Office of Management and Budget

Delaware legislative leadership decides to halt the Legislative Hall expansion project over budget concerns and federal funding cuts.

Significant Delaware capital projects are beginning to wrap up as American Rescue Act Funding runs its course and the state opts to reduce capital project funding.

The Joint Finance Committee holds its first budget hearing for fiscal year 2026, and discussions on budgetary cuts are already underway.

An almost $150 million renovation project at Dover’s Legislative Hall is underway, but some members of the community are raising questions about the price tag.

DNREC is only requesting a 1.4% budget increase from the general fund, but asks for support on legislation to increase department-wide fees.

Gov. John Carney delivers his 2025 budget proposal, requesting an 8.25% increase in general fund spending from the current year.

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

This fiscal year, the University of Delaware, Delaware State University and Delaware Tech each received $20 million for capital improvements, but all three are asking for close to a $10 million increase in FY 2025.

Delaware retains its AAA Bond Rating.

The majority of state contracts for construction, goods, and services are going to nonminority firms according to a study ordered by the General Assembly.