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D.C.’s budget has tax relief, though level in doubt
The D.C. Council is scheduled to vote today on the District’s $5.7 billion fiscal 2009 budget, which will likely include tax relief for small businesses, though not nearly as much as the council had previously sought.
Get the gold watch for the ‘Golden Hammer’
Earlier this week, Chief Financial Officer Natwar Gandhi informed city leaders that the District of Columbia has a $130 million deficit for the coming year. That means District residents and businesses will likely again be asked to pay more taxes.
D.C. Council tearing apart Mayor’s proposed budget
The D.C. Council is poised to reject several high-profile initiatives in Mayor Adrian Fenty’s proposed 2009 budget legislation, including a much-maligned strategy to slash public comment on the annual school spending plan.
D.C.’s fiscal mess, part three
The assessment of the District’s automated integrated tax system — detailed this week in The Examiner — the alleged theft of more than $40 million from the Office of Tax and Revenue, and the “yellow book” report provided by BDO Seidman auditors serve as indisputable evidence the city’s fiscal management system is in crisis.
To ax deficit, budget chief eyes delaying tax relief, raising rates
Mayor Adrian Fenty’s budget chief suggested Tuesday that the answer to a growing 2009 budget deficit may be raising a tax on corporate property and delaying tax relief on local businesses.
’09 budget deficit soars to $130M
D.C.’s anticipated budget deficit for fiscal 2009 has soared to more than $130 million, Chief Financial Officer Natwar Gandhi will tell city leaders today, placing further strain on already-tense budget deliberations.
Finance office to scrap tax system hit in audit
The District of Columbia’s finance office will scrap a $120 million computerized tax system that has been the subject of a lacerating audit, The Examiner has learned.
Blistering audit depicts broken tax system that costs D.C. untold millions of dollars
The District of Columbia’s $120 million computerized tax system has cost the public untold millions of dollars in uncollected revenue, fails nearly half the time and has left the city open to corruption, an audit commissioned by the city has found.
Fired tax director feels vindicated by audit she ordered
A scathing audit of the city’s expensive computerized tax system was commissioned by a finance official who was later blamed for not doing enough to stop corruption in the tax office.
Guilty plea in D.C. tax office case
The man charged with laundering the stolen money in D.C.'s biggest public corruption case has agreed to plead guilty and now faces more than seven years in prison, authorities announced Friday. |