Delaware Business Roundtable Releases State Finances Study
Wilmington, DE – The State of Delaware faces a structural budget challenge with multiple dimensions – a revenue portfolio that is not responsive to the economy, unsustainable expenditure growth and the need for more robust economic growth, according to an independent study released today by the Delaware Business Roundtable. The study projects that, absent policy changes, annual operating budget deficits will expand to over $600 million, or 11 percent of expenditures, by 2025.
