Joint Finance Committee

Local News
8:31 am
Fri June 27, 2014

Delaware Legislative Panel Approves $45 Millions in Grant Funds

Credit Don Rush

DOVER, Del. (AP) - The Delaware legislature's joint finance committee has agreed on a $45 million package of grants for community organizations and nonprofit groups.

The grant-in-aid package, which now goes to the Senate for an initial floor vote, was released by the joint finance committee on Thursday.

The grants package is one of three budget bills, along with the operating budget and capital budget, that lawmakers must approve each year.

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Local News
8:28 am
Mon May 26, 2014

Lawmakers To Trim Delaware State Budget This Week

Credit Don Rush

DOVER, Del. (AP) - Members of the Delaware legislature's budget writing committee will be getting back to work after the long holiday weekend as they continue to fashion a spending plan for the fiscal year starting July 1.

The Joint Finance Committee is set to reconvene Tuesday as members continue to work through a list of about $37 million in suggested changes to Gov. Jack Markell's proposed budget that administration officials developed amid recent steady revenue declines.

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Local News
9:03 am
Thu November 7, 2013

Delaware Lawmakers Mull Grant-In-Aid-Budget

Credit Don Rush

DOVER, Del. (AP) - Budget writers from Delaware's legislature are meeting to discuss the state's annual grant-in-aid budget.

Thursday's meeting of the Joint Finance Committee in Dover marks the second time the panel has convened in recent weeks in advance of January's start of a new session of the General Assembly.

Officials have suggested that next year could be a tight budget year. 

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Local News
8:28 am
Thu October 3, 2013

State Budget Writers Meet Early in Delaware

Delaware Legislative Hall
Credit Delaware State website

DOVER, Del. (AP) - Delaware's General Assembly doesn't reconvene until January, but members of the legislature's budget-writing committee are already getting down to work.

With Delaware's economy relatively stagnant and the state's financial picture uncertain, members of Joint Finance Committee planned to meet Thursday in Dover to discuss state spending on Medicaid, one of the biggest budget expenses.

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News
9:20 am
Thu June 27, 2013

Delaware Wrapping Up State Budgets

Credit Don Rush

DOVER, Del. (AP) - Delaware legislative budget writers have approved $44.7 million in grants to nonprofit organizations, community groups and volunteer fire companies.

The spending plan approved by the Joint Finance Committee on Wednesday is $1.7 million higher than the $43 million recommended by Gov. Jack Markell in January.

The grants bill is the third and smallest budget bill that lawmakers pass each year, along with the operating budget and a capital budget for roads and construction projects.

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News
8:30 am
Fri May 31, 2013

Del. Budget Committee Finishes $3.7 Billion Spending Plan

Credit Don Rush

DOVER, Del. (AP) - Members of the legislature's budget writing committee have wrapped up their work on a spending plan for the fiscal year starting July 1.

The $3.7 billion operating budget approved by the Joint Finance Committee on Thursday represents a 3.6 percent increase over the current year's budget and is about $6 million higher than the budget proposed by Gov. Jack Markell in January.

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News
9:10 am
Tue May 28, 2013

Budget Writing Resumes in Delaware Legislative Committee

Delaware Governor Jack Markell
Credit official photo

DOVER, Del. (AP) - Members of the legislature's budget writing committee are continuing their work revising Gov. Jack Markell's budget for the upcoming fiscal year.

The Joint Finance Committee will reconvene Tuesday in Dover to resume the budget markup process.

Committee members already have made several additions to Markell's $3.7 billion spending plan, including adding millions of dollars for schools and court security.

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News
8:28 am
Wed May 22, 2013

Delaware Gun Buyback Program To Get $200,000

Credit all-free-download.com

DOVER, Del. (AP) - Legislative budget writers have appropriated $200,000 for a gun buyback program that would be administered by Delaware State Police.

Members of the Joint Finance Committee voted 7-to-5 Tuesday to appropriate the money, the same amount appropriated, but never spent, last year.

It's unclear whether this year's appropriation will ever be spent, but some lawmakers say budget language should be added to prohibit police from reselling any guns acquired in a new buyback program and require instead that they be destroyed.

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News
8:52 am
Tue May 21, 2013

Revenues Up in Delaware

Credit Don Rush

NEW CASTLE, Del. (AP) - The panel that sets Delaware's official financial projections is increasing its revenue estimates over last month's figures.

The Delaware Economic and Financial Advisory Council on Monday boosted its revenue estimate for the current year by $15.4 million, mostly due to a $12 million jump in estimated corporate income taxes.

For fiscal year 2014, which starts July 1, the panel increased its revenue estimate by about $5 million, also due largely to corporate income taxes.

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News
9:07 am
Thu January 31, 2013

Delaware Lawmakers Grapple With New Budget Deficit

DOVER, Del. (AP) - State lawmakers are staring at a possible $63 million hole as they begin work on fashioning a budget for the fiscal year starting July 1.

The legislature's Joint Finance Committee began its annual series of agency budget hearings on Wednesday after being told that Delaware's modest economic recovery will continue at a "frustratingly slow" pace.

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News
8:23 am
Tue June 5, 2012

Top Delaware Legislative Committe Wraps Up Budget

DOVER, Del. (AP) - Members of the General Assembly's budget writing committee have wrapped up their work on an operating budget for the fiscal year starting July 1.

With only a few minor details remaining, members of the Joint Finance Committee closed the books Monday on a $3.58 billion budget for fiscal 2013, $78 million above this year's budget and slightly higher than Gov. Jack Markell's proposed 2013 budget.

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News
8:23 am
Tue May 22, 2012

Delaware Lawmakers to Divide Up New Revenues

 

 

When the Delaware General Assembly’s Joint Finance Committee meets today it will have $60 million more than expected for the 2013 fiscal budget beginning in July.

The Delaware Economic and Financial Advisory Council now says the state could get around $63 million more from a corporate income tax settlement.

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