DC’s budget for Fiscal Year 2021 shows that three of the District’s four reserves are fully funded. But the evidence is clear—the District is using only a small fraction of its reserves to address the harm of the pandemic.
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As we move to vaccinate residents and hopefully emerge from the pandemic, our leaders must address the possibility of thousands of residents facing eviction, small businesses that may not recover, and students who have fallen behind. Yet DC’s finances and […]
The District is building up large budget surpluses and reserves while tens of thousands of residents and many small businesses are suffering, according to an annual audit of DC’s finances released last week.
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The District’s economy and tax collections are doing somewhat better than projections in September, but very substantial financial challenges remain, especially this year and next, according to the CFO’s December 30th revenue forecast.
The COVID-19 pandemic continues to wreak havoc on the District’s residents and economy, bringing into focus why this once-in-a-lifetime crisis requires innovative and creative solutions.
Anthony Denico Williams, just 20 years old, died on Jan 26th. His friend said he was “someone who would give you the shirt from his back.” Unfortunately, Anthony was not alone.
