Delaware revenue forecast panel meets

AP News
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Posted: Dec 19, 2011 11:01 AM
Delaware revenue forecast panel meets

The panel that sets Delaware's official revenue forecast is meeting to get an update on the state's economic picture.

The Delaware Economic and Financial Advisory Council meets Monday, following meetings earlier in the day by its revenue and expenditure subcommittees.

The panel last met in September, when it lowered the revenue forecast for the current fiscal year by about $43 million.

State budget officials will use the updated numbers as they prepare a proposed budget for the upcoming fiscal year that Gov. Jack Markell will unveil in January.