WASHINGTON -- The District of Columbia had so little cash last month that it had to rely on debt service funds to stay afloat, Moody's Investors Service said Friday.

In a credit report that highlighted the district's weakening cash position and fiscal 1994 operating deficit, the rating agency said the district's depleted cash position forced it to defer a scheduled transfer to an escrow account of $63 million of tax revenue collected to pay debt service on general obligation bonds.

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