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DC's New $340 million Revenue Shortfall |
| Written by Nana Oppong, on July 10, 2009 |
Earlier this week, The Nonprofit Roundtable sent out an email to Roundtable members informing them of Major Fenty's plans to address DC's new $340 million revenue shortfall ($190 million for FY2009 and $150 million for FY2010). Members were asked to call (202-727-1000) or email Mayor Fenty (mayor@dc.gov) to ask him to protect vital safety net programs as he works to balance the budget. Alternatives to cutting safety net programs such as raising revenues and tapping into the District's rainy day fund were suggested.
For more in-depth information on fixing the new budget shortfall, I recommend reading DCFPI's "Five Principles to Close DC's Budget Gap." See also the Coalition for Community Investment's "Statement of Principles."
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