AGP Executive Report
Last update: 10 hours agoDelaware Budget Watch: Delaware lawmakers’ Joint Finance Committee marked up Gov. Matt Meyer’s FY2027 plan, adding $87.4M in general revenue and boosting one-time spending, with the goal of sending a budget to the governor by June 30. Property Tax Reassessment: A new package from the Joint Special Property Reassessment Committee targets concerns after statewide reassessments, including bills aimed at New Castle County school tax-rate resets. Private Markets Stress: Blackstone capped withdrawals at a private credit fund as redemption requests rose, and Partners Group flagged more withdrawal pressure—another sign of strain spreading through private credit and private equity. Local Community & Health: Dedicated Financial and Delaware Retiree are hosting a June 9-11 grand opening with health events and a Food Bank of Delaware donation drive. Delaware Courts & Voting: The ACLU-DE is appealing a Superior Court dismissal in its Fenwick Island voter dilution case, arguing only human persons should vote in elections. Social Security Warning: A new report projects an average $500/month cut nationwide by 2032 if Congress doesn’t act, with Delaware among the hardest-hit states.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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