WASHINGTON -- Congress appears likely to approve Mayor Sharon Pratt Dixon's proposal for issuing $332 million of bonds to erase the District of Columbia's accumulated deficit, but city officials are still worried.

The question is whether legislators will act on the city's appropriations bill, which contains the proposal, in time to avoid a costly short-term borrowing. "We've got some serious concerns about that," an official said yesterday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.