WASHINGTON -- A much anticipated report by congressional auditors says that unless the District of Columbia makes policy changes to head off potential cash shortfalls, "it may be forced to borrow from the U.S. Treasury by fiscal year 1995."

But the district's top finance official, Ellen O'Connor, said yesterday that Treasury borrowing "is not on the radar screen."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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