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Covering an entire city block, it is the largest privately owned office building in Washington, D.C. [3] Current tenants include the Federal Housing Finance Agency [4] and the Office of the Comptroller of the Currency. [5] As of February 2014, Constitution Center was worth $725.8 million, making it the most valuable taxable property in the city ...
The Government Accountability Office and other analysts have estimated that the city's high percentage of tax-exempt property and the Congressional prohibition of commuter taxes create a structural deficit in the District's local budget of anywhere between $470 million and over $1 billion per year.
The agency is headed by the Comptroller General of the United States. The comptroller general is appointed by the president with the advice and consent of the Senate. When a vacancy occurs in the office of the comptroller general, Congress establishes a commission to recommend individuals to the president. [5] The commission consists of the ...
According to the DCRA: The mission of the Department of Consumer and Regulatory Affairs is to protect the health, safety, economic interests, and quality of life of residents, businesses, and visitors in the District of Columbia by issuing licenses and permits, conducting inspections, enforcing building, housing, and safety codes, regulating land use and development, and providing consumer ...
The District attained limited home rule in 1973 and was for many years financially stable. But the combination of federally imposed budget limitations and requirements, "white flight", inadequate federal support, the recession of the early 1990s, the urban crack epidemic and poor local management were too much for the city to handle and in 1994 the District began operating at a deficit.
In the present day, the name "Washington" is commonly used to refer to the entire District, but DC law continues to use the definition of the city of Washington as given in the 1871 Organic Act. [10] In 1873, President Grant appointed an influential member of the board of public works, Alexander Robey Shepherd, to the post of governor. Shepherd ...
tax register — a register used for the purpose of revenue collection, including taxes, duties such as tariffs or excise, as well as mandatory social insurance and health insurance contributions; such a register includes all taxable entities, as well as their tax liabilities, including tax liens.
The MSRB was created by the Section 15B of the Securities Exchange Act of 1934 (as amended by the Securities Acts Amendments of 1975, Pub. L. 94–29, and codified at 15 U.S.C. § 78o-4(b)) to create a mechanism for the regulation of municipal securities as well as brokers, dealers, and banks in the municipal securities business.