The District is on pace to finish the current fiscal year with a $140 million budget surplus, Mayor Vince Gray’s office announced today, with $23 million being raked in by the city’s new traffic cameras.
Sep 16, 2011
Someone Found $89 Million Under The Couch Cushions
With a mere two weeks left in the District’s 2011 fiscal year, D.C. CFO Natwar Gandhi told Mayor Vince Gray that he stumbled across an additional $89 million in cash today.
Aug 05, 2011
D.C. Revenue: Win Some, (Might) Lose Some
The District pulled in $8.7 million during its annual auction of properties with delinquent tax bills, reports Michael Neibauer, including a $4 million surplus because there were several properties up for sale which drew extra interest from investors.