Del. Gov's Budget Proposal Includes Cut to Senior Citizen Tax Cr - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Del. Gov's Budget Proposal Includes Cut to Senior Citizen Tax Credit

Posted:

DOVER, Del. (WBOC) - Slashing a tax credit for senior citizens is one of the ways Delaware Gov. Jack Markell is proposing balancing the state's budget.

Markell Thursday afternoon rolled out a $3.9 billion operating budget plan for the upcoming year.

"This is a very difficult budget," Markell said.

There are no tax hikes or layoffs in Markell's proposal.

But property owners in Delaware over the age of 65 currently enjoy an at most $500 credit on their annual property tax bill. Markell says the state's population is getting older quickly, so he is asking for that credit to drop to $250. It would save the state $12.6 million this year and more in years to come.

"I realize this is a difficult proposal," said Markell. "The cost to the state, the cost to taxpayers has been significant. And if we want to continue to fund things like education, police and the like we're going to have to find some additional resources."

Part of the reason Delaware's population is getting older is it's a good place for retirees with cheap taxes. Kiplinger's Personal Finance says its one of the best states for retirees in the country.

"This credit (change) isn't going to change that," Markell said. "We are an extraordinarily affordable place to retire to."

Delaware's property owning seniors could have a strong, negative reaction to this proposal, according to House Minority Leader Rep. Danny Short, R-Seaford. And Short points out seniors are a politically engaged portion of the population.

"I kiddingly actually said to one of my colleagues, 'I think there are probably buses heading up from Sussex County to Legislative Hall today.' It's such a strong message to seniors that their exemptions are going to be cut in half."

WBOC spoke with Sussex County seniors. They were surprised by the proposal.

"If you have a mortgage or escrow, it would make your mortgage payment go up," said Doris Warner.

"The government wastes money on a lot of things. Why take this important benefit away from people who might be on the edge?" asked Kimm Nureck.

In addition to the tax credit, Markell proposed a number of other changes to balance the budget, including diverting money from the transportation trust fund and farmland and open space preservation, cuts to non-public school transportation and no pay raises for state employees.

The budget proposal does have millions for new education spending, improving substance abuse treatment in Delaware, and continuing the state's new Downtown Development District program.

Lawmakers will start looking through the budget next week.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Educators Look For Ways to Prevent Bullying Despite Social Media

    Educators Look For Ways to Prevent Bullying Despite Social Media

    10/17/2017 00:59:00 -04:002017-10-17 04:59:00 GMT
    Tuesday, October 17 2017 1:13 AM EDT2017-10-17 05:13:33 GMT
    (Photo: MGN)(Photo: MGN)
    DOVER, Del. -- Social media is playing a larger role in many school fights, according to educators and advocates in Delaware.Delaware saw more than 6,500 incidents of fighting or "offensive touching" during the 2015-2016 school year, the same time periodMore
    DOVER, Del. -- Social media is playing a larger role in many school fights, according to educators and advocates in Delaware.Delaware saw more than 6,500 incidents of fighting or "offensive touching" during the 2015-2016 school year, the same time periodMore
  • Accident Closes Route 1 Southbound in Milton

    Accident Closes Route 1 Southbound in Milton

    10/16/2017 22:43:00 -04:002017-10-17 02:43:00 GMT
    Monday, October 16 2017 10:43 PM EDT2017-10-17 02:43:16 GMT
    Southbound Route 1 was closed for about an hour Monday afternoon after a crash near Cave Neck Rd.More
    Southbound Route 1 was closed for about an hour Monday afternoon after a crash near Cave Neck Rd.More
  • Update: Two Arrested After Two Cape Henlopen School District Buses Vandalized

    Cape Henlopen School District Bus Vandalized with Racial Slur

    10/16/2017 13:50:00 -04:002017-10-16 17:50:00 GMT
    Monday, October 16 2017 9:29 PM EDT2017-10-17 01:29:06 GMT
    WBOC edited version of a photo of the vandalized bus provided by a WBOC viewer. WBOC edited version of a photo of the vandalized bus provided by a WBOC viewer.
    Delaware State Police say an investigation is underway after two school buses parked near Cape Henlopen High School were vandalized along with several other vehicles and buildings in the Lewes area.More
    Delaware State Police say two people have been arrested after two school buses parked near Cape Henlopen High School were vandalized along with several other vehicles and buildings in the Lewes area.More
  • Most Popular StoriesMost Popular StoriesMore>>

  • Accident Closes Route 1 Southbound in Milton

    Accident Closes Route 1 Southbound in Milton

    10/16/2017 22:43:00 -04:002017-10-17 02:43:00 GMT
    Monday, October 16 2017 10:43 PM EDT2017-10-17 02:43:16 GMT
    Southbound Route 1 was closed for about an hour Monday afternoon after a crash near Cave Neck Rd.More
    Southbound Route 1 was closed for about an hour Monday afternoon after a crash near Cave Neck Rd.More
  • Cambridge Man Sentenced in Sex Abuse Case

    Cambridge Man Sentenced in Sex Abuse Case

    10/16/2017 13:19:00 -04:002017-10-16 17:19:00 GMT
    Monday, October 16 2017 1:38 PM EDT2017-10-16 17:38:42 GMT
    Timothy Scott MoxeyTimothy Scott Moxey
    A Cambridge, Md. man convicted of sexually abusing a minor over the course of several years has been sentenced to 55 years behind bars, with all but 28 of those years suspended.More
    A Cambridge, Md. man convicted of sexually abusing a minor over the course of several years has been sentenced to 55 years behind bars, with all but 28 of those years suspended.More
  • Police Investigating Deadly Crash in Little Heaven

    Police Investigating Deadly Crash in Little Heaven

    10/16/2017 17:04:00 -04:002017-10-16 21:04:00 GMT
    Monday, October 16 2017 5:05 PM EDT2017-10-16 21:05:45 GMT
    A Dover woman was arrested after providing officers with a fake name.A Dover woman was arrested after providing officers with a fake name.
    Delaware state police are investigating a crash that killed a 58-year-old woman.More
    Delaware State Police are investigating a crash that killed a 58-year-old woman.More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices