Greg Patterson recently met ABC members at our first Pancakes and Politics breakfast to discuss President Joe Biden's Infrastructure Law. For a copy of his presentation, click here.
He was appointed by Governor John Carney in January 2022 as Infrastructure Implementation Coordinator to manage funding received by the State of Delaware through the Bipartisan Infrastructure Law signed by President Biden in November 2021.
Delaware is expected to receive more than $2 billion over 5 years through the law, including significant new funding for road and bridge repairs, public transit, broadband expansion, clean water projects, and electric vehicle infrastructure.
SB 40, Governor Carney’s proposed state capital budget was introduced to the General Assembly last week. For a copy of the bill, click here. The bill will go through the Appropriations committee for final approval before being submitted for full General Assembly vote in June.
The proposed capital budget is the highest in state history at $1.289 billion dollars.
Bond Bill Highlights:
Office of Management and Budget - $445,413 million
Department of Education - $203,415 million
DNREC - $60 million
DelDOT - $322,280 million
U of DE, Delaware State and Delaware Tech - $20 million each
HB 75, Governor John Carney’s budget was presented to the General Assembly last week. For a copy of the bill, click here. The bill will go through Appropriations committee for final approval before being submitted for full General Assembly vote in June.
Governor Carney's plan focuses on strengthening the economy, investing in public schools, supporting Delaware's families and workforce, and protecting the environment.
Fiscal Year 2024 Budget Highlights
General Fund Operating budget totals $5.5 billion, growing 7.4% from FY23
Sets aside over $18.9 million in reserves (after projected cash to bond bill and grant in aid)
Appropriates $324.9 million toward one-time items in a separate supplemental appropriation bill
Takes continued steps toward providing compensation and pay equity for state employees
Increases teacher pay by 9% and public education employee pay by 3%
Increases Opportunity Funding investments by $15 million in our schools for low-income students and English language learners
Historic investment of $101.5 million in affordable housing programs and incentives
Supports economic development and infrastructure throughout the State
Continues investments in clean water, economic development and fulfills our commitments to new school construction
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