Testimony of Kate Coventry, Senior Policy Analyst at the Performance Oversight Hearing Before the DC Department of Behavioral Health DC Council Committee on Health
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The DC Fiscal Policy Institute believes all DC residents should have the resources and opportunities they need to thrive. Our leaders should choose a different path by taking steps now to support residents and make a down payment on a bold plan for racial […]
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.