Washington - District of Columbia officials are considering creating a separate water and sewer authority to oversee customers rates and issue tax-exempt revenue bonds for capital needs, according to the district's top finance official.

The idea "has long been under discussion," but has taken on new life as the district and its water and sewer utility administration explore options for financing "substantially larger" capital spending needs over the next decade, said Ellen O'Connor, chief financial officer and deputy mayor for finance. The district is "in the preliminary stage" of developing a proposals, she said.

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