Delaware SJR16 sets the official revenue estimates for Fiscal Year 2026.
Delaware SJR16 establishes the official revenue estimates for Fiscal Year 2026, including gross general fund revenue, refunds, net State general fund revenue, and unencumbered funds. The resolution adheres to the requirements of the State Constitution, Article 8, Section 6(b), which mandates that appropriations do not exceed 98 percent of the estimated State general fund revenue. The approved estimates are $7,633.1 million for gross general fund revenue, $661.8 million for refunds, $6,971.3 million for net State general fund revenue, and $440.5 million for unencumbered funds.
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- Legal Framework
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