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Statement from Delaware State Chamber of Commerce President Mike Quaranta Today, Governor Carney released his FY20 budget. Of note to Chamber members was the announcement of a newly created infrastructure development fund; allocating $15 million to Delaware colleges and universities toward economic development initiatives; adding $7 million additional funding in the Bond bill to the University of Delaware, Delaware State University and Delaware Technical College, allocated for deferred maintenance; and setting aside $12.5 million to Delaware’s Strategic Fund. The Delaware State Chamber of Commerce applauds the Governor’s proposed FY20 budget plan to increase funding for Pathways partnerships, infrastructure, and economic development efforts, as well as continued funding for the Delaware Prosperity Partnership. We believe this addresses workforce needs and creates long-term, successful career opportunities for Delawareans. The State Chamber also commends the Governor for following through on Executive Order 21 by setting aside revenues that could be used to stabilize the state budget when economic conditions are not as strong as we are experiencing today. This is smart fiscal planning and steps like this align with practices businesses use when setting aside money for unforeseen circumstances or emergencies. We encourage the General Assembly to accept or strengthen both of these important priorities.