WASHINGTON The District of Columbia's financial problems show no signs of easing as the district faces a potential fiscal 1995 budget shortfall of $431 million and cash shortfall of $91 million, district officials said yesterday.

City administrator Robert Mallett told the district council at a heating yesterday that a new assessment of the district's fiscal 1995 finances shows potential overspending of $25 1 million and a projected $40 million revenue shortfall.

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