Delaware Fiscal Statistics

StatisNostics/State Financials/Delaware

Historical State Finances

Delaware

$16.00K$16.00K$14.00K$14.00K$12.00K$12.00K$10.00K$10.00K$8.00K$8.00K$6.00K$6.00K20122012201320132014201420152015201620162017201720182018201920192020202020212021
Spending Per Capita - Delaware
Debt Per Capita - Delaware
Revenue Per Capita - Delaware

Filter Data by Year

20122021

Revenue Data

Alcoholic Beverage License Tax

$2.6M$2.6M$2.4M$2.4M$2.2M$2.2M$2.0M$2.0M$1.8M$1.8M$1.6M$1.6M$1.4M$1.4M201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Revenue Analysis (Delaware: 2012ā€“2021)

Population: 916,881 ā†’ 973,764 (6.2% change)

Overall Revenue Trends

Total Revenueā–² 77.8%
$7,542,290,000 (2012)ā†’$13,412,090,000 (2021)
Per Capita Revenueā–² 67.4%
$8,226 (2012)ā†’$13,773 (2021)
Fund Balancesā–² 46.5%
$6,433,028,000 (2012)ā†’$9,424,757,000 (2021)
Revenue Volatilityāœ“ Low
Avg. fluctuation: 7.9%

Major Tax Revenue

Utility Revenue

Solid Waste Chargesā–² 35.1%
$57,652,000 (2012)ā†’$77,863,000 (2021)

Growth Analysis

Fastest Growing Revenue Sources

Education Other State Charges Not Elsewhere Classifiedā–² 31000.0%
$1,000ā†’$311,000
Federal Intergovernmental Transit Utilitiesā–² 1362.1%
$3,372,000ā†’$49,301,000
Federal Intergovernmental Health & Hospitalsā–² 1024.3%
$120,812,000ā†’$1,358,249,000

Declining/Slowest Growing Sources

Death & Gift Taxā–¼ 100.0%
$12,017,000ā†’$2,000
Water Transportation & Terminal Chargesā–¼ 65.2%
$33,965,000ā†’$11,810,000
Parimutuels Taxā–¼ 59.4%
$96,000ā†’$39,000

Revenue Forecast

Projected Revenue (Next Year)ā–² 18.2%
Estimated: $15,858,326,230
Based on 3-year revenue trend

Revenue Composition

2012 Revenue Sources

Individual Income Tax14.9%
Federal Intergovernmental Public Welfare13.6%
Corporation License Tax10.5%
Higher Education Tuition Charges7.9%
Miscellaneous General Revenue Not Elsewhere Classified7.3%
Occupation & Business License Not Elsewhere Classified5.0%
Net Lottery Revenue4.4%
Corporation Net Income Tax3.5%
Federal Intergovernmental Education2.8%
Federal Intergovernmental Highways2.6%
Toll Highway Charges2.2%
Documentary & Stock Transfer Tax2.1%
Interest Earnings2.0%
Higher Education Auxiliary Charges1.7%
Unemployment - Contribution1.7%
Tobacco Sales Tax1.6%
Federal Intergovernmental Health & Hospitals1.6%
Motor Fuels Sales Tax1.5%
Federal Intergovernmental Other1.4%
Insurance Premium Tax1.2%
Other Selective Sales Taxes1.2%
All Other Not Elsewhere Classified Charges1.1%
Federal Intergovernmental Housing & Community Development1.0%
Donations From Private Sources0.9%
Local Intergovernmental Education0.8%
Public Utilities Tax0.8%
Solid Waste Charges0.8%
Motor Vehicle License0.7%
Water Transportation & Terminal Charges0.5%
Federal Intergovernmental Other Natural Resources0.4%
Federal Intergovernmental Water Utilities0.4%
Fines & Forfeits0.3%
Federal Intergovernmental Employment Security Administration0.2%
Alcoholic Beverage Sales Tax0.2%
Transit Utilities Revenue0.2%
Death & Gift Tax0.2%
Parks & Recreation Charges0.2%
Federal Intergovernmental Sewerage0.1%
Hospital Charges0.1%
Housing & Community Development Charges0.1%
Workers Compensation - Other Contributions0.1%
Motor Vehicle Operators License0.1%
Other License Tax0.1%
Local Intergovernmental Other0.1%
Federal Intergovernmental Transit Utilities0.0%
Hunting & Fishing License0.0%
Sale of Property0.0%
Regular Highway Charges0.0%
Alcoholic Beverage License Tax0.0%
Taxes Not Elsewhere Classified0.0%
Natural Resources Not Elsewhere Classified Charges0.0%
Amusement License Tax0.0%
Rents0.0%
Parimutuels Tax0.0%
Education Other State Charges Not Elsewhere Classified0.0%

2021 Revenue Sources

Individual Income Tax16.0%
Federal Intergovernmental Public Welfare15.4%
Corporation License Tax13.6%
Federal Intergovernmental Health & Hospitals10.1%
Federal Intergovernmental Highways8.2%
Miscellaneous General Revenue Not Elsewhere Classified6.6%
Higher Education Tuition Charges4.0%
Federal Intergovernmental Education2.9%
Unemployment - Contribution2.6%
Corporation Net Income Tax2.5%
Documentary & Stock Transfer Tax1.8%
Toll Highway Charges1.5%
Occupation & Business License Not Elsewhere Classified1.2%
Interest Earnings1.1%
Other Selective Sales Taxes1.1%
Net Lottery Revenue1.1%
Motor Fuels Sales Tax0.9%
Insurance Premium Tax0.9%
Tobacco Sales Tax0.9%
Donations From Private Sources0.9%
Federal Intergovernmental Other0.7%
Federal Intergovernmental Housing & Community Development0.7%
Solid Waste Charges0.6%
All Other Not Elsewhere Classified Charges0.6%
Local Intergovernmental Education0.5%
Higher Education Auxiliary Charges0.5%
Motor Vehicle License0.5%
Federal Intergovernmental Transit Utilities0.4%
Public Utilities Tax0.3%
Federal Intergovernmental Water Utilities0.3%
Alcoholic Beverage Sales Tax0.2%
Parks & Recreation Charges0.2%
Federal Intergovernmental Other Natural Resources0.2%
Federal Intergovernmental Employment Security Administration0.1%
Federal Intergovernmental Sewerage0.1%
Other License Tax0.1%
Fines & Forfeits0.1%
Water Transportation & Terminal Charges0.1%
Transit Utilities Revenue0.1%
Motor Vehicle Operators License0.1%
Housing & Community Development Charges0.1%
Regular Highway Charges0.0%
Hunting & Fishing License0.0%
Hospital Charges0.0%
Unemployment - Interest Revenue0.0%
Sewerage Charges0.0%
Sale of Property0.0%
Local Intergovernmental Other0.0%
Alcoholic Beverage License Tax0.0%
Taxes Not Elsewhere Classified0.0%
Natural Resources Not Elsewhere Classified Charges0.0%
Water Utilities Revenue0.0%
Rents0.0%
Public Utility License Tax0.0%
Amusement License Tax0.0%
Education Other State Charges Not Elsewhere Classified0.0%
Parimutuels Tax0.0%
Severance Tax0.0%
Death & Gift Tax0.0%

Key Insights

  1. 1Total revenue increased by 77.8% from 2012 to 2021, representing a significant change in the state's financial position.
  2. 2Population changed by 6.2%, while per-capita revenue changed by 67.4%.
  3. 3The state's fund balances increased by 46.5%, suggesting improved fiscal health.

Expense Data

Central Staff - Construction

$2.0M$2.0M$1.5M$1.5M$1.0M$1.0M$500K$500K$0.00$0.00201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Expense Analysis (Delaware: 2012 - 2021)

Total Expenditure Trends

Operating Expendituresā–² 47%
$3,374,067,000ā†’$4,967,189,000
Per Capita Spendingā–² 39%
$3,680ā†’$5,101

Population Trends

Population Changeā–² 6.2%
916,881 (2012)ā†’973,764 (2021)
āš ļø Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protectionā–² 32%
$0 (2012)ā†’$0 (2021)
Fire Protectionā–¼ 0%
$0 (2012)ā†’$0 (2021)

Infrastructure Expenses

Highways Maintenanceā–² 28%
$0 (2012)ā†’$0 (2021)
Sewerage Operationsā–² 22%
$0 (2012)ā†’$0 (2021)

Administrative Expenses

Financial Administrationā–² 73%
$0 (2012)ā†’$0 (2021)
General Expensesā–² 222%
$0 (2012)ā†’$0 (2021)

Delaware Key Insights

  1. 1General expenses increased dramatically by 222%, which may indicate classification changes, new initiatives, or reporting adjustments

Debt Data

Beginning Long-Term Debt Outstanding - Non-Guaranteed Public Debt for Private Purpose

$2600.0M$2600.0M$2400.0M$2400.0M$2200.0M$2200.0M$2000.0M$2000.0M$1800.0M$1800.0M$1600.0M$1600.0M$1400.0M$1400.0M$1200.0M$1200.0M201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Debt Analysis (2012-2021)

Debt Trends

Total Long-Term Debtā–² 23%
$3,337,819,000 (2012)ā†’$4,114,390,000 (2021)
Industrial Revenue Debtā–¼ 49%
$2,459,034,000 (2012)ā†’$1,255,650,000 (2021)
Per Capita Debtā–² 16%
$3,640 (2012)ā†’$4,225 (2021)

Population Trends

Population Changeā–² 6.2%
916,881 (2012)ā†’973,764 (2021)

Debt Management

Most Recent Year (2021)

Issued:$626,370,000
Retired:$357,083,000
Net Change:+$269,287,000

Debt Retirement Trend

$509,055,000 ā†’ $357,083,000ā–¼ 30%