CHICAGO - Officials in East St. Louis, Ill., must submit a revised fiscal 1994 budget to the city's financial oversight authority by Dec. 18, following the authority's rejection of two previous versions.

The latest rejection followed the city's failure again to provide debt service projections related to an anticipated debt restructuring plan in fiscal 1994, R. Bruce Patterson, the executive director of the East St. Louis Financial Advisory Authority, said yesterday. Authority and city officials have said they hope the plan can be implemented by next summer.

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