Delaware Panel Lowers Revenue Forecast - 47 ABC - Delmarva's Choice

Delaware Panel Lowers Revenue Forecast

Posted: Updated:

NEW CASTLE, Del. (AP) - The panel that sets Delaware's official financial projections is releasing new numbers that won't make life any easier for lawmakers as they start drafting a budget for the upcoming fiscal year.
    
The Delaware Economic and Financial Advisory Council on Monday lowered its revenue estimate for the fiscal year starting July 1 by $19 million compared to its April estimate.
    
But an even more pressing problem for Markell administration officials is how to close a $14 million hole in the current budget before the fiscal year ends June 30.
    
Members of the legislature's Joint Finance Committee convene Tuesday to begin marking up Gov. Jack Markell's proposed budget for the fiscal year starting July 1.

 

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • ContestsMore>>

  • Teacher Who Makes A Difference

    Teacher Who Makes A Difference

    The WMDT 47 Teachers Who Make a Difference Contest is Sponsored by Accurate Optical: "Encouraging children of all ages to come in for an annual eye exam to help them see better in school." Each month weMore >>
    The 47 ABC "Teachers Who Make a Difference" Sponsored by Accurate Optical Encouraging children of all ages to come in for an annual eye exam to help them see better in school.More >>
  • Free Tuition Contest

    Free Tuition Contest

  • Most Popular StoriesMost Popular StoriesMore>>

  • Head-On Car Crash Kills 3 In Accomack

    Head-On Car Crash Kills 3 In Accomack

    Saturday, August 30 2014 11:39 PM EDT2014-08-31 03:39:26 GMT
    ACCOMACK COUNTY, Va. - A head-on collision has taken the lives of three after a drunk driver struck a car holding six people. The drunk driver, who was driving a van, has been arrested for DUI. The crashMore >>
    ACCOMACK COUNTY, Va. - A head-on collision has taken the lives of three after a drunk driver struck a car holding six people. The drunk driver, who was driving a van, has been arrested for DUI. The crashMore >>
  • Homeless Sex Offenders

    Homeless Sex Offenders

    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
  • Six Injured In Dagsboro Area Crash

    Six Injured In Dagsboro Area Crash

    Sunday, August 31 2014 9:51 AM EDT2014-08-31 13:51:20 GMT
    DAGSBORO, Del. - Troopers are investigating a three vehicle crash that left six people injured last night.More >>
    DAGSBORO, Del. - Troopers are investigating a three vehicle crash that left six people injured last night.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.