District of Columbia Council member David Catania called on chief financial officer Natwar Gandi to produce updated revenue estimates for fiscal 2009 so the council can consider possible further budget cuts before the new year.

Catania also warned that officials needed to consider the matter soon to avoid financial problems similar to those the city experienced in the 1990s.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.