The District’s Chief Financial Officer revealed yesterday that approximately $47 million in excess reserves from Events DC, until recently under Evans’ committee’s jurisdiction, should have been made available for other purposes in 2017 and 2018

WASHINGTON, DC – Yesterday, the District’s Chief Financial Officer revealed that approximately $47 million from Events DC should have been made available for other purposes in 2017 and 2018. Oversight of Events DC fell within the jurisdiction of the DC Council’s Finance and Revenue Committee, which Jack Evans chairs, until earlier this year. The DC Council stripped the committee of oversight of Events DC and other agencies and issues following revelations that Evans had attempted to sell access to his public office to private clients and is under federal investigation.

“This situation reveals an embarrassing lack of oversight by Jack Evans, and now key funding for housing is at risk,” Jordan said. “This is yet another example of why Ward 2 needs a councilmember who’s fully focused on the needs of our community, not distracted by his paying clients.”

Fifth generation DC resident and former Obama Administration official Jordan Grossman is a candidate for the Ward 2 seat on the DC Council. Jordan is running to end corruption and make it easier for District residents to afford a home, find high-quality child care, walk, bike, or take public transit to work, and pay off student loan debt. He is challenging scandal-plagued incumbent Jack Evans in the Democratic primary in 2020.

Last month, Jordan became the first candidate ever to announce that he has earned enough support from District residents to qualify for DC’s new public financing program – after just four days in the race. The Fair Elections Program is a voluntary public financing program established by the Fair Elections Act of 2017. It limits individual contributions to $50 for ward council races and bans corporate and traditional political action committee (PAC) contributions, among other requirements. To qualify, a candidate for a ward seat on the DC Council must raise $5,000 from at least 150 DC residents in donations of $50 or less. Candidates who meet the requirements earn matching funds equal to five times the amount they raise from District residents.

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