Budget Toolkit

Fiscal Year 2025 Budget 

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 budget pressures loom—including the WMATA budget shortfall, expiring federal relief funds for schools, union contracts that must be renegotiated, and declining commercial property tax collections—DC lawmakers will need to meet the moment by finding equitable funding sources to meet residents’ urgent needs and address extreme inequality. This will mean prioritizing budget savings, and any surpluses, for meeting residents’ basic needs and strengthening the District’s ability to tax its outsized concentration of wealth. 

DCFPI’s Priorities for the Revised FY 2024 Budget and FY 2025 Budget

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

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

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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