District of Columbia Local Funds Act, 2025

This bill authorizes the District of Columbia to use local funds from its General Fund for fiscal year 2025, matching the programs and spending levels set in the District's Fiscal Year 2025 Local Budget Act (D.C. Law 25-218). It sets a strict spending cap, limiting total operating expenses to either the budgeted amount or the District's total projected revenues for 2025, whichever is lower. The bill allows limited one-time increases for emergencies or unexpected needs, but only if approved by local law and following reserve rules. It also prohibits reprogramming funds from bond proceeds (used for capital projects) to cover regular operating costs, requiring the Chief Financial Officer to manage fund distribution accordingly.