Budget Stabilization Fund
Coverage of Budget Stabilization Fund in the Nexus archive.
- DeSantis vetoes $1.7B from his eighth — and final — state budget as governor
Gov. Ron DeSantis vetoed $1.7 billion in spending from his final state budget, including cuts to programs for the elderly, correctional officer pay raises, and the Budget Stabilization Fund. The $117.6 billion budget is smaller than the current year's and includes priorities like Everglades restoration, teacher pay hikes, and a cancer treatment program. DeSantis also vetoed prison construction and hospital funding, continuing a pattern of rejecting such measures.
- Delaware lawmakers propose adding $87M to FY2027 budget, exceeding governor’s growth cap
Delaware lawmakers added $87.4 million to the state's FY2027 budget, exceeding Governor Matt Meyer’s 5% spending growth cap. The Joint Finance Committee increased total spending to $7 billion and one-time supplemental spending to $146.2 million, supported by projected additional revenue from the Delaware Economic and Financial Advisory Council. The budget did not draw from the state’s rainy day or stabilization funds.