I consider the annual budget a statement of our priorities as a city. I will closely inspect the D.C. budget to make sure we spend our tax dollars efficiently and effectively. I will focus on expanding our tax base through smart economic development and a diverse economy.
Whenever we give public resources to a developer or contractor, we as the city should get something in return, such as a pipeline of jobs. And we need to make sure we negotiate up front and understand the training that might be needed for the jobs that will be created.
Specifically, in my job with the D.C. Fiscal Policy Institute, I helped work to pass three pieces of legislation that address this issue: the Unified Economic Development Budget Transparency and Accountability Act of 2010, which requires the mayor to put together an annual report on economic development expenditures; the Exemptions and Abatements Information Requirements Act of 2011, which requires a CFO analysis of any taxpayer subsidy for economic development; and the Workforce Intermediary Establishment and Reform of First Source Amendment Act of 2011, which establishes the intermediary as well as benchmarks for first source.