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FEDERAL PAYMENT-BORROWING AUTHORITY PRO-
POSALS FOR THE DISTRICT OF COLUMBIA-1967

HEARING

BEFORE THE

SUBCOMMITTEE ON FISCAL AFFAIRS

OF THE

COMMITTEE ON

THE DISTRICT OF COLUMBIA
UNITED STATES SENATE

NINETIETH CONGRESS

FIRST SESSION

ON

S. 1218

TO PROVIDE FOR COMPUTING THE ANNUAL FEDERAL
PAYMENT AUTHORIZATION FOR THE DISTRICT OF CO-
LUMBIA AND ESTABLISHING A METHOD FOR COMPUTING
THE ANNUAL BORROWING AUTHORITY FOR THE GEN-
ERAL FUND FOR THE DISTRICT OF COLUMBIA

H.R. 8718

TO INCREASE THE ANNUAL FEDERAL PAYMENT TO THE
DISTRICT OF COLUMBIA AND TO PROVIDE A METHOD FOR
COMPUTING THE ANNUAL BORROWING AUTHORITY FOR
THE GENERAL FUND OF THE DISTRICT OF COLUMBIA

JUNE 12, 1967

Printed for the use of the Committee on the District of Columbia

81-348

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1967

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CONTENTS

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MATERIAL SUBMITTED FOR THE RECORD

Ailes, Stephen, president, Federal City Council, letter dated April 21,
1967, expressing support of S. 1218, with attached resolution____
District of Columbia government:

Authorization for loans from the U.S. Treasury to assist in financing
the cost of construction facilities required for activities financed
by the general fund of the District of Columbia___.

Exhibit D-Public Schools: Construction Program, 1968-73.

Exhibit E-Resources Available From Increased Federal Payment-.
Exhibit F-Resource Availability From Increased Loan Authority.
Exhibit G-Ratio of Revenue to Outstanding Debt in 21 Largest Ù.S.
Cities (fiscal 1965)...

Exhibit H-Authorization for Loans to the District from U.S.

Treasury..

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