Budget – Kenyan R. McDuffie

27 May 2021

McDuffie Applauds Funding for Crummell in Mayor’s Proposed Budget, Vows to Continue Fighting for Unfunded Priorities

Press ReleaseBudget, Crummell School, Ivy City, Racial Equity, wealth gap

“The budget must make transformational investments that enable all residents to access economic opportunity, reliable housing and safe communities.” For Release: Thursday, May 27, 2021 Contact: Malcom Fox, 202-227-1701, mfox@dccouncil.us Washington, DC – Today, the Mayor released her FY22 budget, which invests in affordable housing, education, infrastructure and a safe COVID recovery. We must also take this opportunity to take bold steps to eliminate the District’s stark racial wealth gap; given the unprecedented level of federal stimulus dollars at our disposal, the time is now. Councilmember McDuffie requested $20M to fund the Child Wealth Building Act of 2021 and $100M…

25 May 2021

By mcduffie5

Councilmember McDuffie Convenes Hearing on Child Wealth Building Act, Guaranteed Basic Income and Tax Policy

Hearing, Legislation Information, Press Releasebaby bonds, Budget, Guaranteed Basic Income, Racial Equity, wealth gap

Hearing an important step to advance wealth equity legislation and investigate revenue streams in the context of a post COVID-19 recession For Release: Tuesday, May 25, 2021 Contact: Malcom Fox, 202-227-1701, mfox@dccouncil.us Washington, DC – Today, Ward 5 Councilmember and Chair of the Committee on Business and Economic Development Kenyan McDuffie convened a hearing to further develop wealth his Child Wealth Building Act, discuss the benefits of a guaranteed basic income pilot program, explore tax policy proposals and understand the long term impacts of the COVID-19 induced recession on our economic landscape. The four panels featured wealth equity and tax…

01 Mar 2021

By mcduffie5

McDuffie Calls for Sweeping Investments in Black Communities to Address Covid Crisis and Eliminate the Racial Wealth Gap

Press ReleaseBudget, Budget Letter, Racial Equity, wealth gap

Urges the Mayor to advance a racial equity agenda that dismantles structural racism and empowers residents For Immediate Release: Monday, March 1, 2021Contact: Jonathan McNair, 202-288-0714, jmcnair@dccouncil.us Washington, DC – Ward 5 Councilmember Kenyan McDuffie released his FY 2022 budget request lettercalling for resources to alleviate the immediate impacts of Covid, address Ward 5 constituent priorities, andadvance a racial equity agenda that gives all residents a real fair shot. In the document, CouncilmemberMcDuffie calls for a $120M dollar investment to eliminate the racial wealth gap including $100M for aguaranteed income program and $20M to develop and implement a District-based Baby…

26 Jun 2020

By nolanward5

Committee on Business and Economic Development Budget Report Advances Councilmember McDuffie’s Racial Equity Agenda

Press ReleaseBlackLivesMatter, Budget, CBE, Committee on Business and Economic Development, Coronavirus, Go-Go, Ivy City, MWBE, Racial Equity, REACH Act, Small and Local Businesses

Invests in Black entrepreneurs by providing access to capital.Operationalizes racial equity by implementing the REACH Act.Funds a disparity study so more District procurement supports minority and women entrepreneurs. Washington, D.C. -- On Thursday, June 25, 2020, the Committee on Business and Economic Development, led by Chairman Kenyan R. McDuffie, passed its budget report for Fiscal Year 2021. The budget is the culmination of months of work including public hearings, engagement with advocates and stakeholders. This budget report is focused on advancing Councilmember McDuffie's Racial Equity Agenda. With today’s vote in support of the budget report, Councilmember McDuffie said: "Developed through…

24 Apr 2020

By cmmcduffie

McDuffie Statement on DC’s Updated Fiscal Forecast and Revenue Shortfall

Press ReleaseBudget, Committee on Business and Economic Development, Coronavirus, Fiscal Policy, Office of the Chief Financial Officer (OCFO)

McDuffie Statement on DC's Updated Fiscal Forecast and Revenue Shortfall Washington, D.C. -- Today, Councilmember Kenyan R. McDuffie, Chair Pro Tempore of the Council and Chair of the Council Committee on Business and Economic Development, released the following statement on the DC Chief Financial Officer's updated revenue estimate: "District of Columbia Chief Financial Officer Jeffrey DeWitt just provided the Mayor and Council with an updated financial forecast and now projects a budget shortfall of $722 million in the current fiscal year, and additional downward revisions of $774 million, $606 million, and $568 million over the next three years. Based on…

26 Feb 2020

By cmmcduffie

McDuffie Sends Ward 5 Budget Priorities Letter to Mayor

LetterBudget, Budget Letter

Download Councilmember McDuffie’s Fiscal Year 2021 Budget Letter Here February 26, 2020 The Honorable Muriel BowserMayor of the District of Columbia1350 Pennsylvania Avenue, NW, Suite 300 Washington, DC 20002 Re: Fiscal Year 2021 Budget Proposal Dear Mayor Bowser: As you prepare to transmit the proposed Fiscal Year 2021 Budget and Financial Plan to the Council of the District of Columbia (“Council”), I would like to highlight a few Ward 5 priorities and request that you consider funding them in fiscal year 2021. Last year, your Fiscal Year 2020 Budget and Financial Plan, A Fair Shot, made critical investments essential to…

29 May 2019

By cmmcduffie

Council Passes Fiscal Year 2020 Budget Including Ward 5 Priorities Championed by Councilmember Kenyan R. McDuffie

UncategorizedBudget

Council Passes Fiscal Year 2020 Budget Including Ward 5 Priorities Championed by Councilmember Kenyan R. McDuffie Washington, DC – On Tuesday, May 28, 2019, the District of Columbia Council held its second vote on the Fiscal Year 2020 District of Columbia budget. The budget reflects priorities raised by Ward 5 residents through months of engagement, including public hearings, meetings with advocates and stakeholders, and the Ward 5 Budget Engagement Forum. Ward 5 Priorities: Allocates funding to create a Biotechnology Academy within McKinley Technology High School.Enhances the District’s Clean Team program with an expanded Fort Lincoln Clean Team, a new residential clean team…

01 May 2019

By cmmcduffie

Committee on Business and Economic Development Passes Budget Report Featuring Investments in District Small Businesses and Communities

Press ReleaseAffordable Housing, Budget, CBE, Committee on Business and Economic Development, education, Main Streets, Memorial Statues, NEAR Act, Public Health, Public Safety, Senior Citizens, Small and Local Businesses

Committee on Business and Economic Development Passes Budget Report Featuring Investments in District Small Businesses and Communities Investments for the upcoming fiscal year include support for District businesses and commercial infrastructure with funds that support Certified Business Enterprise (CBE) capacity building, Main Street revitalization and expansion, financial stability, workforce investment, small business lending, and significant capital project financing. On Wednesday, May 1, 2019, the Committee on Business and Economic Development, led by Chair Kenyan R. McDuffie, passed its budget report for Fiscal Year 2020. The budget is the culmination of months of work including public hearings, meetings with advocates and…

28 Feb 2019

By cmmcduffie

CM McDuffie Outlines Budget Priorities in Letter to Mayor

LetterBudget, Budget Letter

Download Councilmember McDuffie's Fiscal Year 2020 Full Budget Letter Here February 28, 2019 The Honorable Muriel Bowser Mayor of the District of Columbia 1350 Pennsylvania Avenue, NW, Suite 300 Washington, DC 20002 Re: Fiscal Year 2020 Budget Proposal Dear Mayor Bowser: As you prepare your Fiscal Year 2020 (“FY20”) proposed budget, I would like to highlight a few Ward 5 priorities and request that you consider funding them in FY20. Last year, your Fair Shot budget made critical investments essential to Ward 5 residents such as supporting $20 million in funding for a new Lamond-Riggs library; $500,000 for new Main…

12 Feb 2019

By cmmcduffie

Committee on Business and Economic Development Performance and FY20 Budget Oversight Hearings

Legislation InformationBudget, budget hearings, Committee on Business and Economic Development, Oversight

The Committee on Business and Economic Development will hold the following performance oversight and budget oversight hearings. Date, Time, Room #Agencies on the AgendaMeeting TypeDate: Feb 13Room: 123Time: 10:00 AM* Department of Small and Local Business Development* Department of Insurance, Securities and Banking* Department of For-Hire Vehicles* For-Hire Vehicle Advisory CouncilPerformance Oversight HearingDate: Feb 26Room: 120Time: 2:00 PM* Public Service Commission* Office of the People’s Counsel* Office of Cable Television, Film, Music and Entertainment* Alcoholic Beverage Regulation Administration Performance Oversight HearingDate: Feb 27Room: 500Time: 10:00 AM* Deputy Mayor for Planning and Economic DevelopmentPerformance Oversight HearingDate: April 3Room: 500Time: 10:00 AM*…

Tag: Budget