New rev estimate is out. An additional $139m for #dcfy15 over Dec. estimate.— Susie Cambria (@susiecambria) February 26, 2014
On February 26, new CFO Jeff DeWitt released his first revenue estimate (PDF). The new estimate for FY 2015, as shown in the Tweet above and the table from the letter below, is $139 million higher than the December 2013 estimate. This estimate will be used as the basis for the FY 2015 budget being developed by Mayor Vincent C. Gray as I write.