D.C. Mayor Questions Revenue Projections - NBC4 Washington
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D.C. Mayor Questions Revenue Projections



    District of Columbia Mayor Vincent Gray thinks the latest batch of revenue projections from the city's chief financial officer may be too conservative.

    CFO Natwar Gandhi has estimated that the district will bring in $36 million more than previously estimated in the next fiscal year.

    But Gray says in a letter to Gandhi that he's “concerned” that the “revenue projections might be unrealistically low.” He questions whether Gandhi is factoring in the District's surging population, falling unemployment and the national economic recovery.

    Gray said he doesn't want to be forced to make spending cuts that turn out to be unnecessary.

    A spokesman for Gandhi said the office is reviewing the letter, calling it unprecedented for a mayor to question revenue figures in this way.