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CFO's Office Under Fire At Hearing

D.C. Council Chairman Vincent C. Gray (D) and Council member Jack Evans (D-Ward 2) are currently focusing on missteps of the Office of Chief Financial Officer Natwar M. Gandhi at today's hearing on the Comprehensive Annual Financial Report.

Inspector General Charles J. Willoughby testified earlier that the functions of the city's treasury are "material weaknesses," the kind that bring down the bond rating.

The city isn't accounting for every dollar into the millions, he said.

Deputy Chief Financial Officer Lasana Mack told the council members that his office knows how much city the money has each day. But it doesn't always get updated through software, a problem that's been identified and resolved, he said.

Gray, however, noted that it was problem in fiscal 2007 and 2008.

Gandhi promises that fiscal 2009 will be different. "No money was lost," Gandhi said. "I'm confident that it will not happen again."


By Nikita R Stewart  |  February 6, 2009; 11:26 AM ET
Categories:  D.C. Council  
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Comments

The OCFO represents the very worst that DC government has to offer, and poor practices at the Ghandi level are just the tip of the iceberg.

DC government employees know all too well that the OCFO is the gang that couldn't shoot straight. This outfit can't even crank out the city payroll in a timely manner. They've built a two week buffer into the process and they've convinced people that this is perfectly normal.

Reimbursements for work-related travel? Forget it.

Error in your paycheck? Just wait a couple of months and they'll take care of it.

OCFO salaries are sky high and their output is below sea level. It is nice to know that the group called to account for a change.

Nevertheless, they'll be back to their old tricks by Monday morning.

Posted by: IHeartDC | February 6, 2009 12:58 PM | Report abuse

The OCFO represents the very worst that DC government has to offer, and poor practices at the Ghandi level are just the tip of the iceberg.

DC government employees know all too well that the OCFO is the gang that couldn't shoot straight. This outfit can't even crank out the city payroll in a timely manner. They've built a two week buffer into the process and they've convinced people that this is perfectly normal.

Reimbursements for work-related travel? Forget it.

Error in your paycheck? Just wait a couple of months and they'll take care of it.

OCFO salaries are sky high and their output is below sea level. It is nice to know that the group is being called to account for a change.

Nevertheless, they'll be back to their old tricks by Monday morning.

Posted by: IHeartDC | February 6, 2009 12:59 PM | Report abuse

Why does Natwar Ghandi still have a job? How does he know on Capital Hill that has hamstrung this Mayor and kept him in check?

Posted by: concernedaboutdc | February 6, 2009 2:44 PM | Report abuse

The central problem is that the OCFO is accountable to no one in DC government. The organization answers to Congress and that body isn't watching closely enough.

Posted by: IHeartDC | February 6, 2009 3:12 PM | Report abuse

IHeartDC, No one in DC government is accountable to anyone, from the mayor to all of his henchman. Congress really should start looking into a lot of things, especially their union busting agenda. It's pathetic that no one watches what is going on with the intention to do anything about it!! It's really strange how NO ONE who makes these blaring mistakes seems to be held accountable for their errors but other employees across the city are targeted and brought down!! Congress, please pay attention.

Posted by: southyrndiva | February 6, 2009 5:33 PM | Report abuse

The comments to this entry are closed.

 
 
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