abigailhaddad/dc-procurement-raw · Datasets at Hugging Face

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the FY 2023 ending fund balance deficit of $311.5 million. The net deficit
Second quarter YTD FY 2025 expenditures from the Local Transportation
was due to the difference in timing of revenues and expenditures in the Fund.
Fund on local streets, curbs and sidewalk rehabilitation projects totaled $0.8
million, which was $7.2 million lower than the same category total through the In FY 2025, the District’s management continues to focus on maintaining a
second quarter of FY 2024 primarily due to reduced Local Transportation balance between the timing of borrowing and the ongoing expenditures of
Fund spending by the Department of Transportation. active capital projects. FY 2025 capital expenditures will be managed against
an expected $3,070.0 million of revenue in FY 2025, which is comprised of
Expenditures from Federal Grants were $94.6 million, or $20.3 million higher
approximately:
compared to the second quarter of FY 2024, due to increased spending by
DDOT (on federal highway trust fund projects), the Department of Health Care  $2.0 billion of G.O. and I.T. Secured Revenue Bond borrowing for
Finance and the District of Columbia Public Library. new and ongoing projects;
 $367.2 million in taxable bonds;
Table B-2 includes a comparison of the second quarter year-to-date totals, by
 $228.4 million of planned Paygo capital budget transfers;
implementer agency and GAAP fund, for FY 2025 and for
 $14.0 million of Local Transportation funding;
FY 2024.
 $41.0 million of Local (match) Highway Trust funding; and,
Status of District-Wide Obligations  $376.0 million of federal grant funding (primarily Highway Trust
Fund).
As of March 31, 2025, District agencies had a balance of obligations (open
Because of the narrow margin between spending on projects financed by G.O.
encumbrances) of $2,129.0 million for capital projects. An additional $461.7
bonds, I.T. secured revenue bonds, and Paygo and the corresponding revenues
million was pre-encumbered, indicating intent to spend but not an actual
in recent years, the District must closely monitor spending in FY 2025 to
obligation.
ensure that it is actively managed compared to revenues, while maintaining a
Encumbrances in this report may have been entered into in FY 2025 or earlier planned capital fund balance in the long term. As a result, the timing of future
as encumbrances for capital projects can cross fiscal years. Some borrowings will be closely managed as well.
encumbrances will be converted to expenditures later in
FY 2025, but others might remain until FY 2026 or beyond. Whereas in the Notes on the Data
operating budget, expenditures and encumbrances can be totaled to measure
obligations against the current year’s budget, in the capital budget some Implementer Agency and Owner Agency
encumbrances might be planned for future years. Furthermore, agencies can Each capital project in the District has an implementer and an owner agency.
obligate against lifetime budget authority, although they can only spend For many projects, the implementer and owner are the same, but for some
against allotments received to date. In other words, agencies can have projects they differ. A few agencies—primarily the Department of General
obligations in excess of life-to-date allotments but not exceeding a capital Services (DGS) and the Office of the Chief Technology Officer (OCTO)—
project’s lifetime budget. implement projects on behalf of multiple owner agencies.
Project-level details (budgets, expenditures, and obligations) through March
31, 2025, for capital projects at the appropriated fund level—that is, funded by
A-2
Data in DIFS are related to each project’s implementer agency, but budget Appropriated Fund is a different way of grouping capital data and is similar to
decisions on capital projects are generally made with input from each project’s how operating budget data is reported. The District reports seven appropriated
owner agency. funds for capital: (a) Local funds, (b) Revenue Bond funds, (c) Private
Contribution funds, (d) Federal Grant funds, (e) Federal Payment funds, (f)
Table B-1 presents a crosswalk of the expenditure data between implementer
Highway Trust Funds. Additionally for transparency, this report shows (g)
and owner agencies. As mentioned earlier, the project-level data in tables C,
Intra-District funds that have been carried over to DIFS from the legacy
D, E, F, G, H, and I are grouped by owner agency.
accounting system of SOAR. The figures provided in the intra-District funds
Capital Fund Structure report should not be counted towards the appropriated funds total.

Capital data are reported in two primary ways in this report: by GAAP fund (a) Local funds include activity from all local funding sources except
and by appropriated fund. Revenue Bonds. This includes:

GAAP (Generally Accepted Accounting Principles) Fund is the reporting unit  G.O. bonds, I.T. bonds, Short-Term, and GARVEE bonds
for the District of Columbia’s Annual Comprehensive Financial Report (including BANs);
(ACFR). The District reports capital activity in two GAAP funds in the  Paygo capital, which represents transfers from the General Fund
Annual Report: (a) the General Capital Improvements Fund, and (b) the (the operating budget); and
Highway Trust Fund.
 Local Transportation Fund.
(a) The General Capital Improvements Fund includes activity from a wide
(b) Revenue Bond funds relate to (i) borrowing against the financial
variety of funding sources:
settlement with tobacco producers, (ii) securitization of Housing
 G.O. bonds and I.T. Secured Revenue bonds (including Bond Production Trust Fund revenues, and (iii) Payment in Lieu of Taxes
Anticipation Notes (BANs) and Commercial Paper (CP)); (PILOT) from the developer of the headquarters site for the U.S.
 Short-Term bonds; Department of Transportation, which are financed through special
revenue bond offerings.
 GARVEE bonds;
(c) Private Contribution funds include contributions from private entities
 Certain other revenue bonds; for the District’s capital purposes.
 Paygo capital, which represents transfers from the General Fund (d) Federal Grant funds include federal grants received by District
(operating budget); agencies. Virtually all the capital federal grant funds received by the
 Sales of Assets; District are for the Highway Trust Fund.

 Local Transportation Fund; (e) Federal Payment funds represent direct appropriations to District
agencies for capital projects.
 Federal Grants, primarily Highway Trust Fund;
(f) Highway Trust funds represent the local match for highway trust fund
 Federal Payments (direct federal appropriations); and expenditures, from the District’s motor fuel tax and other sources.
 Private Contributions. (g) Intra-District Capital funds represent projects where the implementer
(b) The Highway Trust Fund reports only the local match for Highway and owner agency are not the same.
Trust Fund expenditures. Revenues for this fund come primarily from Tables C, D, E, F, G, and H of this report display project-level data by
the District’s motor fuel tax. appropriated fund: local funds, revenue bond funds, private contribution funds,
Table B-2 of this report displays data by GAAP fund. federal grant funds, federal payment funds and, highway trust funds
respectively.

A-3
Table I (Intra-District Capital Funds) reflects intra-District advances Encumbrances are open obligations to spend (for instance, reflecting the
associated with capital projects that were not converted when the District amounts of signed contracts where the expenditure has not yet been made).
transitioned from SOAR to DIFS. The budgets and commitments associated This column includes all open encumbrances, whether entered in FY 2025 or
with these projects is being captured in owning agency’s financial reports. As in an earlier year.
these advances are spent down (or projects expire), they will no longer be
Pre-encumbrances represent plans to spend but are not obligations. For
reported.

the FY 2023 ending fund balance deficit of $311.5 million. The net deficit

Second quarter YTD FY 2025 expenditures from the Local Transportation

was due to the difference in timing of revenues and expenditures in the Fund.

Fund on local streets, curbs and sidewalk rehabilitation projects totaled $0.8

million, which was $7.2 million lower than the same category total through the In FY 2025, the District’s management continues to focus on maintaining a

second quarter of FY 2024 primarily due to reduced Local Transportation balance between the timing of borrowing and the ongoing expenditures of

Fund spending by the Department of Transportation. active capital projects. FY 2025 capital expenditures will be managed against

an expected $3,070.0 million of revenue in FY 2025, which is comprised of

Expenditures from Federal Grants were $94.6 million, or $20.3 million higher

approximately:

compared to the second quarter of FY 2024, due to increased spending by

DDOT (on federal highway trust fund projects), the Department of Health Care  $2.0 billion of G.O. and I.T. Secured Revenue Bond borrowing for

Finance and the District of Columbia Public Library. new and ongoing projects;

 $367.2 million in taxable bonds;

Table B-2 includes a comparison of the second quarter year-to-date totals, by

 $228.4 million of planned Paygo capital budget transfers;

implementer agency and GAAP fund, for FY 2025 and for

 $14.0 million of Local Transportation funding;

FY 2024.

 $41.0 million of Local (match) Highway Trust funding; and,

Status of District-Wide Obligations  $376.0 million of federal grant funding (primarily Highway Trust

Fund).

As of March 31, 2025, District agencies had a balance of obligations (open

Because of the narrow margin between spending on projects financed by G.O.

encumbrances) of $2,129.0 million for capital projects. An additional $461.7

bonds, I.T. secured revenue bonds, and Paygo and the corresponding revenues

million was pre-encumbered, indicating intent to spend but not an actual

in recent years, the District must closely monitor spending in FY 2025 to

obligation.

ensure that it is actively managed compared to revenues, while maintaining a

Encumbrances in this report may have been entered into in FY 2025 or earlier planned capital fund balance in the long term. As a result, the timing of future

as encumbrances for capital projects can cross fiscal years. Some borrowings will be closely managed as well.

encumbrances will be converted to expenditures later in

FY 2025, but others might remain until FY 2026 or beyond. Whereas in the Notes on the Data

operating budget, expenditures and encumbrances can be totaled to measure

obligations against the current year’s budget, in the capital budget some Implementer Agency and Owner Agency

encumbrances might be planned for future years. Furthermore, agencies can Each capital project in the District has an implementer and an owner agency.

obligate against lifetime budget authority, although they can only spend For many projects, the implementer and owner are the same, but for some

against allotments received to date. In other words, agencies can have projects they differ. A few agencies—primarily the Department of General

obligations in excess of life-to-date allotments but not exceeding a capital Services (DGS) and the Office of the Chief Technology Officer (OCTO)—

project’s lifetime budget. implement projects on behalf of multiple owner agencies.

Project-level details (budgets, expenditures, and obligations) through March

31, 2025, for capital projects at the appropriated fund level—that is, funded by

A-2

Data in DIFS are related to each project’s implementer agency, but budget Appropriated Fund is a different way of grouping capital data and is similar to

decisions on capital projects are generally made with input from each project’s how operating budget data is reported. The District reports seven appropriated

owner agency. funds for capital: (a) Local funds, (b) Revenue Bond funds, (c) Private

Contribution funds, (d) Federal Grant funds, (e) Federal Payment funds, (f)

Table B-1 presents a crosswalk of the expenditure data between implementer

Highway Trust Funds. Additionally for transparency, this report shows (g)

and owner agencies. As mentioned earlier, the project-level data in tables C,

Intra-District funds that have been carried over to DIFS from the legacy

D, E, F, G, H, and I are grouped by owner agency.

accounting system of SOAR. The figures provided in the intra-District funds

Capital Fund Structure report should not be counted towards the appropriated funds total.

Capital data are reported in two primary ways in this report: by GAAP fund (a) Local funds include activity from all local funding sources except

and by appropriated fund. Revenue Bonds. This includes:

GAAP (Generally Accepted Accounting Principles) Fund is the reporting unit  G.O. bonds, I.T. bonds, Short-Term, and GARVEE bonds

for the District of Columbia’s Annual Comprehensive Financial Report (including BANs);

(ACFR). The District reports capital activity in two GAAP funds in the  Paygo capital, which represents transfers from the General Fund

Annual Report: (a) the General Capital Improvements Fund, and (b) the (the operating budget); and

Highway Trust Fund.

 Local Transportation Fund.

(a) The General Capital Improvements Fund includes activity from a wide

(b) Revenue Bond funds relate to (i) borrowing against the financial

variety of funding sources:

settlement with tobacco producers, (ii) securitization of Housing

 G.O. bonds and I.T. Secured Revenue bonds (including Bond Production Trust Fund revenues, and (iii) Payment in Lieu of Taxes

Anticipation Notes (BANs) and Commercial Paper (CP)); (PILOT) from the developer of the headquarters site for the U.S.

 Short-Term bonds; Department of Transportation, which are financed through special

revenue bond offerings.

 GARVEE bonds;

(c) Private Contribution funds include contributions from private entities

 Certain other revenue bonds; for the District’s capital purposes.

 Paygo capital, which represents transfers from the General Fund (d) Federal Grant funds include federal grants received by District

(operating budget); agencies. Virtually all the capital federal grant funds received by the

 Sales of Assets; District are for the Highway Trust Fund.

 Local Transportation Fund; (e) Federal Payment funds represent direct appropriations to District

agencies for capital projects.

 Federal Grants, primarily Highway Trust Fund;

(f) Highway Trust funds represent the local match for highway trust fund

 Federal Payments (direct federal appropriations); and expenditures, from the District’s motor fuel tax and other sources.

 Private Contributions. (g) Intra-District Capital funds represent projects where the implementer

(b) The Highway Trust Fund reports only the local match for Highway and owner agency are not the same.

Trust Fund expenditures. Revenues for this fund come primarily from Tables C, D, E, F, G, and H of this report display project-level data by

the District’s motor fuel tax. appropriated fund: local funds, revenue bond funds, private contribution funds,

Table B-2 of this report displays data by GAAP fund. federal grant funds, federal payment funds and, highway trust funds

respectively.

A-3

Table I (Intra-District Capital Funds) reflects intra-District advances Encumbrances are open obligations to spend (for instance, reflecting the

associated with capital projects that were not converted when the District amounts of signed contracts where the expenditure has not yet been made).

transitioned from SOAR to DIFS. The budgets and commitments associated This column includes all open encumbrances, whether entered in FY 2025 or

with these projects is being captured in owning agency’s financial reports. As in an earlier year.

these advances are spent down (or projects expire), they will no longer be

Pre-encumbrances represent plans to spend but are not obligations. For

reported.