Press Release

New York, April 20, 2026 – Moody’s Ratings (Moody’s) has revised the District of Columbia’s outlook to stable from negative and affirmed its Aa1 issuer rating and other ratings as shown below.

The outlook revision is driven by stable revenue performance and balanced budget operations despite a weakened local economy. Although the District’s local economy will continue to lag the US because of federal workforce reductions and ongoing commercial real estate market weakness, the District’s very strong fiscal governance and prudent budget management will mitigate federal policy uncertainty and offset expected softer
revenue during the next year.