Fiscal Responsibility

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.

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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.