THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2026.

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

Checked against official source text during the last sync.

Revenue Estimate for Fiscal Year 2026

This resolution sets the official revenue estimates and unencumbered funds for the State of Delaware's general fund in fiscal year 2026.

What This Bill Does

Sets the estimated total revenue for the state’s general fund at $7,330.9 million for fiscal year 2026.
Estimates that refunds will be $548.0 million during fiscal year 2026.
Calculates the net State general fund revenue to be $6,782.9 million after accounting for refunds.
Determines there are estimated unencumbered funds of $446.9 million remaining from the previous fiscal year.

Who It Names or Affects

The state government and agencies that rely on the general fund revenue estimates.

Terms To Know

General Fund: A main account where a state collects most of its money from taxes, fees, and other sources to pay for public services.
Unencumbered Funds: Money in the general fund that has not been committed or reserved for specific spending purposes.

Limits and Unknowns

The resolution does not specify how the revenue estimates will be used.
It is unclear what actions, if any, are required based on these estimates.

Bill History

2025-07-01 Delaware General Assembly
Signed by Governor
2025-06-26 Delaware General Assembly
Passed By Senate. Votes: 21 YES
2025-06-25 Delaware General Assembly
Reported Out of Committee (Finance) in Senate with 4 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 4 Favorable, 2 On Its Merits

Official Summary Text

THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2026.
This Resolution provides the official revenue, refund, and unencumbered funds estimates for Fiscal Year 2026.

Current Bill Text

Read the full stored bill text

Page 1 of 1
CG:RAM: RLS
0211530012
HOUSE OF REPRESENTATIVES
153rd GENERAL ASSEMBLY
HOUSE JOINT RESOLUTION NO. 6
THE OFFICIAL GENERAL FUND REVENUE ESTIMATE FOR FISCAL YEAR 2026.
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
112026 is $7,330.9 million, estimated revenue refunds are $548.0 million, estimated net State general fund revenue is
12$6,782.9 million and estimated unencumbered funds are $446.9 million.
SYNOPSIS
This Resolution provides the official revenue, refund, and unencumbered funds estimates for Fiscal Year 2026.
SPONSOR: Rep. Williams & Sen. Paradee
Bolden
Chukwuocha
Griffith
Postles
Short
Brown
Hansen
Sturgeon
Buckson
Lawson