Hancock County CUSD 316, Ill., Downgraded to A by S&P

Standard & Poor's Ratings Services said it lowered its long-term rating on Hancock County Community Unit School District No. 316 (Warsaw), Ill.'s existing general obligation (GO) debt to A from A-plus.

The outlook is negative based on the district's continued trend of structural imbalance.

"The lower rating reflects the district's reduced reserves," said Standard & Poor's credit analyst David Smith.

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