Moody's Investors Service has downgraded to A2 from A1 the general obligation rating on Menard, Cass and Sangamon Counties CUSD 202 (Porta, Ill.).

Concurrently, the district's outlook has been revised to negative. The A2 rating and negative outlook applies to $8.8 million of outstanding Moody's-rated GO debt. The district has an additional $6.9 million in GO debt which is not rated by Moody's.

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