Current through codified legislation effective September 4, 2024
Section 1-301.155 - Financial reporting(a) 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: (1) Progress toward ensuring that the Fiscal Year 2016 budget will be balanced, including: (A) Savings achieved to date;(B) Additional revenue certified through revised revenue estimates; and(C) Additional revenue that may be certified through revenue enhancements;(2) An analysis of procurement reform efforts in Fiscal Year 2014, including: (A) Contracts reviewed for potential cost savings;(B) Savings secured through the renegotiation of existing contracts; and(C) A report from the Office of Contracting and Procurement to the Chief Financial Officer regarding subparagraphs (A) and (B) of this paragraph,(3) An analysis of personnel review efforts, including:(A) Positions left vacant or eliminated as a result of cost-savings initiatives; and(B) Savings secured through personnel savings; and(4) Any other operating budget savings achieved or targeted in Fiscal Year 2014.(b) Agencies shall report on their progress toward limiting personal and nonpersonal expenditures whether one-time or recurring.Feb. 26, 2015, D.C. Law 20-155, § 1142, 61 DCR 9990.