D.C. would lower its 2026 budget by $101 million

D.C. would lower its fiscal 2026 budget by $101,257,922. The adjustment covers D.C. agencies and accounts in the fiscal 2026 budget. The Mayor approved the act, but it also requires a 30-day congressional review before taking effect. The budget adjustment is for fiscal 2026; the temporary act expires 225 days after it takes effect.

The city’s chief financial officer would have to move $150 million into D.C.’s general fund. The money would come from D.C.’s Fiscal Stabilization Reserve Account, a budget reserve. This direction applies despite laws that otherwise restrict how the reserve money is used. The transfer is directed for fiscal 2026, and the money would be available under the approved fiscal 2027 budget plan.

D.C. would increase or decrease funding for listed city projects. The listed projects include school buildings, bridges, and shelters. These project budget adjustments apply to fiscal 2026.

The city’s chief financial officer would have to move specified money from listed accounts into the general fund. The listed accounts include funds tied to housing, health, transportation, and energy. The transfers apply even where another law directs deposits into an account or limits how its money can be used. The transfers occur in fiscal 2026; the money would be available under the approved 2026 budget, as revised, and the approved 2027 budget plan.

The deputy mayor could give one or more grants to Children’s National Hospital. The grants would pay for site studies for a new hospital campus. This grant permission applies despite the District’s usual grant administration law. The temporary act takes effect after mayoral approval and a 30-day congressional review, and expires 225 days later.