Delaware sees another boost to its budgetary bottom line in the latest state revenue forecast.
The Delaware Economic and Financial Advisory Council (DEFAC) added another $184 million to the pool of money lawmakers can use when crafting the fiscal year 2023 budget.
They now have $6.48 billion dollars available to spend. That’s well above the $4.9 billion budget and $200 million in one-time supplemental spending Gov. John Carney proposed in January.
$236 million of the surplus revenue will go toward the $300 rebate check each adult in the state will receive starting this month.
The budget-writing Joint Finance Committee will use the May DEFAC estimates when it begins its budget mark-up May 24th.
DEFAC offers one final set of estimates in mid-June before lawmakers vote on the state’s 2023 budget before the end of the legislative session June 30.
