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Moody's raised the Chicago Board of Education's rating by one notch to Ba2.
March 4 -
The junk-rated Chicago Public Schools sold $872 million of new-money and refunding bonds into a rockier market for high-yield paper Thursday.
January 14 -
The primary led Thursday's firmer tone while Chicago schools faced 10 to 20 bp penalties compared to price talk, signifying investors are being more selective and demanding more in the new higher-yield range.
January 13 -
Chicago Public Schools returns to the market after resolving a union dispute that shuttered schools amid the spreading omicron COVID-19 variant.
January 11 -
Chicago Mayor Lori Lightfoot chose San Antonio schools superintendent and former CPS CFO Pedro Martinez to lead the district ahead of a major governance shift.
September 15 -
J.B. Pritzker signed legislation to move the Chicago Board of Education to an elected 21-member board from the seven-member panel now appointed by the mayor.
July 30 -
The district hopes to win back investment grade ratings by raising fund balances, a task that becomes harder after federal coronavirus relief is exhausted.
July 29 -
Federal aid boosts Chicago Public Schools as a sea change in governance looms with elected school board legislation awaiting the governor's signature.
July 14 -
The city and school district's financial "entanglements" will be the subject of an independent financial review due before the first elections are held.
June 17 -
Mayor Lori Lightfoot says she will keep fighting to reshape the legislation the state Senate approved this week to transition to a fully elected school board.
June 3