WASHINGTON (AP) — The District of Columbia ended last fiscal year with a $321 million surplus, city officials said Friday, continuing a run of fiscal health since the end of the recession that has outpaced most states and municipalities.

It was the third consecutive year the city has finished with a surplus. Last year, the surplus topped $400 million. This year’s haul was split about halfway between higher-than-expected tax revenues and underspending by city agencies.

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