D.C. expects lopsided revenue growth in 2011

The District’s number crunchers expect this year’s sales and income tax revenues to increase, but steep decreases in real estate-related revenues will pull down the overall revenue growth.

Real property tax revenue is expected to drop by just under 13 percent for the 2011 fiscal year, which ends June 30. Deed tax revenue is also expected to drop by 8.4 percent, according to the November Economic Indicators report.