DEFAC

State leaders continue to deliberate over a new healthcare spending benchmark formula as hospitals prepare for a new budget review process.

The Delaware Economic and Financial Advisory Committee is projecting an almost identical economic forecast for Delaware as it did at its last meeting, but concerns for the future remain.

Delaware's economic projections are faring better than the state's financial leaders predicted in March, but uncertainty at the federal level remains a concern.

With Delaware’s newly implemented hospital cost review board, the state intends to rework how it formulates its healthcare spending benchmark.

Legislation to codify Gov. John Carney’s budget smoothing process heads to the Senate Floor, but Republican State Rep. Danny Short (R-Seaford) calls for more.

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

DEFAC projects a slight increase of $12.8 million in revenue for the current fiscal year compared to its October prediction, as well as a $33.5 million revenue increase for fiscal year 2025

Delaware’s revenue forecast is looking better heading into the new year.

The First State’s revenue forecast still looks good, but gains are slowing coming out of the pandemic. The Delaware Economic and Financial Advisory…

Delaware’s financial outlook continues to exceed expectations. The Delaware Financial Advisory Council is optimistic but cautious of revenue bumps it’s…