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The District is ending the fiscal year with an $89 million budget windfall, but the city's chief financial adviser warns that difficult spending choices loom amid uncertainty about the federal budget and the international economy.
In a revised revenue forecast released Friday afternoon, Chief Financial Officer Natwar M. Gandhi said the extra money in the fiscal 2011 budget was the result of stronger-than-expected property tax revenue.
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Anthony Faiola 17 Sep, 2011
Anthony Faiola --
Source: http://feeds.washingtonpost.com/click.phdo?i=443e9445bc3acf6f96850cc62ce589d1
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