School bonds

As Chicago Public Schools tries to get its fiscal house in order, it faces management turmoil, risks to federal funding and threatened immigration raids.

The high court agreed to review a June Oklahoma Supreme Court ruling that found state funding for a Catholic virtual charter school violates the constitution.

The Local Government Commission needs to approve the proposed competitive sale.

Public school districts sought bond authorizations in January totaling $469 million, which topped an available state cap of $293.4 million.

The rating agency said the district's strong management helped boost its ratings ahead of an $806 million bond issuance slated for Jan. 22.

Prolific debt issuance by Texas school districts, state issuers, and others drove muni volume to a state record in 2024, easily surpassing 2023's $59 billion.

A new law and constitutional amendment will restrict how fast property tax bills can rise on homestead properties, impacting local governments.

The Chicago Board of Education unanimously approved the firing of Chicago Public Schools CEO Pedro Martinez late Friday during a heated special meeting.

Voters in November approved measures to split the Alpine School District, which has more than $500 million of outstanding bonds, into three systems.

S&P Global Ratings released a report this week warning that the credit trajectory of the Chicago Board of Education will hinge on several contested factors.

Some Midwest states, notably Michigan and Ohio, dipped well below a national average that saw roughly two of every three school bond measures approved in November.

Voters approved at least 168 local school bond measures for $42.8 billion, according to preliminary tallies, but dozens of bond requests will fall short.

Issuers in Southwest states led by Texas are hoping voters will approve billions of dollars of bonds in Tuesday's election.

It is the largest measure bond measure the nation's second-biggest school district has ever put before its voters.

Build America Mutual insured the majority of the maturities in the West Contra Costa Unified School District GO deal.

After the school board resigned, the rating agency put Chicago Public Schools on notice that it will watch how its tricky financial situation is handled.

The Equitable School Revolving Fund will have 90 loans outstanding to charter schools across 23 states.

The proposed sale size has grown to $1.5 billion and the city claims it will bring $90 million in savings this year.

The deal is secured with gaming revenue and includes a public-private partnership.

The California State School Board Association has sued over an education funding work-around included as a trailer bill in the budget.