Financial reporting.
No later than December 1, 2014, and on a quarterly basis thereafter, until the approval of the Fiscal Year 2016 budget and financial plan, the Chief Financial Officer shall provide a report to the Council on the following subjects: Progress toward ensuring that the Fiscal Year 2016 budget will be balanced, including: Savings achieved to date; Additional revenue certified through revised revenue estimates; and Additional revenue that may be certified through revenue enhancements; An analysis of procurement reform efforts in Fiscal Year 2014, including: Contracts reviewed for potential cost savings; Savings secured through the renegotiation of existing contracts; and A report from the Office of Contracting and Procurement to the Chief Financial Officer regarding subparagraphs (A) and (B) of this paragraph, An analysis of personnel review efforts, including: Positions left vacant or eliminated as a result of cost-savings initiatives; and Savings secured through personnel savings; and Any other operating budget savings achieved or targeted in Fiscal Year 2014. Agencies shall report on their progress toward limiting personal and nonpersonal expenditures whether one-time or recurring.
Annotations
Feb. 26, 2015, D.C. Law 20-155, § 1142, 61 DCR 9990 For temporary (90 days) addition of section, see § 1142 of the Fiscal Year 2015 Budget Support Second Congressional Review Emergency Act of 2014 (D.C. Act 20-566, January 9, 2015, 62 DCR 884, 21 STAT 541). For temporary (90 days) addition of section, see § 1142 of the Fiscal Year 2015 Budget Support Congressional Review Emergency Act of 2014 (D.C. Act 20-449, October 10, 2014, 61 DCR 10915, 20 STAT 4188). For temporary (90 days) addition of section, see §§ 1142 and 1143 of the Fiscal Year 2015 Budget Support Emergency Act of 2014 (D.C. Act 20-377, July 14, 2014, 61 DCR 7598, 20 STAT 3696).
Sourced from the DC Council Open Law Library (public domain).
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