Office of the Chief Financial Officer: Issues and Trends
DC Home Mayor Fenty DC Guide Residents Business Visitors DC Government Kids

Office of the Chief Financial Officer

OCFO HOME
OCFO HOME
SERVICES
About the OCFO
INFORMATION
SERVICES
ONLINE SERVICE
  REQUESTS

INFORMATION
ONLINE SERVICE
  REQUESTS

About the OCFO
Ask the CFO
Employment
  Opportunities

FOIA Requests
How to Reach Us
News Room
Site Map
Strategic Plan
Taxpayer Service Center
DC College Savings Plan 
Community Outreach
Fiscal Impact Statements
DC Lottery
TIF Program
Tobacco Directory
Unclaimed Property
Annual Operating Budget
  & Capital Plan

Annual Financial Report
Cash Reports
Debt Management
Delinquent Taxpayers
Economic Indicators
Economic Reports
Integrity and Oversight
DC Public Schools CFO
DC Retirement Plans
Tax Rates and Revenues
Internship Opportunities
Agency Directory
CFO's Biography
How to Reach Us
Organizational Chart
Strategic Plan

Strategic Plan

Issues and Trends

Issue Statement # 1:

While budget autonomy may somewhat change the District's relationship with the federal government, congressional and Council mandates will continue to make program implementation and financial resource management a challenge.


Issue Statement # 2:

The OCFO is the integrity arm of the government, and consists of staff with extremely complex responsibilities. OCFO managers and personnel support systems must be fully prepared to attract a highly trained and efficient workforce, successfully manage the union environment, provide a high level of service, and meet the needs of the OCFO to do more with less.

 

Issue Statement # 3:

As the independent fiscal manager, the OCFO must ensure financial integrity while striving to achieve balance between policies, budget priorities, and expenditures through interaction with the Mayor, DC agencies, Council, and Congress.

 

Issue Statement # 4:

The OCFO must concentrate its efforts in retaining highly skilled and experienced staff through education, training, pay, and benefits, so that it can provide a stable organization to accomplish its mission and goals.

 

Issue Statement # 5:

As new IT systems are implemented and integrated, not only must the OCFO make full use of technology to enhance budgeting and management reporting, it must also independently verify any relevant District-wide cost savings while adequately providing for necessary systems maintenance and upgrades.

 

Issue Statement # 6:

The acknowledged structural imbalance between revenues and expenditures continues to impede the District's ability to achieve program goals, limits our tax and spending options, leaves the city vulnerable to economic fluctuations, and places a premium on sound financial management.

 

Issue Statement # 7:

The OCFO needs to encourage strong management controls in partnership with program managers to continue to transition the District to a culture of vigorous enforcement of the local Anti-deficiency Act and sound financial planning.