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Note: This page is part of the Governor's News Archive, which holds press releases from January 2009 through September 2011. Since October 2011, recent news can be found in the Newsroom and archived news is available at news.delaware.gov. June 11, 2009 Markell Signs Legislation Closing Fiscal 2009 Budget GapDOVER – Gov. Jack Markell announced Thursday that his administration and state legislators have bridged the $26.1 million shortfall in the fiscal 2009 operating budget. The shortfall has been closed through a combination of roughly $19 million in savings the administration’s Office of Management and Budget has identified in the existing budget and $6.5 million in previously appropriated capital funds that are being reverted to the General Fund by legislation the Governor signed into law Thursday night. “This is good news, but we still have a long way to go,” Markell said. “My team and I will be working closely with the Joint Finance Committee and the rest of the General Assembly to make the tough choices required to solve the historic $800 million shortfall in our fiscal 2010 operating budget by June 30.” |
