Department of

DEFAC Revenue Forecast

Most Recent Forecasts from the Delaware Economic and Financial Advisory Council (DEFAC)

May 2024

General Fund



FY2025 Appropriations Limit

Revenue Subcommittee Background Material

Transportation Trust Fund



DEFAC Meeting Minutes

DEFAC Meeting Minutes are a record of the process that yields the revenue and expenditure forecasts
upon which Delaware’s state budget is constructed. 

March 2024
December 2023
October 2023
June 2023
May 2023
March 2023

If you have questions concerning the information contained on this page, please contact David Roose at


Delaware Economic and Financial Advisory Council (DEFAC) Meeting Dates

According to the terms set forth in the Delaware Code and Governor Carney’s Executive Order Number 26, DEFAC’s tentative meeting dates for Fiscal Year 2024 are below. These dates may be subject to change. DEFAC’s Chairperson may also schedule additional meetings. Please check the Public Meeting Calendar for start times.

Locations and times to be announced: 

Monday, October 16, 2023
Monday, December 18, 2023
Monday, March 18, 2024
Monday, May 20, 2024
Monday, June 17, 2024







Map and Directions to Buena Vista


DEFAC Public Comment Format

DEFAC welcomes public comment on any matters that come before the Council (see Executive Order 26). Written public comment to DEFAC may be submitted by email at any time to with a name, email or street address, and the name of any organization(s) the person represents. Persons wishing to provide verbal public comment during a DEFAC meeting must sign-up prior to the start of the meeting.  In-person participants may sign up at the meeting site.  If the meeting has a remote option, the participant must register by 2 hours prior to the scheduled start time of the full council meeting via email at by providing their name and the email address or phone number they will be using to remotely access the meeting along with the name of any organization(s) the person represents. Public comment will be timed and limited to 2 minutes per speaker. At the discretion of the Chair, aggregate public comment may be limited to no more than 20 minutes at any one meeting of DEFAC.


Delaware Economic and Financial Advisory Council (DEFAC) Members

According to Governor Carney’s Executive Order Number 26, DEFAC shall consist of at least 25 members appointed by the Governor to serve during his pleasure. The membership of DEFAC shall broadly represent both the public and private sectors of the State’s economy. The Governor shall designate a Chairperson of DEFAC from among its members.

The list of current DEFAC members can be found on the Boards and Commissions website: DEFAC Members.

Public Meetings

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