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.
A deeper-than-expected drop in District revenue, due to the pandemic-ravaged economy, could mean budget cuts to education, child care, health care, and other vital services.
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DC Council Chairman Phil Mendelson’s reckless move to cut $4 million from mental health services during a public health and economic crisis is wildly inappropriate.
DC Council’s budget has significant shortcomings even with modest revenue increases, largely because Council failed to put forward a truly bold revenue strategy in the face of a $1.5 billion revenue shortfall.
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83 percent of D.C. voters support raising taxes on wealthy residents and corporations to prevent cuts to essential services, with nearly four out of five residents opposing budget cuts that would hurt Black and brown residents, according to a poll released […]
This post provides an overview of how the Mayor’s budget proposal affects low- and moderate-income DC residents.
