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Attention taxpayers and business owners: The increase in the general sales tax rate to 7% has been postponed. The general sales tax rate remains 6% through September 30, 2027.

The September 2026 revenue estimate has been released: OCFO Releases September 2026 Revenue Estimates for FY 2026-2030 | cfo

Projects Financed in the District - The Yards

The Yards (Southeast Federal Center) Project

The  42-acre Yards project will deliver 2,800 residential units, 1.8 million sf of office space, and 300,000 sf of retail. 

Subsidy:  $90.0 million

Type of Financing:  PILOT

Developer:  Forest City

Yards Park
Photo Courtesy:  The Yards (c) David Galen / Georgetown Dish