Delaware panel to update revenue forecast - WMDT 47 News - Delmarva's Choice

Delaware panel to update revenue forecast

Posted: Updated:

NEW CASTLE, Del. (AP) - The panel that sets Delaware's official revenue projections has increased its revenue figures for the current and upcoming fiscal years.

The Delaware Economic and Financial Advisory Council boosted its revenue estimates on Friday by about $20 million for the current year and about $4 million for the fiscal year that starts July 1.

The revenue increases, combined with other budget revisions and funds not allocated in the operating budget for the new year, will leave about $56 million available to lawmakers as they draft a capital budget for fiscal 2013 over the coming days.

Lawmakers will decide how much in grant money to distribute to fire companies, nonprofit groups and community agencies.

 

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Local NewsLocal News

  • Monday, May 20 2013 7:52 AM EDT2013-05-20 11:52:14 GMT
    BERLIN, Md. - Police say was a factor in a two car accident Sunday night. According to the Maryland State Police, around 9:00 PM, a Toyota Corolla was stopped at a red light at the intersection of U.S.
    BERLIN, Md. - Police say was a factor in a two car accident Sunday night.

  • Monday, May 20 2013 5:15 AM EDT2013-05-20 09:15:09 GMT
    NEW CASTLE, Del. (AP) - The panel that sets Delaware's official financial projections is updating its revenue forecast.    The Delaware Economic and Financial Advisory Council will meet Monday to update
    NEW CASTLE, Del. (AP) - The panel that sets Delaware's official financial projections is updating its revenue forecast.

  • Monday, May 20 2013 5:12 AM EDT2013-05-20 09:12:46 GMT
    SALISBURY, Md. - We're just learning of a shooting on Winterborn lane tonight, that's left one person with non life-threatening injuries. Details limited, police are still investigating just what happened.
    SALISBURY, Md. - Salisbury Police have confirmed a shooting on Winterborn Lane late Sunday night, that has left one person with non-life threatening injuries.
    •   

  • Most Popular StoriesMost Popular Stories

  • Feeling the pain at the pump? We can help! Watch WMDT 47 News at 6 for our Spring Gas Giveaway. WMDT and Gordy Tiger Mart want to give away 30 $100 Exxon Mobil gas cards starting April 25, 2013. Register
    Register to win a $100 gas card!

  • Sunday, May 19 2013 8:05 PM EDT2013-05-20 00:05:46 GMT
    VIRGINIA BEACH, Va. (AP) - Two FBI special agents on the agency's elite Hostage Rescue Team have been killed in a training accident in Virginia.    The FBI's national press office said in a statement Sunday
    VIRGINIA BEACH, Va. (AP) - Two FBI special agents on the agency's elite Hostage Rescue Team have been killed in a training accident in Virginia.    The FBI's national press office said in a statement Sunday

  • Sunday, May 19 2013 12:11 AM EDT2013-05-19 04:11:16 GMT
    EASTON, Md. - Three people were injured today in an accident on Route 50 in Easton, leaving one in stable condition.Officers responded to the scene near the Maryland State Police Barrack.  Preliminary
    EASTON, Md. - Three people were injured today in an accident on Route 50 in Easton, leaving one in stable condition.
    •   

  • Contests

  • This week's Friday Freebie is a spa package, from Made Ya Look Salon and Day Spa in Rehoboth Beach. Valued at $150.
    This week's Friday Freebie is a spa package, from Made Ya Look Salon and Day Spa in Rehoboth Beach. Valued at $150.

  • Feeling the pain at the pump? We can help! Watch WMDT 47 News at 6 for our Spring Gas Giveaway. WMDT and Gordy Tiger Mart want to give away 30 $100 Exxon Mobil gas cards starting April 25, 2013. Register
    Register to win a $100 gas card!

  • The WMDT/Mountaire Better Delmarva Award is a monthly honor designed to highlight local individuals, businesses, civic organizations or classrooms who are going above and beyond in their effort to assist others in the community or to improve and protect the local environment.  Each month a winner is chosen by a Mountaire selection committee from submitted nominations.
    •   
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2013 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.