New Castle, DE – This evening, County Executive Matthew Meyer issued the following statement after County Council voted to adopt the County’s Fiscal 2018 Operating and Capital Budgets:
On passing the Fiscal Year 2018 Operating and Capital Budgets:
“When we came into office four and a half months ago, we inherited a budget with a projected $64 million in unfunded spending over the next three fiscal years. We committed to reduce that deficit through honest, transparent and efficient governance. We thank the members of County Council who, working collaboratively with my administration, passed a sensible budget tonight that takes another important step towards fulfilling that commitment.”
On the failure to pass an ordinance to authorize the issuance of bonds to fund capital expenditures:
“We appreciate that several councilpersons voted against authorizing the issuance of bonds tonight to express their dissatisfaction with restrictive county contracting laws my administration inherited that needlessly increase costs to county taxpayers by over $2 million each year. In principle, we agree with them. We look forward to working with those councilpersons in future days to issue bonds after modifying contracting rules to spend taxpayer resources efficiently and create job opportunities for all communities of New Castle County.”
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Contact: Jason Miller, Director of Communications, 302-545-1462