Statement on December 2024 Revenue Estimates

(Washington, DC) - Today, the DC Government released the revised revenue estimates for the District of Columbia Budget and Financial Plan. The revenue forecast remains mostly unchanged across the financial plan compared to the September estimates. In response, Mayor Bowser released the following statement:

"In 2024, DC stuck together and proved that our comeback is real. We drove down crime significantly, enrolled more students in our public schools, welcomed millions of tourists, and made important investments in our people and catalytic investments in the future of our city.

"The District's economic fundamentals are strong: we are growing faster than any other state, our population is once again over 700,000, and our labor market has recovered from the pandemic. Now, we will carry the momentum of 2024 into the new year with a lot to look forward to. We'll continue the transformation of Downtown DC by bringing more commercial to residential conversions online. We'll bring the region and world together in DC at events like the FIFA Club World Cup and World Pride 2025. We will continue to be smart and strategic around our challenges; focus on the values and fiscally responsible principles that have allowed our economy to recover; and continue to show the world why Washington, DC is the place to be."

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