District of Columbia Official Projects $163 Million Surplus This Fiscal Year

Vadum, Matthew
March 2005
Bond Buyer;3/4/2005, Vol. 351 Issue 32083, p32
Trade Publication
The article reports that the District of Columbia is expected to generate a $162.8 million surplus in the current fiscal year that began on October 1, 2004, Julia Friedman, the district government's chief economist and deputy chief financial officer for revenue analysis, said in an interview yesterday. The expected general fund surplus for fiscal 2005 is below the $318 million surplus that the district reported for fiscal 2004, but is well above as compared to the $32 million surplus reported for fiscal 2003.


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