Using Future Revenues to Build a Pay-Go Account May Force the District to Cut the Budget for Current Services, and Will Likely Not Reduce Borrowing as Intended
By Jenny Reed • June 11, 2010 • Revenue & Budget
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When I Say “Fund Balance,†You Say, “Huh?†Read this, and you’ll say…. “Aha!â€
By Jenny Reed • June 9, 2010
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Testimony of Ed Lazere at The Public Roundtable on District Funded Affordable homeownership Programs: Long-term Housing Affordability Restrictions Before the Committee on Housing and Workforce Development
By Ed Lazere • June 9, 2010 • Affordable Housing & Ending Homelessness
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DC’S Fund Balance Remains Larger Than Most States: Current Proposals to Rebuild DC’s Reserves May Overly Restrict DC’s Ability to Respond to Ongoing Budget Needs
By Jenny Reed • June 8, 2010 • Revenue & Budget
DC’s fund balance — essentially the city’s savings account — has declined in recent years, after rising in the early 2000s. This has raised concerns among policymakers and has spurred new proposals in the FY 2011 budget to […]