The Council, after public hearing, shall establish each year a tax rate within thirty (30) days after receipt of the proposed rate submitted by the Mayor.
The Council may, by resolution, extend the time for setting the rate of taxation, except that if the Council does adopt an extension, it must establish the tax rate for the tax year.
In establishing the rate each year, the Council shall consider the tax burden studies made pursuant to § 303 and any other comparisons it deems advisable to make.
D.C. Mun. Regs. tit. 9, r. 9-302