D.C.'s Structural Imbalance Won't Lead to 'Quagmire,' CFO Says

Vadum, Matthew
June 2003
Bond Buyer;6/11/2003, Vol. 344 Issue 31654, p6
Trade Publication
Chief financial officer of Washington D.C. Natwar M. Gandhi told that even though the District of Columbia has a permanent structural imbalance beyond its control of up to $1.1 billion each year, the city will continue to be financially responsible as of June 11, 2003. The district's fiscal situation today is vastly different from the dire straits it faced in 1995. The resolution authorizing the new-money debt comes before the district's Council on July 8 and if it is approved at that time the sale should go forward near the end of that month.


Related Articles

  • Keeping It Tight to Send a Good Fiscal Message. Funk, Lynne // Bond Buyer;4/15/2008, Vol. 364 Issue 32857, Special section p14 

    The article discusses how economic downturn affect the economic performance of Washington D.C. Natwar Gandhi, chief financial officer explains the importance of effective strategic planning to improve the city's financial performance. Gandhi illustrates that the city officials are working hard,...

  • 'Supreme Bean Counter' Keeps D.C. on Straight and Narrow. Vadum, Mathew // Bond Buyer;3/3/2003, Vol. 343 Issue 31584, p34 

    Focuses on the role of chief financial officer (CFO) of District of Columbia Natwar M. Gandhi in bringing the city back from the brink of financial chaos in the late 1990s. Gandhi's views about accounting; Gandhi's views about the work culture in the city; Gandhi's experience as CFO of the city.

  • District of Columbia CFO Gandhi Sees Three Years of Falling Revenues. FUNK, LYNNE // Bond Buyer;12/22/2008, Vol. 366 Issue 33028, p28 

    The presents the views of Washington, D.C. chief financial officer (CFO) Natwar Gandhi concerning the district's budgeted revenues for fiscal 2009. Accordingly, Gandhi predicts that the fiscal 2009 revenues will be $127 million less in September and will continue to deteriorate in each of the...

  • DISTRICT OF COLUMBIA: Gandhi Garners Honor. Schroeder, Peter // Bond Buyer;11/5/2007, Vol. 362 Issue 32748, p9 

    The article announces that Natwar Gandhi, Washington D.C. chief financial officer, has been named one of Governing.com's 2007 Public Officials of the Year.

  • D.C. CFO Expects to Report a Balanced Budget in 'Clean' Fiscal 2002 Audit. Vadum, Matthew // Bond Buyer;1/24/2003, Vol. 343 Issue 31559, p4 

    Reports on the expectancy of chief financial officer of the U.S. District of Columbia Natwar M. Gandhi, for a balanced budget for the fiscal year 2002, in the comprehensive annual financial report (CAFR) to be released on January 29, 2003. Difficulties faced by CAFR in preparing the budget...

  • D.C. CFO Unveils Plan to Combat $251 Million Shortfall. Vadum, Matthew // Bond Buyer;12/18/2000, Vol. 334 Issue 30139, p5 

    Reports on District of Columbia Chief Financial Officer Natwar M. Gandhi's introduction of a plan designed to eliminate a potential fiscal 2001 budget shortfall. Efforts of the District government to deal with its financial problems; Estimated shortfall in 2001.

  • DISTRICT OF COLUMBIA: Kaiser Controversy. Vadum, Matthew // Bond Buyer;1/14/2002, Vol. 339 Issue 31303, p35 

    Reports that chief financial officer of the District of Columbia Natwar M. Gandhi, has asked district Inspector General Charles C. Maddox to investigate allegations that Gandhi's former general counsel falsified his credentials. Details of the statement released by Gandhi; Controversy...

  • New D.C. CFO Hopes to Run A Smooth, Efficient Operation. Vadum, Matthew // Bond Buyer;06/12/2000, Vol. 332 Issue 30910, p1 

    Profiles Washington D.C. chief financial officer Natwar M. Gandhi. Career history; Educational attainment; Plans during his incumbency; Factors credited for the improvement of the district's finances; Relations with credit rating agencies.

  • D.C. CFO Cleans House; Gathers Team With `Necessary Skill'. Resnick, Amy B. // Bond Buyer;07/24/2000, Vol. 333 Issue 30938, p4 

    Reports on the personnel changes at Washington, D.C., chief financial officer Natwar Gandhi's office in an effort to ensure that problems that led to his predecessor's removal from office can be avoided in the future. Results of a management review conducted by Gandhi; Key executives of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics