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  Category: State Budget


Delaware’s Strong Fiscal Management Again Earns Triple-A Bond Rating

Department of Finance | Governor John Carney | News | Office of the Governor | State Budget | Date Posted: Wednesday, January 15, 2020

WILMINGTON, Del. – As Delaware officials prepare to issue $300 million of General Obligation Bonds later this month, the State has again received the highest possible bond ratings.  One of only a handful of states granted Triple-A status from each of the four major bond rating agencies, January’s ratings from Fitch Ratings, Moody’s Investor Services, S&P […]




Governor Carney Signs $4.4 Billion Fiscal Year 2020 Budget

Governor John Carney | Office of the Governor | State Budget | Date Posted: Tuesday, June 25, 2019

Budget invests in education, limits budget growth, and bolsters reserves DOVER, Del. – Governor John Carney on Tuesday signed a $4.4 billion Fiscal Year 2020 budget plan that limits operating budget growth to 4.2 percent, invests in education, and gives state employees a raise, while setting aside more than $100 million in projected reserves. The […]




Governor Carney’s Statement on Delaware Economic and Financial Advisory Council (DEFAC) Estimates

Governor John Carney | Office of the Governor | State Budget | Date Posted: Monday, April 22, 2019

WILMINGTON, Del. – Governor John Carney on Monday released the following statement on the latest estimates from the Delaware Economic and Financial Advisory Council (DEFAC): “We continue to show strong revenue growth, which is a positive sign for Delaware’s economy and our state budget. But, as we’ve said all along, much of this revenue is […]




Governor Carney Presents Fiscal Year 2020 Recommended Budget

Governor John Carney | Office of the Governor | State Budget | Date Posted: Thursday, January 24, 2019

Plan advances priorities outlined in State of the State including public education DOVER, Del. – Governor Carney on Thursday presented his Fiscal Year 2020 Recommended Budget, sending the General Assembly a plan that will make important investments in Delaware’s economy, public schools, and quality of life. “We presented a responsible budget plan today that makes […]




Governor Carney Signs Executive Order on Budget Smoothing

Governor John Carney | Kent County | New Castle County | News | Office of Management and Budget | Office of the Governor | State Budget | Sussex County | Date Posted: Saturday, June 30, 2018

Action will create benchmark budgeting mechanism and promote fiscal sustainability DOVER, Del. – Governor John Carney on Saturday signed Executive Order 21 to implement recommendations of the advisory panel to DEFAC to study potential fiscal controls and budget smoothing mechanisms. The Order will create a benchmark budgeting mechanism, and a Budget Stabilization Fund for budget […]







  Category: State Budget


Delaware’s Strong Fiscal Management Again Earns Triple-A Bond Rating

Department of Finance | Governor John Carney | News | Office of the Governor | State Budget | Date Posted: Wednesday, January 15, 2020

WILMINGTON, Del. – As Delaware officials prepare to issue $300 million of General Obligation Bonds later this month, the State has again received the highest possible bond ratings.  One of only a handful of states granted Triple-A status from each of the four major bond rating agencies, January’s ratings from Fitch Ratings, Moody’s Investor Services, S&P […]




Governor Carney Signs $4.4 Billion Fiscal Year 2020 Budget

Governor John Carney | Office of the Governor | State Budget | Date Posted: Tuesday, June 25, 2019

Budget invests in education, limits budget growth, and bolsters reserves DOVER, Del. – Governor John Carney on Tuesday signed a $4.4 billion Fiscal Year 2020 budget plan that limits operating budget growth to 4.2 percent, invests in education, and gives state employees a raise, while setting aside more than $100 million in projected reserves. The […]




Governor Carney’s Statement on Delaware Economic and Financial Advisory Council (DEFAC) Estimates

Governor John Carney | Office of the Governor | State Budget | Date Posted: Monday, April 22, 2019

WILMINGTON, Del. – Governor John Carney on Monday released the following statement on the latest estimates from the Delaware Economic and Financial Advisory Council (DEFAC): “We continue to show strong revenue growth, which is a positive sign for Delaware’s economy and our state budget. But, as we’ve said all along, much of this revenue is […]




Governor Carney Presents Fiscal Year 2020 Recommended Budget

Governor John Carney | Office of the Governor | State Budget | Date Posted: Thursday, January 24, 2019

Plan advances priorities outlined in State of the State including public education DOVER, Del. – Governor Carney on Thursday presented his Fiscal Year 2020 Recommended Budget, sending the General Assembly a plan that will make important investments in Delaware’s economy, public schools, and quality of life. “We presented a responsible budget plan today that makes […]




Governor Carney Signs Executive Order on Budget Smoothing

Governor John Carney | Kent County | New Castle County | News | Office of Management and Budget | Office of the Governor | State Budget | Sussex County | Date Posted: Saturday, June 30, 2018

Action will create benchmark budgeting mechanism and promote fiscal sustainability DOVER, Del. – Governor John Carney on Saturday signed Executive Order 21 to implement recommendations of the advisory panel to DEFAC to study potential fiscal controls and budget smoothing mechanisms. The Order will create a benchmark budgeting mechanism, and a Budget Stabilization Fund for budget […]