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D.C. may see bond rating upgrade. (News Briefs).(District of Columbia)(Brief Article)(Statistical Data Included)

Government Finance Review

| August 01, 2002 | COPYRIGHT 2002 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

At a hearing of the Senate Appropriations Subcommittee on the District of Columbia, Senator Mary Landrieu said improvements in the federal enclave's financial condition may lead rating agencies to upgrade the city's bond rating. Deputy CFO Julia Friedman told the subcommittee that the district will be able to balance its budget for the fifth consecutive year. According to Friedman, the city will eliminate $250 million of an estimated ...

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