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DC CFO's take on reserves replenishment cuts against equity goals, common sense – Greater Greater Washington - Vimarsana News

DC CFO's take on reserves replenishment cuts against equity goals, common sense – Greater Greater Washington

By insisting that DC’s mayor replenish reserves more quickly than what the law requires, the District’s CFO is setting DC on a course for tougher cuts than may be necessary in the 2025 budget, says Tazra Mitchell of the DC Fiscal Policy Institute. Building on a history of Congressionally-required conservative fiscal management, the approach will force reductions in essential services in a budget that already is expected to include deep cuts.

Source: ggwash.org