D.C.'s Chief Financial Officer: Jeffrey S. DeWitt
Join us for a conversation with D.C.'s Chief Financial Officer: Jeffrey S. DeWitt.
Do you have questions about Property Tax Assessments? Have you had issues with OTR? Join us for a conversation with Jeff DeWitt, Chief Financial Officer of the District of Columbia. This is an opportunity for AOBA members to gain answers to many questions about the District's budget and finances. This is a question/answer session where you can ask about the District's financial outlook, Real Property Tax Assessment, and rent control. Come prepared with questions!
Jeffrey S. DeWitt is the chief financial officer (CFO) for the District of Columbia and is responsible for the management of the District’s finances, including its approximately $15.4 billion budget, the majority of which ($10 billion) is generated from local revenue sources. He also manages the city’s $8.5-billion, capital-improvement plan budget. DeWitt was appointed to this position by Mayor Vincent C. Gray and confirmed by the District Council to complete Natwar M. Gandhi’s five-year term through June 2017. DeWitt was reappointed by Mayor Muriel Bowser and confirmed by the District Council for a full term through June 2022.
As the independent CFO, Mr. DeWitt manages the District’s financial operations, which include more than 1,000 staff members in the tax and revenue administration; the treasury, comptroller and budget offices; the DC Lottery, economic/fiscal analysis and revenue estimation functions, and all District agencies. This includes management of the financial operations of the United Medical Center, the University of the District of Columbia, and the Washington Convention and Sports Authority (EventsDC). He is also responsible for coordinating with congressional committees and the U.S. Office of Management and Budget staff that oversee District affairs. He regularly interacts with the financial community, including bond-rating agencies, regarding the District’s financial matters.
Previously, Mr. DeWitt served as CFO for the city of Phoenix, the 5th largest city in the United States with a $3.4 billion annual budget and nearly 15,000 employees. There, he managed a $7-billion debt portfolio and more than $2 billion in investments. He was a member of the City of Phoenix Employees Retirement Board, the Phoenix Community Development Investment Corporation, the Phoenix Downtown Hotel Corporation and Arena Development Board.
As CFO for the District of Columbia, DeWitt sits on the boards of the Washington Convention and Sports Authority (EventsDC) and Destination DC.
He is a member of the Government Financial Officers Association (GFOA), the American Accounting Association (AAA), Association of Government Accountants (AGA), and the American Water Works Association (AWWA).
He holds a master's degree from Southern Illinois University, Carbondale, and a bachelor’s degree from Eastern Illinois University.