Ratings

The Moody's downgrade to Baa3 for East Orange School District stems from reserve levels that have been in the red the past two years.

Fitch Ratings raised the Las Vegas suburb to BBB-minus from BB, with a stable outlook.

The market awaits Gov. J.B. Pritzker's fiscal 2021 budget proposal next month before turning to November's progressive income tax vote.

Moody's Investors Service assigned a negative outlook to the college's Baa2 rating.

Miroslava Mejia Krug is a veteran of top fiscal posts at two Chicago-area private higher education institutions.

The Palmyra-Eagle district can't dissolve, and must find a way to close a looming budget gap as its reserves and enrollment dwindle.

Both the senior and the new second lien of Chicago's Sales Tax Securities Corp. are now rated AA-minus.

The first hard evidence of how this is affecting ratings in the public finance sector came from a downgrade two months ago involving Princeton Community Hospital in West Virginia.

S&P dropped the the nation's second-most-populous county — one of many Illinois governments struggling with retirement plan funding — to A-plus from AA-minus.

The Palmyra-Eagle Area School District says it will run out of operating funds in the next school year.