DE SB216

Establishes the Delaware Works Trust Fund (DWTF) to finance capital construction projects that improve Delaware's educational system and infrastructure over a 20-year bond sale period.

Restricts DWTF use exclusively to capital construction projects and prohibits spending on general operating expenses.

Allocates 25% of annual DWTF funds equally among four entities: Department of Transportation, Department of Natural Resources and Environmental Control (tourism projects), schools (minor projects up to $100,000), and municipalities/political subdivisions/nonprofits for public works.

Requires municipalities, political subdivisions, and nonprofits receiving DWTF funding to provide matching funds on a one-to-one basis, administered by the Department of Labor Office of Management and Budget.

Authorizes the Secretary of Finance to issue bonds for DWTF purposes, with bonds payable solely from pledged funds and explicitly stating that the State's faith and credit is not pledged to repay the bonds.