Chief Financial Officer

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Updated: 02:09 pm UTC, 14/10/2024

The Chief Financial Officer is responsible for
all fiscal dealings of the District of Columbia, including overseeing preparation of the
City’s budget, performing the annual audit, and interfacing with Wall Street and the
bond market. The web site maintained by the Chief Financial Officer, which can be reached
through the links page, contains a wealth of information about
the District’s financial affairs.

  • Office of Tax and Revenue corruption case
    • Natwar M. Gandhi, CFO announces audit committee to review
      financial management and internal controls, December
      5, 2007
    • Council Chairman Vincent C. Gray, press release announcing
      auditors for city council’s Office of Tax and Revenue
      investigation, December 4, 2007

      • Letter of agreement between Wilmer Cutler Pickering Hale and
        Dorr and city council, December 4,
        2007
    • Office of the Chief Financial Officer, press release, Lorigo
      Announces Retirement, December 4, 2007
    • City Council, Council Office of Tax and Revenue Investigation
      Special Committee Establishment Emergency Declaration Resolution of
      2007, PR17-557, passed November 20, 2007
    • Committee of the Whole and Committee on Finance and Revenue joint
      public oversight roundtable on the operations of the Office of Tax
      and Revenue, November 15, 2007

    • Natwar M. Gandhi, press release, CFO announces reforms at Tax and
      Revenue, November 14, 2007
    • Council Chairman Vincent C. Gray, statement on council oversight
      of Office of Tax and Revenue, November
      14, 2007
    • Jeffrey A. Taylor, US Attorney for the District of Columbia, and Rod
      J. Rosenstein, US Attorney for the District of Maryland, public
      corruption investigation in DC property tax refund fraud scheme, press
      release, November 7, 2007
    • Andrew Sekela, Special Agent, Federal Bureau of Investigation,
      ciminal complaint and affidavit against Diane Gustus, November
      7, 2007
    • Natwar M. Gandhi, statement on arrests in property tax refund scheme, November
      7, 2007
  • Natwar M. Gandhi, fiscal impact statement on sale of Greater Southeast
    Community Hospital to Specialty Hospitals of America, October
    23, 2007
  • Natwar M. Gandhi, Debt Burden and Borrowing Constraints, Letter to
    Mayor Adrian Fenty and City Council Chairman Vincent Gray, June
    20, 2007
  • Natwar M. Gandhi, Financial Impact Statement, District of Columbia
    Public Education Reform Amendment Act of 2007, Bill 17-01, March
    26, 2007
  • Natwar M. Gandhi, public briefing on the mayor’s fiscal year 2008
    proposed budget, March 26, 2007
  • Natwar M. Gandhi, statement on the mayor’s proposed FY2008 budget, March
    26, 2007

    • Council Chairman Vincent Gray, letter to CFO Natwar Gandhi on
      letter, March 27, 2007
  • Natwar M. Gandhi, independent analysis of the PSA Dewberry Report, September
    15, 2006
  • Natwar M. Gandhi, memorandum to mayor on National Capital Medical
    Center, May 5, 2006
  • Jerry L. Malone, General Counsel, Office of the Chief Financial
    Officer, and Ridgley C. Bennett, Assistant General Counsel, Letter to
    the Board of Elections and Ethics on the Video Lottery Terminal Gambling
    Initiative of 2006, May 3, 2006
  • David A. Catania, letter disputing Chief Financial Officer’s land
    cost estimate for ballpark, May 11, 2005
  • Natwar M. Gandhi, certifying two private financing plans for ballpark,
    April 5, 2005
  • Natwar M. Gandhi, Tax ruling, same-sex couples ineligible to file
    joint tax returns, May 3, 2005
  • Natwar M. Gandhi, cost re-estimation study for baseball stadium, March
    30, 2005
  • Natwar M. Gandhi, evaluation of alternative financing plans for the
    baseball stadium: press
    release, evaluation
    presentation, summary
    table, evaluation
    report, March 15, 2005
  • Natwar M. Gandhi, letter commenting on BW Realty Advisors’s ballpark
    financing proposal, November 18, 2004
  • Natwar M. Gandhi, letter opinion on the DC Ballpark TIF area, November
    5, 2004
  • Natwar M. Gandhi, testimony on the “Ballpark Omnibus Financing and
    Revenue Act of 2004,” October 28, 2004
  • Natwar M. Gandhi, financial impact statement on the “Ballpark
    Omnibus Financing and Revenue Act of 2004,” October
    27, 2004
  • Natwar M. Gandhi, testimony on the FY 2005 budget request of the
    Office of the Chief Financial Officer, April 7,
    2004
  • Testimony on the mayor’s FY2005 proposed budget and financial plan, March
    29, 2004
  • CFO announces Daniel L.Black as new deputy for the Office of Tax and
    Revenue, February 9, 2004
  • Testimony on reducing the real property tax burden for Class 1
    owner-occupied properties and related legislation, January
    13, 2004
  • Letter to Washington Convention Center Authority Board on refinancing
    the Convention Center’s debt, August 19,
    2003
  • Letter to Washington Convention Center Authority Board on its FY2003
    budget deficit, July 29, 2003
  • Announcement of $128 million budget shortfall, February
    20, 2003
  • Release of the District of Columbia’s FY 2002 Comprehensive Annual
    Financial Report (CAFR), January 29, 2003

  • Plans for closing $75 million budget gap, memorandum, July
    24, 2002
  • Options for closing $75 million budget gap, memorandum, July
    2, 2002
  • Advisory on Reduced Local Source Revenue, Medicaid Receivable, and
    Spending Pressures for FY 2002, June 27, 2002
  • Staff listing, February 2002
  • Release of the District of Columbia’s FY 2001 Comprehensive Annual
    Financial Report (CAFR), January 28, 2002

  • City Council Committee on Finance and Revenue public hearing on the
    District’s financial outlook, October 19, 2001

  • City Council Committee of the Whole and Committee on Finance and
    Revenue joint public roundtable on the report of the GAO, May 14, 2001

    • Testimony of Suzanne E. Cambria,
      DC Action for Children
    • Testimony of Councilmember Jack Evans
    • Testimony of Natwar M. Gandhi, Chief Financial Officer
    • General Accounting Office, “District of Columbia: Weaknesses in
      Financial Management System Implementation,” Report to the Chairman,
      Subcommittee on the District of Columbia, Committee on Appropriations,
      House of Representatives, GAO-01-489, April
      30, 2001
    • Testimony of Mayor Anthony A. Williams
  • Chief Financial Officer Natwar Gandhi’s memorandum about the Public Benefits
    Corporation warning of fiscal shortfalls, November 14, 2000
  • Appointment of Natwar Gandhi as Chief Financial Officer
  • Press release from Valerie Holt upon her resignation as CFO, May
    5, 2000
  • Press release on the release of the fiscal year 1999 Comprehensive Annual Financial
    Report (CAFR), April 29, 2000

  • Memorandum to agency directors and chief financial officers on
    transition to performance-based budgeting, April
    26, 2001
  • Letter to Alice Rivlin, Control Board Chair, from eight Councilmembers, demanding
    resignation of Valerie Holt at Chief Financial Officer, February
    29, 2000

    • Mayor’s response to Council’s letter, February
      29, 2000
    • Alice Rivlin’s response to Council’s letter, March
      1, 2000
    • District of Columbia, New Financial Management System, General Accounting Office Report,
      GAO/AIMD-99-217R, June 18, 1999
  • Testimony of Valerie Holt, Chief Financial Officer, February 25,
    2000
  • Appointment of Earl C. Cabbell as interim Chief Financial Officer, June 8, 1998
  • Information on DC taxes and tax forms from the CFO’s
    office