The District of Columbia Annual Comprehensive Financial Report presented below is for the year ending September 30, 2025.

• FY 2025 DC Annual Report (Full Report)
• FY 2025 DC Annual Report (Summary)

FY 2025 Annual Report By Section and Pages

• Letter from the Mayor
• Letter from the CFO

Table of Contents

Introductory Section

• Letter of Transmittal 2 - 16
• Principal Officials and Organizational Chart 17 - 19

Financial Section

• Independent Auditors' Report 21 - 25
• Management's Discussion and Analysis 27 - 53
• Basic Financial Statements 55 - 69
• Notes to the Basic Financial Statements 71 - 160
• Required Supplementary Information 161 - 167
• Other Supplementary Information 169 - 208

Statistical Section

• Financial Trends 209 - 219
• Revenue Capacity 221 - 226
• Debt Capacity 227 - 232
• Demographic and Economic Information 233 - 235
• Operating Information 237 - 241