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The Chicago Board of Education warns of tough spending decisions ahead if the federal government doesn't act on a new stimulus/relief package.
August 27 -
The coronavirus adds to the fiscal challenges facing the already junk-rated school district, which is the nation's third-largest.
August 18 -
Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.
July 20 -
Moody's sees the state's budget woes as posing the most severe strain on the junk-rated district's fiscal prospects
June 3 -
Weak investment returns, assumption changes, and low contributions pushed up the cumulative unfunded liabilities of 11 local government pension funds.
May 5 -
The Illinois penalty that raises borrowing costs for all issuers in the state may widen as local agencies and governments face likely cuts in state support.
April 21 -
Miroslava Mejia Krug is a veteran of top fiscal posts at two Chicago-area private higher education institutions.
January 23 -
Chicago Public Schools long climb back to investment grade continues
November 27 -
The labor deal with teachers to end an 11-school-day strike puts pressure on Chicago Public Schools in the out years, say FItch and S&P.
November 8 -
The junk-rated school district revised its fiscal 2020 budget to reflect the contract that ended a teachers' strike, but long-term questions remain.
November 5