SENATE JOINT RESOLUTION NO. 50
REVISING THE OFFICIAL ESTIMATE OF GENERAL FUND REVENUES FOR THE FISCAL YEAR ENDING JUNE 30, 1980.
WHEREAS, the Governor and the General Assembly are committed to constrain the level of State spending within available revenues for Fiscal Year 1980; and
WHEREAS, such determination would be facilitated by an agreement upon the adoption of official estimates of Fiscal Year 1980 revenues based upon the most current information; and
WHEREAS, the Governor and General Assembly, after receipt of and independent evaluations of information and advice, and in order to act responsibly upon appropriation and revenue bills for Fiscal Year 1980, deem it necessary and desirable to reach a mutual accord in establishing the official revenue estimate for Fiscal Year 1980.
BE IT RESOLVED by the Senate and the House of Representatives of the 130th General Assembly of the State of Delaware, with the approval of the Governor, that the estimated General Fund revenue for Fiscal Year 1980, including federal revenue sharing receipts, is established at $599.6 million, and estimated unencumbered funds on June 30, 1979, is $29.4 million.
Approved June 19, 1980.