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<classification authority="sudocs">GA 1.13:T-AIMD-94-158</classification>
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 <subject>Financial management</subject>
 <subject>Appropriated funds</subject>
 <subject>Budget obligations</subject>
 <subject>Payments</subject>
 <subject>Future budget projections</subject>
 <subject>Local governments</subject>
 <subject>Budget receipts</subject>
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 <title>Financial Status: District of Columbia Finances</title>
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<abstract>The District of Columbia, faces with unresolved long-term financial
issues and short-term financial crises, will run short of cash by the
end of fiscal year 1995 unless steps are taken to compensate for revenue
shortfalls, which could force the city to borrow from the U.S. Treasury.
This testimony discusses GAO&apos;s recent review of the District&apos;s finances;
the calculation of the authorized federal payment to the District for
fiscal year 1995; and H.R. 2902, which would amend the District&apos;s Home
Rule Act.</abstract>
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 <topic>Appropriated funds</topic>
 <topic>Budget obligations</topic>
 <topic>Payments</topic>
 <topic>Future budget projections</topic>
 <topic>Local governments</topic>
 <topic>Budget receipts</topic>
 <topic>Funds management</topic>
 <topic>Budget administration</topic>
 <topic>Financial analysis</topic>
 <topic>Medicaid Program</topic>
 <topic>Water and Sewer Fund</topic>
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