Tag: DEFAC

New Bill is Latest Move in Controversy Involving Revenue-Forecasting Group

On Thursday, the leaders of all four General Assembly political caucuses jointly introduced a bill to ensure the continued existence and operations of a group essential to the state’s multi-billion-dollar budgetary process. House Bill 370 would codify the Delaware Economic […]

State Revenue Growth Lags Proposed Spending

The Delaware Economic Financial Advisory Council (DEFAC) issued its latest state revenue estimate earlier this week for the upcoming fiscal year. This estimate is the third in a series of five, which collectively play a major role in determining state […]