Delaware Fiscal Statistics

StatisNostics/State Financials/Delaware

Generating Chart...

Filter Data by Year

20122023

Generating Chart...

State Revenue Analysis (Delaware: 2012–2023)

Population: 916,881 → 1,003,384 (9.4% change)

Overall Revenue Trends

Total Revenue▲ 79.7%

$7,542,290,000 (2012)→$13,553,125,000 (2023)

Per Capita Revenue▲ 64.2%

$8,226 (2012)→$13,507 (2023)

Fund Balances▼ 100%

$6,433,028,000 (2012)→$0 (2023)

Revenue Volatility✓ Low

Avg. fluctuation: 7.0%

Major Tax Revenue

Utility Revenue

Solid Waste Charges▲ 28%

$57,652,000 (2012)→$73,786,000 (2023)

Growth Analysis

Fastest Growing Revenue Sources

Education Other State Charges Not Elsewhere Classified▲ 2500.0%

$1,000→$26,000

Federal Intergovernmental Health & Hospitals▲ 221.5%

$120,812,000→$388,447,000

Corporation License Tax▲ 202.3%

$790,579,000→$2,390,053,000

Declining/Slowest Growing Sources

Water Transportation & Terminal Charges▼ 88.1%

$33,965,000→$4,038,000

Hospital Charges▼ 67.9%

$9,273,000→$2,980,000

Occupation & Business License Not Elsewhere Classified▼ 54.5%

$374,732,000→$170,640,000

Revenue Forecast

Projected Revenue (Next Year)▲ 0.6%

Estimated: $13,630,778,956

Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

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%

2023 Revenue Breakdown

Federal Intergovernmental Public Welfare18.8%

Individual Income Tax17.9%

Corporation License Tax17.6%

Miscellaneous General Revenue Not Elsewhere Classified8.2%

Higher Education Tuition Charges4.5%

Corporation Net Income Tax4.2%

Federal Intergovernmental Health & Hospitals2.9%

Federal Intergovernmental Education2.7%

Federal Intergovernmental Highways2.4%

Documentary & Stock Transfer Tax2.0%

Toll Highway Charges1.6%

Net Lottery Revenue1.6%

Federal Intergovernmental Other1.4%

Occupation & Business License Not Elsewhere Classified1.3%

Higher Education Auxiliary Charges1.2%

Other Selective Sales Taxes1.2%

Federal Intergovernmental Housing & Community Development1.2%

Insurance Premium Tax1.1%

Motor Fuels Sales Tax1.0%

Interest Earnings0.9%

Donations From Private Sources0.8%

Tobacco Sales Tax0.8%

Unemployment - Contribution0.7%

All Other Not Elsewhere Classified Charges0.6%

Solid Waste Charges0.5%

Local Intergovernmental Education0.5%

Motor Vehicle License0.5%

Public Utilities Tax0.4%

Alcoholic Beverage Sales Tax0.2%

Parks & Recreation Charges0.2%

Fines & Forfeits0.2%

Federal Intergovernmental Other Natural Resources0.2%

Transit Utilities Revenue0.1%

Other License Tax0.1%

Federal Intergovernmental Sewerage0.1%

Federal Intergovernmental Employment Security Administration0.1%

Unemployment - Interest Revenue0.1%

Housing & Community Development Charges0.0%

Motor Vehicle Operators License0.0%

Hunting & Fishing License0.0%

Water Transportation & Terminal Charges0.0%

Hospital Charges0.0%

Alcoholic Beverage License Tax0.0%

Sewerage Charges0.0%

Sale of Property0.0%

Local Intergovernmental Other0.0%

Regular Highway Charges0.0%

Natural Resources Not Elsewhere Classified Charges0.0%

Taxes Not Elsewhere Classified0.0%

Water Utilities Revenue0.0%

Rents0.0%

Public Utility License Tax0.0%

Amusement License Tax0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Key Insights

1Total revenue increased by 79.7% from 2012 to 2023, representing a significant change in the state's financial position.
2Population changed by 9.4%, while per-capita revenue changed by 64.2%.
3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.

Generating Chart...

State Expense Analysis (Delaware: 2012 - 2023)

Total Expenditure Trends

Operating Expenditures▲ 169%

$3,374,067,000→$9,076,383,000

Per Capita Spending▲ 146%

$3,680→$9,046

Population Trends

Population Change▲ 9.4%

916,881 (2012)→1,003,384 (2023)

⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection▲ 69%

$117,572,000 (2012)→$198,625,000 (2023)

Fire Protection▼ 0%

$0 (2012)→$0 (2023)

Infrastructure Expenses

Highways Maintenance▲ 62%

$115,515,000 (2012)→$186,776,000 (2023)

Sewerage Operations▲ 81%

$10,633,000 (2012)→$19,222,000 (2023)

Administrative Expenses

Financial Administration▲ 276%

$147,024,000 (2012)→$552,262,000 (2023)

General Expenses▲ 82%

$145,235,000 (2012)→$263,919,000 (2023)

Delaware Key Insights

1Per capita expenditures grew by 146%, indicating substantial service expansion or cost increases not explained by population growth alone
2Financial Administration was the fastest growing major expense category at 276% increase

Generating Chart...

State Debt Analysis (2012-2023)

Debt Trends

Total Long-Term Debt▲ 24%

$3,337,819,000 (2012)→$4,137,710,000 (2023)

Industrial Revenue Debt▼ 100%

$2,459,034,000 (2012)→$0 (2023)

Per Capita Debt▲ 13%

$3,640 (2012)→$4,124 (2023)

Population Trends

Population Change▲ 9.4%

916,881 (2012)→1,003,384 (2023)

Debt Management

Most Recent Year (2023)

Issued:$225,834,000

Retired:$138,582,000

Net Change:+$87,252,000

Debt Retirement Trend

$509,055,000 → $138,582,000▼ 73%

🔄 Significant change in retirement strategy detected

Key Insights

1There appears to be a significant shift in debt management strategy between 2012-2023, with a move toward higher debt levels.