Kroll Bond Rating Agency places City of Chicago general obligation bonds on watch for downgrade – The Bond Buyer

"We will be watching for passage of a FY2025 budget that sufficiently addresses the structural deficit and does not include an over-reliance on non-recurring revenues or expenditure savings," Linda Vanderperre, senior director in KBRA's public finance ratings group, told The Bond Buyer.
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David F
1 year ago

Just move it to junk, no reason to wait.

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