BUDGETS | D.C. Council Chairman Kwame Brown has released his budget proposal, and it is set to be voted on today. Greater Greater Washington has a good breakdown of the budget and how it differs from Mayor Gray’s. Of note, the income tax increase for folks making over $200,000 has been removed and “many services for the less fortunate remain in limbo.” (GGW, 5/25)
Brown’s budget might have some trouble, however, as it relies on a predicted increase in revenue that may or may not come to pass. D.C.’s Chief Financial Officer, Natwar Gandhi, wrote a letter to the council warning against “doling out the theoretical revenue.” (WAMU, 5/25)
- Related: D.C. looking into claim that developers owe $100m in real estate taxes (Examiner, 5/25) …which is a ton of money.
PEOPLE | Greater DC Cares’ Dr. Madye Henson has announced her resignation as president and CEO. She will take over as the Deputy Superintendent for the Alexandria City Public Schools.
EDUCATION
- Montgomery County has scrapped a plan to layoff 168 teachers and will instead work to close a budget gap by cutting pay raises and some benefits, and by eliminating some non-teaching positions. (Examiner, 5/25)
- Target’s School Library Makeover Program has chosen five District elementary schools to “receive a minimum of $200,000 in renovations that will include light construction, technology updates, new furniture and 2,000 books.” (WaPo, 5/25)
GIVING
- Endowment Returns in 2010 Less Than in 2009, Say Two New Surveys (Chronicle, 5/24)
- Here are photos from the Washington Business Journal’s Corporate Philanthropy Awards where Jean Case (The Case Foundation) was named Philanthropist of the Year and Wells Fargo & Co. was recognized as the top local corporate giver. (WBJ)
Related: Next month, WRAG will release our 2011 edition of Our Region, Our Giving featuring the latest giving and asset information for the Greater Washington Region.
