D.C. budget revenue higher than expected, but not high enough

Published June 22, 2011 4:00am ET



The District’s chief financial officer estimates that revenue for the next fiscal year will be $77.2 million higher than previously predicted, but that’s not as much as some city officials were hoping for.

Chief Financial Officer Natwar Gandhi said the projection shows that although the economy is growing, the growth won’t be as fast as he previously expected.

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