Fiscal Year 2026 Revised Local Budget Emergency Declaration Resolution of 2026

This bill is a procedural resolution that formally declares a fiscal emergency for the District of Columbia's 2026 budget year. It directly affects the District government by authorizing the Mayor to submit a revised budget plan to the Council amid slower economic growth and reduced federal revenue. The resolution serves as a procedural step to enable the adoption of the Grow DC budget, which outlines spending priorities for education, public safety, and economic development. By declaring the emergency, the bill allows the city to adjust its financial planning to address current economic challenges without changing specific policy details.