Newark Property Association v. State of Delaware

Summary

The Supreme Court of Delaware affirmed the Court of Chancery's judgment upholding HB242 against a facial constitutional challenge and a statutory challenge to its revenue limitation. The Court held that the Delaware Constitution permits reasonable, non-arbitrary classifications of property for taxation, provided taxation is uniform within each class, and that HB242's use of projected rather than actual revenue permits later correction of classification errors. The Court also held that HB242's revenue-neutrality limitation applied when school districts reset their rates, not to subsequent county corrections to the tax base.