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MOODY’S: IL ED FUNDING A ‘CREDIT NEGATIVE’

Moody’s Investors Service last week said #Illinois’ failure to distribute state aid to school districts on time puts them at risk for a credit downgrade. The agency said the stalemate in Springfield holding funding hostage is a “credit negative” for Illinois’ school districts, and warned that property-poor districts will be the most negatively affected if the school funding impasse continues. (Illinois Policy Institute)

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