D.C. Revenues Increase, Shrinking Budget Gap

District of Columbia government revenues have increased slightly, meaning Mayor Muriel Bowser has a smaller budget gap to fill.

The District's chief financial officer announced Friday that projected revenues for the upcoming fiscal year have increased by $37 million. For fiscal 2017, revenues are up by $47 million.

Bowser said the city must close a $250 million gap between anticipated spending and revenues. Now that deficit is slightly smaller. The Democratic mayor will submit her first budget in April. She took office in January.
 

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