The Delaware General Assembly’s Joint Finance Committee is wrapping up a week of hearings on Governor Jack Markell’s recommended Bond Bill of $448-million.
Today the panel hears capital spending requests from the Department of Natural Resources, the University of Delaware, the Department of State and the Delaware National Guard. Hearings begin at 10:00 a.m. at Legislative Hall in Dover. The JFC also devoted several weeks of hearings to the recommended operating budget for Fiscal Year ’13, which totals $3.544-billion. Grant-in-aid spending proposals total $40.2-million. The General Assembly resumes its session March 13th, and the Delaware Economic and Financial Advisory Council will provide updated revenue estimates March 19th. The fiscal year begins July 1st.