District Of Columbia § 2-1208.02 - Unified Economic Development Budget Report.

Full text of District Of Columbia D.C. Code § 2-1208.02 — Unified Economic Development Budget Report., with citation guidance and answers to common questions.

§ 2-1208.02. Unified Economic Development Budget Report.

2-1208.02
(a)
(1)

On or before March 1, the Chief Financial Officer shall compile and publish an annual Unified Economic Development Budget Report (“Report”) with regard to the fiscal year just concluded. The report shall be produced in both printed and electronic form and shall be freely available in offices of all District agencies included in the report. A user-friendly electronic version of the report shall be posted on the Government of the District of Columbia’s website in a central location that the public can easily locate.

(2)

The comprehensive report shall provide the following information regarding the economic development incentives offered by the District:

(A)

The name of each recipient receiving one or more economic development incentives with a combined total value equal to or greater than $75,000;

(B)

The dollar value of each economic development incentive received by each recipient; provided, that any economic development incentive received by a recipient with a value less than $75,000 shall not be itemized; the Chief Financial Officer shall report an aggregate dollar amount of those expenditures and the total number of recipients aggregated;

(C)

The aggregate dollar amounts for each type of incentive;

(D)

The aggregate dollar amounts expended per ward;

(E)

The aggregate number of companies, groups, or individuals receiving each type of economic development incentive; and

(F)

The total cost of all economic development incentives appropriated by each granting body categorized by the granting body’s name.

(b)

The Mayor shall submit annually, as part of the annual budget request to the Council, a single document estimating the costs of all economic development incentives for the fiscal year of the requested budget, including:

(1)

The total cost to the District resulting from the proposed economic development incentives, including the costs for each category of proposed tax expenditures, and the amounts of proposed tax expenditures classified by ward; and

(2)

The cost to the District of all proposed appropriated funds for economic development incentives by District agency, instrumentality, or public institution of higher education.

(c)

Any granting authority agencies administering any economic development incentive shall cooperate and assist the Chief Financial Officer in the preparation of the Unified Economic Development Budget Report and all reporting requirements imposed by this subchapter.

Annotations

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 2-1208.02

What does D.C. Code § 2-1208.02 cover?

Section 2-1208.02 ("Unified Economic Development Budget Report.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite District Of Columbia § 2-1208.02?

A common citation format is "D.C. Code § 2-1208.02" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of District Of Columbia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.

How does District Of Columbia § 2-1208.02 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.