District of Columbia Financial Responsibility and Management Assistance Act of 1995

E183176

The District of Columbia Financial Responsibility and Management Assistance Act of 1995 is a U.S. federal law that established a financial control board and other oversight mechanisms to restore fiscal stability and improve financial management in Washington, D.C.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf United States federal law ⓘ
public law ⓘ
affects Council of the District of Columbia ⓘ
District of Columbia Chief Financial Officer ⓘ
Mayor of the District of Columbia ⓘ
aimsTo achieve balanced budgets in the District of Columbia ⓘ
restore access of the District of Columbia to credit markets ⓘ
alsoKnownAs District of Columbia Financial Responsibility Act of 1995 ⓘ
appliesDuring period of fiscal emergency in the District of Columbia ⓘ
appliesTo District of Columbia ⓘ
context financial crisis in the District of Columbia in the mid-1990s ⓘ
country United States of America ⓘ
creates District of Columbia Financial Responsibility and Management Assistance Authority ⓘ
District of Columbia financial control board ⓘ
establishes federal oversight of District of Columbia finances ⓘ
mechanisms for financial planning and budgeting in the District of Columbia ⓘ
procedures for approval of the District of Columbia budget ⓘ
requirements for financial reporting by the District of Columbia ⓘ
grantsPower authority to oversee borrowing by the District of Columbia ⓘ
authority to require financial reforms in the District of Columbia government ⓘ
authority to review and approve the District of Columbia’s annual budget ⓘ
authority to review and approve the District of Columbia’s financial plan ⓘ
hasComponent provisions on borrowing limits for the District of Columbia ⓘ
provisions on budget submission and approval ⓘ
provisions on financial reporting and disclosure ⓘ
provisions on powers and duties of the control board ⓘ
impact implementation of financial management reforms in the District of Columbia ⓘ
increased federal oversight of District of Columbia governance ⓘ
jurisdiction United States Congress ⓘ
legalForm statute ⓘ
modifies exercise of home rule authority in the District of Columbia ⓘ
oversightBody District of Columbia Financial Responsibility and Management Assistance Authority ⓘ
purpose ensure the timely payment of the District of Columbia’s debts and obligations ⓘ
improve financial management in the District of Columbia government ⓘ
restore fiscal stability in the District of Columbia ⓘ
regulates financial operations of the District of Columbia government ⓘ
issuance of debt by the District of Columbia ⓘ
relatedTo District of Columbia Home Rule Act ⓘ
requires independent audits of the District of Columbia’s financial statements ⓘ
preparation of multi-year financial plans for the District of Columbia ⓘ
sector public administration ⓘ
public finance law ⓘ
shortName D.C. Financial Responsibility and Management Assistance Act of 1995 ⓘ
subject budgetary control ⓘ
fiscal oversight ⓘ
municipal debt management ⓘ
public finance of the District of Columbia ⓘ

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 Office of the Chief Financial Officer → legalBasis → District of Columbia Financial Responsibility and Management Assistance Act of 1995 ⓘ
District of Columbia Financial Responsibility and Management Assistance Act of 1995 → shortName → D.C. Financial Responsibility and Management Assistance Act of 1995 ⓘ
linked to: District of Columbia Financial Responsibility and Management Assistance Act of 1995
District of Columbia Financial Responsibility and Management Assistance Act of 1995 → alsoKnownAs → District of Columbia Financial Responsibility Act of 1995 ⓘ
linked to: District of Columbia Financial Responsibility and Management Assistance Act of 1995
District of Columbia Financial Responsibility and Management Assistance Authority → legalBasis → District of Columbia Financial Responsibility and Management Assistance Act of 1995 ⓘ
District of Columbia Financial Control Board → legalBasis → District of Columbia Financial Responsibility and Management Assistance Act of 1995 ⓘ