Budget Toolkit

Fiscal Year 2024 Budget

Circle chart showing the DC budget cycle

Each fiscal year, the Mayor and DC Council decide how to raise and allocate the District’s resources through the budget, with input from residents about what is important to them.

As DC residents face the rising costs of basic needs like food and housing, DC policymakers should use the fiscal year (FY) 2023 supplemental and 2024 budgets to build on efforts for a racially just pandemic recovery and future.

Read more about the DC Fiscal Policy Institute’s Priorities for the FY 2023 supplemental and 2024 budgets.

Fiscal Year 2024 Budget Timeline 

DC’s fiscal year begins October 1 and ends September 30. In the spring, the Mayor presents a budget to the Council, which then reviews, changes, and approves it before it is sent back to the Mayor to sign into law and submitted to the US Congress, which can choose to modify or reject it. 

Resident’s Guide to the Budget 

This guide breaks down the process of how DC creates its budget, including how to read budget documents and where in the process residents can influence the decisions of elected officials. Read it here. 

Further Resources 

How to Testify Effectively before the DC Council
DC’s Tools to Create and Preserve Affordable Housing
Four Ways Residents Can Influence the DC Budget

The fight for racially-just budget, tax, and policy decisions can’t happen without you. Sign up to DCFPI’s email list or follow us on Twitter, Facebook, and Instagram so we can send you regular updates on our efforts and ways you can get involved. 

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