D.C. Auditor Releases Updated Revenue Estimates
SUMMARY BY TAX ANALYSTS
Noting significant challenges and uncertainty regarding COVID-19 financial disruptions, the Office of the District of Columbia Auditor released updated baseline estimates of D.C.'s revenues in light of the December 2020 revenue estimates and the 2020 Comprehensive Annual Financial Report; the revised estimate of non-dedicated local fund revenue for fiscal 2021 is $7.892 billion, which is just 0.02 percent less than the District CFO's estimate.