County CFO warns tax-stabilization reserve could turn deeply negative by 2028 At an Oct. 14 meeting of the New Castle County Administrative Finance Committee, Chief Financial Officer Dave Del Grama presented a checkbook update showing narrowing reserves, a $3.4 million drawdown in 2025, and a projection that the countys tax-stabilization reserve could fall from $72.2 million to a negative balance by 2028 absent revenue or政策

New Castle County's CFO warns that tax-stabilization reserves could plummet from $72 million to a staggering negative $63 million by 2028 without urgent revenue changes!

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City officials debate use of contingency funds amid funding concerns for essential programs Officials express concerns over contingency fund usage impacting police, fire, and community services.

New Castle County officials are in a heated debate over contingency funds, questioning whether the budget priorities truly reflect the community's urgent needs for police, fire services, and local nonprofits.

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