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Chief Financial Officer

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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

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