News Journal: Markell proposes casino bailout from tax revenue windfall
by Doug Denison and Jonathan Starkey
The News Journal
June 18, 2013
State officials announced Monday that higher personal income tax collections helped produce an extra $21.3 million for lawmakers to budget in the coming year, and Gov. Jack Markell proposed using $8 million of that to bail out Delaware’s three casinos struggling with regional competition.
Budget director Ann Visalli shared Markell’s casino proposal with the General Assembly’s Joint Bond Bill committee as part of a package of new spending recommendations that would be funded with the additional revenue forecast by the Delaware Economic and Financial Advisory Council.
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