THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2025.

Budget Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: K. Williams
Last action: 2025-07-01
Official status: Signed 7/1/25
Effective date: Not listed

Plain English Breakdown

The official source material does not specify that taxpayers and citizens are directly affected by this resolution.

Revenue Estimate for Fiscal Year 2025

This resolution sets the official revenue estimates and unencumbered funds for the State of Delaware's general fund in fiscal year 2025.

What This Bill Does

Sets the estimated gross general fund revenue for fiscal year 2025 at $7,281.7 million.
Estimates revenue refunds to be $581.1 million for fiscal year 2025.
Determines the net State general fund revenue as $6,700.6 million for fiscal year 2025.
Establishes estimated unencumbered funds at $552.9 million for fiscal year 2025.

Who It Names or Affects

The state government of Delaware

Terms To Know

General Fund Revenue Estimate: A prediction made by the state about how much money will be available in its main budget account for fiscal year 2025.
Unencumbered Funds: Money that is not tied up or committed to specific spending and can be used freely within the general fund.

Limits and Unknowns

The resolution does not specify how the revenue will be spent.
It only provides estimates for fiscal year 2025, with no information about future years.

Bill History

2025-07-01 Delaware General Assembly
Signed by Governor
2025-06-26 Delaware General Assembly
Passed By Senate. Votes: 20 YES 1 ABSENT
2025-06-25 Delaware General Assembly
Reported Out of Committee (Finance) in Senate with 1 Favorable, 3 On Its Merits
2025-06-24 Delaware General Assembly
Passed By House. Votes: 40 YES 1 VACANT
2025-06-24 Delaware General Assembly
Assigned to Finance Committee in Senate
2025-06-18 Delaware General Assembly
Introduced and Assigned to Appropriations Committee in House
2025-06-18 Delaware General Assembly
Reported Out of Committee (Appropriations) in House with 5 Favorable, 1 On Its Merits

Official Summary Text

THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2025.
This Resolution provides the official revenue, refund, and unencumbered funds estimates for Fiscal Year 2025.

Current Bill Text

Read the full stored bill text

Page 1 of 1
CG:RAM:RLS
0211530011
HOUSE OF REPRESENTATIVES
153rd GENERAL ASSEMBLY
HOUSE JOINT RESOLUTION NO. 5
THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2025.
1WHEREAS, the State Constitution, Article 8, Section 6(b) requires that “No appropriation, supplemental
2appropriation, or Budget Act shall cause the aggregate State general fund appropriations enacted for any given fiscal
3year to exceed 98 percent of the estimated State general fund revenue for such fiscal year from all sources, including
4estimated unencumbered funds remaining at the end of the previous fiscal year”; and
5WHEREAS, Section 6(b) also requires that “The amount of said revenue estimate and estimated
6unencumbered funds remaining shall be determined by the most recent Joint Resolution approved from time to time
7by a majority of the members elected to each House of the General Assembly and signed by the Governor”.
8NOW, THEREFORE:
9BE IT RESOLVED by the House of Representatives and the Senate of the 153rd General Assembly of the
10State of Delaware, with the approval of the Governor, that the estimated gross general fund revenue for Fiscal Year
112025 is $7,281.7 million, estimated revenue refunds are $581.1 million, estimated net State general fund revenue is
12$6,700.6 million and estimated unencumbered funds are $552.9 million.
SYNOPSIS
This Resolution provides the official revenue, refund, and unencumbered funds estimates for Fiscal Year 2025.
SPONSOR: Rep. Williams & Sen. Paradee
Bolden
Chukwuocha
Griffith
Postles
Short
Brown
Hansen
Sturgeon
Buckson
Lawson