Delaware spending still expected to hit close to $7 billion for FY25, decrease on the horizon

The body in charge of projecting the state’s revenues and expenditures says Delaware will bring in a little bit more and spend a little bit less than its last prediction.

Tuesday marked the Delaware Economic Financial Advisory Council’s (DEFAC) last meeting of the year and final meeting under Gov. John Carney’s administration.

The council projects the state will rake in $100 million more in the current fiscal year (FY25) than projected at its October meeting, estimating state revenues to hit over $6.6 billion by the end of June…

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