When Claypool took over the District in 1991 it had outlays of $65 million for capital improvements but it had only $15 million in cash; it had also reached the maximum on its debt ceiling.
When Claypool took over the District in 1991 it was also in financial disorder. For example, the District had outlays of $65 million for capital improvements but it had only $15 million in cash; it had also reached the maximum on its debt ceiling.