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DE SJR5

Joint Resolution

Official Source

Status

Passed

6/28/2018

Primary Sponsor

Harris McDowell

Click for details

Origin

Senate

149th General Assembly

AI Summary

  • Establishes the official general fund revenue estimate for Delaware Fiscal Year 2018 at $4,762.9 million in gross revenue
  • Sets estimated revenue refunds at $367.8 million and net state general fund revenue at $4,395.1 million
  • Establishes estimated unencumbered funds carried forward from the previous fiscal year at $75.2 million
  • Complies with Delaware Constitution Article 8, Section 6(b) requirement that state appropriations cannot exceed 98 percent of estimated general fund revenue
  • Requires approval by a majority of both houses of the General Assembly and the Governor, as mandated by state constitutional provisions

Legislative Description

The Official General Fund Revenue Estimate For Fiscal Year 2018.

Last Action

Signed by Governor

6/28/2018

Full Bill Text

No bill text available