D.C.’s anticipated budget deficit for fiscal 2009 has soared to more than $130 million, Chief Financial Officer Natwar Gandhi will tell city leaders today, placing further strain on already-tense budget deliberations.
In his latest revenue forecast, Gandhi is projecting $13 million more revenue for fiscal 2008, which ends Sept. 30, and $35 million less for fiscal 2009. All told, Gandhi expects a $93 million surplus for this year and a $130.8 million deficit for next year.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
