D.C. Council head Brown seeks outside help with finances

Audit good, but shoals loom

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Concerns about the city’s finances grew following a recent report from Standard & Poor’s that “increased costs and liabilities associated with the District’s recent purchase of UMC” could negatively affect the city’s credit rating.

Ward 5 Council member Harry Thomas Jr. said at the audit briefing that the CAFR underscores critical points that the Gray administration must address. The fact that the city received another clean audit is not enough.

“The CAFR is no longer something to celebrate. It is something we expect,” Mr. Thomas said. “It is the standard. We have to tighten our belt.”

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About the Author
Deborah Simmons

Deborah Simmons

Award-winning opinion writer Deborah Simmons is a senior correspondent who reports on City Hall and writes about education, culture, sports and family-related topics. Mrs. Simmons has worked at several newspapers, and since joining The Washington Times in 1985, has served as editorial-page editor and features editor and on the metro desk. She has taught copy editing at the University of ...

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