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Fitch Lowers Chicago Schools’ Outlook as $558M Deal Prices

Posted on October 02, 2009

The Bond Buyer

This article about Fitch’s revision of the Chicago Public Schools’ bond rating from positive to stable cites the Civic Federation analysis of the FY2010 CPS proposed budget, specifically the recommendation that the Illinois General Assembly and District work together to reform the District’s pension system in order to avert fiscal challenges.