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Statement on February 2017 Revenue Estimates

Wednesday, March 1, 2017

(WASHINGTON, DC) – DC Chief Financial Officer Jeffrey DeWitt released the revised revenue estimate for the FY 2017 Budget and Financial Plan. The forecast for local fund revenues is revised upward in FY 2017 by $128.1 million. In response to the new estimate, Mayor Bowser released the following statement:

“This week’s revenue estimates are a result of our commitment to sound financial principles and decision making. They mean that we can invest in our residents to ensure they have a fair shot at pathways to the middle class, affordable housing, quality schools, and safer, stronger neighborhoods. My Administration will continue to work for inclusive prosperity so that all residents share in this success.”