Community relations

(Washington, DC) –Today, the DC Government released the revised revenue estimates for the District of Columbia Budget and Financial Plan. This followed the release of our most recent 28th consecutive clean annual audit that demonstrated our strong financial standing, including our Aaa bond rating, fully funded pensions, and 52 days cash on hand in our reserves. The revenue forecast reflects the significant impacts of federal job losses. The revenue forecast is revised downward by $1.01 billion across the four-year financial plan.