Budget Act on Track

Ackerman, Andrew
June 2006
Bond Buyer;6/5/2006, Vol. 356 Issue 32395, p39
Trade Publication
The article discusses the approval of Budget Support Act for the fiscal 2007 by the District of Columbia Council in Washington D.C. A provision to raise the city's exhausted tax increment financing cap of 300 million dollars to 500 million dollars is included in the Budget Support Act. Tax increment financing authority committed by the district runs up to 280 million dollars and is being used for project financing by the government.


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