District of Columbia financial control board

E696355

federally appointed oversight body financial control board government agency

The District of Columbia financial control board was a federally appointed oversight body that managed Washington, D.C.’s finances and budget during a period of severe fiscal crisis in the 1990s and early 2000s.

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All labels observed (1)

Label	Occurrences
District of Columbia financial control board canonical	1

Statements (48)

Predicate	Object
instanceOf	federally appointed oversight body ⓘ financial control board ⓘ government agency ⓘ
alsoKnownAs	District of Columbia Financial Responsibility and Management Assistance Authority NERFINISHED ⓘ
appliesToJurisdiction	District of Columbia NERFINISHED ⓘ Washington, D.C. NERFINISHED ⓘ
appointedBy	President of the United States ⓘ
composition	five members ⓘ
country	United States of America ⓘ surface form: United States
createdBy	United States Congress ⓘ
dissolutionReason	restoration of the District of Columbia’s fiscal health and balanced budgets ⓘ
dissolved	2001 ⓘ
endTime	2001 ⓘ
fieldOfWork	budget oversight ⓘ financial management reform ⓘ municipal finance ⓘ
hasAuthorityOver	District of Columbia borrowing ⓘ District of Columbia budget ⓘ District of Columbia financial management ⓘ District of Columbia government finances ⓘ
headquartersLocation	Washington, D.C. ⓘ
historicalPeriod	1990s ⓘ early 2000s ⓘ
inception	1995 ⓘ
jurisdiction	federal law ⓘ
legalBasis	District of Columbia Financial Responsibility and Management Assistance Act of 1995 NERFINISHED ⓘ Public Law 104-8 NERFINISHED ⓘ
location	Washington, D.C. ⓘ
mainFunction	approval of the District of Columbia budget ⓘ implementation of financial management reforms ⓘ oversight of Washington, D.C.’s finances ⓘ restoration of fiscal stability in the District of Columbia ⓘ
memberSelection	members appointed by the President with input from Congress ⓘ
oversightOf	Council of the District of Columbia NERFINISHED ⓘ Mayor of the District of Columbia NERFINISHED ⓘ
parentOrganization	federal government of the United States NERFINISHED ⓘ
power	authority to approve or reject District borrowing ⓘ authority to approve or reject the District’s annual budget ⓘ authority to override certain local decisions related to finances ⓘ authority to require financial plans and performance reports ⓘ
reasonForCreation	near insolvency of the District of Columbia government in the mid-1990s ⓘ severe fiscal crisis in the District of Columbia ⓘ
sector	public finance ⓘ
shortName	D.C. financial control board NERFINISHED ⓘ DCFRMAA NERFINISHED ⓘ
significantEvent	restoration of balanced budgets in the District of Columbia ⓘ return of greater home rule powers to District officials after 2001 ⓘ
startTime	1995 ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

District of Columbia Financial Responsibility and Management Assistance Act of 1995 → creates → District of Columbia financial control board ⓘ