In fiscal year 2025, the District of Columbia is facing tough choices. Without making difficult decisions now, future years will only get harder.
A difficult fiscal future is awaiting the District of Columbia in Fiscal Year 2025 and beyond. The city faces significant budget pressures but has limited resources to address them.
- When resources are limited, there is a greater need for a government that operates efficiently and predictably.
- There is also a need for a coherent and cohesive regulatory framework.
- Our housing policy is now a key economic development tool.
- Diversifying the District’s economy away from sectors contingent on federal activity should also be a key priority.