School bonds

The northern California school district has been struggling for years and on several occasions abandoned plans to consolidate schools, which rating agencies say might have shored up finances.

The bill was a response to a charter school fraud that took the state for $400 million, but Gov. Gavin Newsom said the proposed reforms were too expensive.

Illinois school districts face worsening credit pressure due rising personnel and special education costs and slower home price growth, S&P Global Ratings said.

Deston High School defaulted on series 2021A, 2022A and 2022B bonds.

S&P Global Ratings cut the Toms River Regional School District to A-minus from A, ending a negative CreditWatch but assigning a negative outlook.

The state government is holding back school aid while it waits for lawmakers to pass a budget. That's hurting some schools more than others. 

Minnesota school districts face a financial crunch as the end of pandemic relief funds coincides with rising expenses, lower enrollment and labor pressures.

The appelate ruling in favor of the San Juan Unified School District helps clarify what districts can finance under the state laws governing bond elections.

Chicago Public Schools plans to return to market with $650 million of Series 2025A unlimited tax general obligation bonds.

The school had less than one time debt service coverage last fiscal year.

Virginia Gov. Glenn Youngkin is touting a $4.7 billion reserve fund as he prepares to leave office and possibly seek a presidential run while an academic study predicts headwinds for the state's economy.

The relative rarity of the credit was compounded by their source of funds, the deal's size, and bond ratings slightly lower than New York state and city. 

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.

A flow of public dollars to private schools has raised credit concerns about public schools and spurred litigation in Southwest states.

The Local Government Commission approved issuance of notes that will be taken out gradually in the next few years.

School districts are facing many challenges, including less federal funding, increased competition, declining enrollment and inflating costs.

A 2024 Illinois law loosened school bond restrictions, allowing districts to authorize some debt without an election. That caused a backlash in one district.

New Jersey's Toms River school district was downgraded two notches by S&P after refusing to adopt a budget and discussing bankruptcy.

School districts across Missouri face uncertainty over certification of their bond measures in light of a statute requiring a precise public notice window.

A New Jersey school district will likely avoid filing for bankruptcy after the state passed a budget that raised property taxes.