School bonds

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.