Tag Archives: Analysis

Independent Report Assesses Delaware’s Spending and Revenue Situation

By: Wolf von Baumgart, Staff Writer An independent report has assessed the State of Delaware’s spending and revenue patterns and its possible impact in the context of the general economy. The non-partisan 27-page report, Delaware’s Structural Budget Problem: Causes, Potential Solutions, and Policy Tradeoffs, prepared by Michael C. Genest and Brad D. Williams of Capital Matrix Consulting, was commissioned by the Delaware Business Roundtable in an effort to offer constructive suggestions for the state’s budgetary and revenue raising processes. Well-illustrated with graphs, charts and tables. the study also illustrates some key state spending parameters and its analysis raises serious questions on how the State of Delaware raises and spends money in light of the current economy. Highlights include: • Delaware’s revenue portfolio is generally poorly structured. Read more