Fiscal Year 2025 Income Tax Secured Revenue Bond, General Obligation Bond and General Obligation and Income Tax Secured Bond Anticipation Note Issuance Authorization Emergency Declaration Resolution of 2024

This resolution authorizes the District of Columbia to borrow up to $2.4 billion through the sale of various bonds and notes to fund capital projects for Fiscal Year 2025. The legislation declares an emergency to allow the District to issue these funds quickly and take advantage of current favorable market conditions. It applies to the District government and its approved construction initiatives, enabling the reimbursement of money already spent on these projects. The resolution takes effect immediately to ensure timely access to the necessary financing.