From Councilmember Kenyan R. McDuffie <[email protected]>
Subject October 1st Ward 5 Report - CFO Provides Revenue Forecast
Date October 1, 2020 10:24 PM
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On Wednesday, the District’s CFO Jeffrey DeWitt provided the Mayor and Council with an updated financial forecast ([link removed][UNIQID]) . Despite ending the fiscal year with more revenue than previously estimated, the District is still down -$334.4 million compared to FY2019 and substantial revenue shortfalls are forecasted, roughly -$200 million a year for the next four years.

Wednesday's updated revenue projections indicate that we are and will remain in a recession. The path to recovery will be much longer than originally anticipated and its impacts to workers and small businesses devastating. With unemployment insurance claims in the District still rising it is critical that we prioritize replenishing our depleting UI fund. It is projected that upwards of 30% of restaurants are not likely to ever re-open which means lost jobs and opportunities.

These are challenging times and require focused efforts to ensure the District remain a place where we can all thrive. As we look to maintain the District’s financial strength we must balance increasing revenues to care for our most vulnerable and austerity measures to make our budget and operations effective and efficient.

In service,

In this issue of the Ward 5 Report:

* Legislative Update
* Kenyan in The Community
* Kenyan in The News
* Small Business Spotlight
* COVID-19 Updates
* DCPS Update
* Department Recreation Center Update
* Department Public Works Update
* DC Water Update

** Legislative Update
Councilmember Kenyan R. McDuffie Introduces Emergency Legislation to close a loophole that allows large out of state firms to certify as local business enterprise. ([link removed][UNIQID])

** Kenyan in The Community
Councilmember McDuffie host a drive in screening of the movie 42 starring the late Chadwick Boseman at Union Market. #OurWard5

** Kenyan in The News
Councilmember McDuffie calls on the Office of Contract and Procurement Director to follow existing local laws in recent article by the Washington Business Journal on recently proposed Certified Business Enterprise legislation. Read the full story here. ([link removed][UNIQID]#cxrecs_s)

“We need to redirect funding away from the police department to other government agencies in other priorities and invest in those communities where people have been over-policed for years,” Councilmember McDuffie responds to a recent report stating the vast majority of people stopped, frisked, or arrested by officers in D.C.’s special gun recovery and narcotics units were Black saying. Read the full story here ([link removed][UNIQID]) .

** Small Business Spotlight
North Capitol Main Street, formed in 2003 to become a catalyst for neighborhood commercial revitalization across 3 neighborhoods along North Capitol Street, here in #OurWard5. North Capitol Main Street has a number of hidden gems and black owned businesses within the corridor, follow the link below to learn more.

[link removed][UNIQID]
Winter Ready Grant Opportunity
DC Child Care Provider Relief Fund
As part of the District’s coronavirus (COVID-19) recovery efforts, the DC Child Care Provider Relief Fund will provide $5 million in emergency operational funding to local child care facilities. Relief funds will be granted to all licensed District child care providers ensure a supply of child care for families during the public health emergency and recovery period.

More information on how to apply can be found here ([link removed][UNIQID]) .

** COVID-19 Updates
Below are updates on the District's response to the coronavirus pandemic. For the latest and most comprehensive information always visit [link removed][UNIQID] ([link removed][UNIQID]) .

** DCPS Update

** Department Recreation Center Update

** Department Public Works Update

** DC Water Update

** Twitter ([link removed][UNIQID])
** Facebook ([link removed][UNIQID])
** Website ([link removed][UNIQID])
** Instagram ([link removed][UNIQID])
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