STATE OF DELAWARE
TO: Heads of all State Departments and Agencies
RE: Establishment of Governor's Economic Advisory Council
WHEREAS, the State of Delaware each year collects and disburses millions of dollars in order to provide the programs and services desired by its citizens; and
WHEREAS, in the past it has been customary to appoint short-term committees to undertake specific assignments when revenue problems developed; and
WHEREAS, the most recent of those committees, one headed by Robert W. Tunnell, Esquire has completed its work and no longer exists; and
WHEREAS, there is a need for a group of knowledgeable persons to conduct fiscal studies on a long-range and continuing basis and to advise the Governor and other state agencies on economic questions; and
WHEREAS, nowhere in the State of Delaware does there exist an official estimate of revenues that can be used by all concerned as a guide:
NOW, THEREFORE, I, RUSSELL W. PETERSON, by virtue of the authority vested in me as Governor of the State of Delaware, do hereby declare and order as follows:
1. That there is established the Governor's Economic Advisory Council, to consist of a Chairman and other members appointed by the Governor and to serve at his pleasure.
2. That this Council include among its functions the following:
(a) Carry on a continuing long-range study of the State's revenue sources, making suggestions when necessary for increases or reductions in taxation.
(b) Oversee the collection of revenues under existing statutes, serving in an advisory capacity to the State Tax Department and its Commissioner.
() Issue each year, during the first week of January, an estimate of anticipated revenue for the upcoming fiscal year. This estimate shall be made public.
(a) Act in a general advisory capacity to the Governor, State Tax Department, and other State fiscal agencies.
(b) Monitor the input from the most recently enacted tax programs so that information will be available upon which future decisions can be based.
(c) From time to time undertake special assignments as requested by the Governor.
Approved this 2nd day of October, 1969.
(GREAT SEAL) RUSSELL W. PETERSON
Secretary of State