Gov. Carney signs off on FY’22 budget
DOVER, Del. – Wednesday Delaware Governor John Carney put his pen to paper, signing the $4.7 billion Fiscal year 2022 operating budget. The governor says the plan is sustainable, and that it makes historic investments in Delaware’s public schools. The budget also sets aside $286 million in savings for future economic downturns.
The operating budget also includes funding for the Delaware’s Opportunity Funding program. The governor says the extra funding will help provide more support in classrooms for low-income and English learner students across the state. By Fiscal Year 2025, funding for the program will reach as much as $60 million every year. “This is a sustainable budget that makes investments where they’re needed most, including in our public schools statewide, and prepares us for the future,” said Gov. Carney.
Governor Carney also signed a $1.3 billion capital budget. It’s the largest capital infrastructure plan in the First State’s history. The capital budget has more than $245 million dedicated to school construction. It also covers investments in roads, bridges, and state parks improvements. Plus, the money will help pay for farmland preservation, clean water upgrades, and high-speed broadband in rural communities.