Delaware Explained: State Revenue

Delaware Explained: State Revenue

Why Should Delaware Care?More than two-thirds of Delaware’s budget is derived directly or indirectly from state residents through taxes on income, businesses, real estate and sales. As new debates arise over how Delaware should raise new funds, it’s important to understand the current reality.Today, state legislators will begin the final markup of the state’s Fiscal Year 2026 budget.Delaware’s fiscal years run July 1 to June 30, and therefore re…