Yesim Sayin & / January 20, 2023
Chart of the week: D.C.’s FY 2024 budget forecast and calendar
Yesim Sayin
/ January 20, 2023
Chart of the week: D.C.’s FY 2024 budget forecast and calendar
D.C. faces conditions that it hasn’t seen for years—the past decade’s rapid growth trends slowing, together with federal pandemic assistance ending. The city’s revenue picture remains stable. But it not strong enough to make up for the end of federal COVID assistance. Thus, the city is already committed to spending much less in FY 2024 than it did in FY 2023, at least on paper.