I also think this is an appropriate time to publicly thank once again members of the District of Columbia Financial Responsibility and Management Assistance Authority, which we call the Control Board. The Control Board has played a pivotal role in helping the District turn around a huge budget deficit, improve its bond rating, and begin the process of making government more citizen-friendly. The Control Board's tenure expires on Sunday, but it is all of our hope that its legacy of fiscal prudence has made an indelible mark on the city. Indeed, as the economy continues to slow, the District must resist spending pressures that could return it to the days of financial crisis. It also must continue to work on strengthening internal accounting.
Editor's note · Context
Discussing the role of the Control Board in improving D.C.'s financial situation.
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