DEFAC

On matters related to the corporation-friendly environment Delaware is known for, state senators approved a bill to solidify a long existing financial review board into law.

Delaware's council charged with making economic forecasts for the state could soon be cemented into code, as House lawmakers send an amended HB 370 on to the senate.

A bipartisan group of lawmakers want to codify the existence of Delaware's Economic & Financial Advisory Council, which has existed for nearly half a century through executive order.

Gov. Matt Meyer pushed back on accusations that he removed Delaware Economic and Financial Advisory Council member Mike Houghton for publicly questioning his administration this month.

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.