improvement projects across the state.

Joint Finance Committee Chair State Sen. Trey Paradee explains over $94 million is allocated for inflation and volume increases in statewide Medicaid service needs, one of the state’s largest spending factors.

Delaware’s budget writing committee begins solidifying changes to the state’s budget before it heads to the full General Assembly for approval.

Sussex County introduces its Fiscal Year 2025 budget, and it’s lower than this year.

Delaware’s latest budget forecast sees a revenue increase next year, but Secretary of Finance Rick Geisenberger says the money is already spoken for.

The Adult Basic Education Force releases its final report on recommendations to increase funding and support for adult basic education in the First State.

In 2022, Gov. Carney announced $40 million in American Rescue Plan Act funding for new construction and renovations in nine libraries across the state, but the operating budget for libraries has remained relatively flat over the past decade.