WAMU 88.5 : News

Filed Under:

Mayor Gray Outlines Plans For D.C.'s $417M Budget Surplus

Play associated audio
A number of factors contributed to higher-than-expected tax revenues in the District.
Joshua Bousel: http://www.flickr.com/photos/joshbousel/197722630/
A number of factors contributed to higher-than-expected tax revenues in the District.

The District is reporting a $417 million budget surplus, but don't expect city lawmakers to go on a spending spree.

The huge surplus, an 11 percent increase in revenue from the year before, was caused by a number of factors, according to city officials:

  • The District is attracting younger, richer residents, who in turn are spending more in the city.
  • Speed cameras have been catching a lot more cars than city officials estimated.
  • D.C. was also boosted by election year spending — all those TV ads and consultant fees ended up helping D.C.'s bottom line.
  • There was a huge jump in estate tax revenue, which was caused by the death of one extremely wealthy invidual, who ended up leaving the city more than $50 million.


While council members may be clamoring to spend the budget surplus, Mayor Vincent Gray says the money will go into the savings account. He says this will help D.C. reach its goal of having two months of cash on-hand.

NPR

'Star Wars' Editors Defy Hollywood Conventions

In a film industry often dominated by men, there's at least one exception: Many editors are women. Maryann Brandon and Mary Jo Markey speak about their work on the new Star Wars.
NPR

Florida Says Its Fruits, Vegetables Are Safe From Invasive Fruit Fly

Since September, Florida has been fighting an infestation of the Oriental fruit fly, an invasive pest that threatened more than 400 crops. The state declared the insect eradicated as of Saturday.
NPR

Who Are The Possible Candidates To Fill Scalia's Seat?

Any pick by President Obama is sure to touch off a tough confirmation fight. But who will be at the center of the fray? Here are a few likely candidates.
NPR

West Point Students' Plan To Counter ISIS Online Strategy

The State Department sponsored a contest to find the best ways to combat ISIS propaganda online. A group of cadets from West Point got second prize. Rachel Martin speaks with team member CJ Drew.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.