Delaware’s budget increased cumulatively more than pop+inf in state funds and all funds from 2014-23, meaning that taxes are higher than the average taxpayer can afford. 

  • The 2023 state funds budget is $1.6 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew faster than population growth plus inflation for the last ten years, the state spent and taxed $4.1 billion too much.
  • The 2023 all funds budget is $3.2 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew faster than population growth plus inflation over the past decade, the state spent and taxed $10.8 billion too much.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $11.95
  • FY 2025 Only State Funds Budget Limit ($ Billions): $12.75
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 6.69%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: $1,550
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: $6,202
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: $3,947
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: $15,789

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $16.14
  • FY 2025 All Funds Budget Limit ($ Billions): $17.22
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 6.69%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: 3085.637875
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: 12,343
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: 10,440
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: 41,761

Other Considerations