Vadum, Matthew; Newman, Emily; Braun, Martin Z.; McDonald, Michael; D'Ambrosio, Gillian
June 2003
Bond Buyer;6/23/2003, Vol. 344 Issue 31662, p35
Trade Publication
The article presents information related to finance in the U.S. as of June 23, 2003. Republican Susan Collins of Maine, has introduced a bill in the Senate that if enacted would give the District of Columbia greater control over its own annual budget. The legislation was introduced on June 16 and referred to the Senate Governmental Affairs Committee. The proposed District of Columbia Budget Autonomy Act of 2003 would streamline the appropriations process for the district that takes place every year in U.S. Congress. In another development Maryland's comptroller William D. Schaefer appointed Jerome W. Klasmeier to the position of assistant comptroller. As an assistant comptroller Klasmeier will be one-third of the Maryland Board of Public Works, which reviews and decides whether to approve capital projects, procurement contracts, and the acquisition, use and transfer of state asset.


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