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

This resolution authorizes the District of Columbia to borrow up to $2.4 billion through the issuance of general obligation bonds and income tax secured revenue bonds to fund various capital projects. The borrowed funds will be used for a wide range of infrastructure improvements, including school facilities, transportation systems, public safety stations, and housing developments. The bill also permits the District to use these funds to reimburse amounts temporarily advanced from other district funds and to cover the costs associated with issuing the bonds.