Operating Budget Book

FY23 Governor's Recommended Operating Budget - Financial Summary

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Mentions of “PERSONAL INCOME TAX” — 3 found on pages 1, 2

… Entity Fees and Limited Partnerships and Limited Liability Companies. * In cludes Contingencies and One-Time Items. Personal Income Tax 32.0% Realty Tax 5.0% Lottery 3.8% Corporate Income Tax 2.9% Other Tax Revenue 3.9% Other Non-Tax* 11.5% Pu b …

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… REVENUE ($ Millions) Fiscal Year 2021 Actual Fiscal Year 2022 Forecast Fiscal Year 2023 Forecast Personal Income Taxes $ 2,123.8 $ 2,133.4 $ 2,182.9 Corporation Income Taxes 255.3 342.6 246.0 Franchise Taxes 1,082.5 1,113.0 1,113.0 …

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… 5,982.8 LESS: Revenue Refunds (423.1) (520.4) (491.2) NET REVENUE $ 5,390.3 $ 5,530.2 $ 5,491.6 ADJUSTMENTS: Personal Income Taxes (18.9) (10.3) (18.9) (10.3) TOTAL $ 5,511.3 $ 5,481.3 Th e Delaware Economic and Financial Advisory Council (D …

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