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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

Fitch Affirms District of Columbia's GO Bonds 'AA-'; Outlook Stable

Fitch Ratings has affirmed the 'AA-' rating on approximately $2.8 billion in general obligation bonds of the District of Columbia

Fitch has also affirmed the 'A+' rating on the following certificates of participation (COPs) of the District:

--$7.7 million COPs series 2002;
--$48.9 million COPs series 2003;
--$170.1 million COPs series 2006.

The rating outlook is stable.

To read full Fitch press release, click here.

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