District of Columbia Statutes

§ 47-335.01 — Borrowing of funds for capital projects.

District of Columbia § 47-335.01
JurisdictionDistrict of Columbia
Title 47Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
Ch. 3Budget and Financial Management; Borrowing; Deposit of Funds.
Subch. IIBorrowing.

This text of District of Columbia § 47-335.01 (Borrowing of funds for capital projects.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 47-335.01 (2026).

Text

The Mayor shall not borrow any funds for capital projects unless the Mayor has obtained prior approval from the Council, by resolution, identifying the projects and amounts to be financed with such borrowings. In determining the amounts to be financed, the Mayor shall consult with the Chief Financial Officer to determine if any funds appropriated for Debt Service, as defined in § 47-334(1) , in excess of Debt Service requirements are available to reduce the amount of borrowing for the next bond issuance.

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Legislative History

Oct. 19, 2000, D.C. Law 13-172, § 3302, 47 DCR 6308; Feb. 26, 2015, D.C. Law 20-155, § 1043(c), 61 DCR 9990

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Bluebook (online)
District of Columbia § 47-335.01, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/47-335.01.