LOS ANGELES -- California Gov. Pete Wilson's decision to wait until mid-June to release his final spending plan for fiscal 1995 has hampered planning for next month's record $6.9 billion short-term borrowing, state assistant treasurer Hal Geiogue said last week.

The negotiated financing, scheduled to be priced July 20, would surpass a $5 billion revenue anticipation note sold in September 1992, also by California.

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