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Bill

Bill

HJR 6

THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2026.

153rd General Assembly (2025-2026) Introduced by Darius Brown and 9 co-sponsors

Delaware legislature officially sets FY2026 General Fund revenue projections, establishing spending cap for state budget appropriations and program funding.

Signed by Governor
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Bill Summary · HJR 6

Legislative bill overview

HJR 6 officially establishes Delaware's General Fund revenue estimate for Fiscal Year 2026, setting the baseline projection for state tax collections and available funds. This joint resolution provides the fiscal framework that the state budget will be built upon, determining how much revenue the state expects to have for spending and appropriations.

Why is this important

The revenue estimate directly constrains all state spending decisions for the fiscal year—it essentially caps how much money lawmakers can appropriate for education, healthcare, infrastructure, and other programs. An inaccurate estimate can force mid-year budget cuts if revenues fall short or leave money unallocated if estimates prove too conservative, affecting program continuity and state employee payroll.

Potential points of contention

  • Economic forecasting accuracy: Revenue estimates depend on predictions about tax collections, employment, and consumer spending that may diverge significantly from actual conditions
  • Political incentives: Lawmakers may favor optimistic estimates to fund more programs without raising taxes, or conservative estimates to justify tax increases
  • Budget flexibility limitations: A locked-in estimate can create budget rigidity if economic conditions change unexpectedly during the fiscal year

Compiled from official sources — confirm details with the bill’s official record.

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