Moody's Investors Service said it has downgraded Grundy County School District 54's (Morris, Ill.) general obligation rating to A2 from A1 and assigned a negative outlook.
Grundy County SD 54, Ill., Downgraded to A2 by Moody's
FEB 7, 2013 7:17am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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