CHICAGO - With an eye on establishing a long-term revenue stream to subsidize operations, the Milwaukee comptroller's office will accept until April 9 proposals from firms interested in working on a buy-side advisory team for the possible privatization of the city's water utility.

Longtime Milwaukee Comptroller W. Martin "Wally" Morics floated the idea to city officials last year of leasing the system as a possible means to generate an ongoing revenue source. The city faces a near-term budget crunch and the long-term strains of growing costs, shrinking state aid, and limited tax-raising abilities due to state caps.

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