Delaware takes steps to balance budget

    A crucial step in balancing Delaware’s budget is now complete. Budget hearings between all state agencies and the joint finance committee wrapped up yesterday.

    A crucial step in balancing Delaware’s budget is now complete. Budget hearings between all state agencies and the joint finance committee wrapped up yesterday.

    Listen:
    [audio: reports20090306delbudget.mp3]

    There have been 5 weeks of public hearings with 11 state agencies about services that effect everyone in Delaware from higher education to public safety. As co-chair of the 12-member joint finance committee, Dennis Williams has run every meeting.  As hard as it has been, Williams says it is only going to get tougher.

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    Williams: This is going to be very, very difficult. We know we have to balance the budget by June the 30th. And we will balance the budget by June 30. But some of these cuts are going to be very difficult.

    The next step, sometime in the next few weeks, is for the governor and his staff to present a revised budget.

    The Delaware Economic and Financial Advisory Council is scheduled to come out with its new state revenue estimates on March 16.

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