District of Columbia financial control board

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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.

All labels observed (5)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf federally appointed oversight body
financial control board
government agency
alsoKnownAs District of Columbia Financial Responsibility and Management Assistance Authority
appliesToJurisdiction District of Columbia
Washington, D.C.
appointedBy President of the United States
composition five members
country 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
Public Law 104-8
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
Mayor of the District of Columbia
parentOrganization federal government of the United States
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
DCFRMAA
significantEvent restoration of balanced budgets in the District of Columbia
return of greater home rule powers to District officials after 2001
startTime 1995

How these facts were elicited

Referenced by (5)

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

District of Columbia Financial Responsibility and Management Assistance Authority shortName D.C. Financial Control Board
linked to: District of Columbia financial control board
District of Columbia Financial Responsibility and Management Assistance Authority alsoKnownAs District of Columbia Control Board
linked to: District of Columbia financial control board
District of Columbia Financial Responsibility and Management Assistance Authority alsoKnownAs D.C. Control Board
linked to: District of Columbia financial control board
District of Columbia Financial Control Board shortName D.C. financial control board
linked to: District of Columbia financial control board