D.C. Budget

Posted on November 1, 2010  |  Ideas We Like

Tags: Calculators

Washington Post

The District of Columbia is in the process of balancing its budget for fiscal 2010 in a year when, because of the poor economy, it will collect 13 percent less revenue than the $5.8 billion necessary to keep spending on services at the current level. Mayor Adrian M. Fenty (D) recently proposed a budget of $5.4 billion that combines spending reductions with increases of some taxes and fees to close the city’s $777 million revenue gap. So how would you handle the budget? Set your revenue and spending priorities below—balancing the budget to within $50 million—then save it and compare it with other readers’ decisions.