Information on the District of Columbia
AIMD-96-131R: Published: Jul 9, 1996. Publicly Released: Jul 9, 1996.
- Full Report:
Pursuant to a congressional request, GAO provided information on the District of Columbia's financial condition. GAO noted that: (1) the District of Columbia Financial Responsibility and Management Assistance Authority is making recommendations for fiscal years 1996 and 1997 concerning all aspects of the District's budget and operations; and (2) there are numerous published reports describing the financial management problems in the District, New York City, and Philadelphia, and related actions taken by each city's control board to resolve financial crises.