Kroll Bond Rating Agency (KBRA) has Affirmed the long-term rating of AA with a Stable Outlook on the Chicago Park District’s general obligation debt. This rating applies to all of the District’s outstanding general obligation bonds.
This rating affirmation is based on KBRA’s U.S. Local Government General Obligation Methodology. KBRA’s rating evaluation of the long-term credit quality of local government general obligation bonds focuses on four key rating determinants:
- Governance, Management Structure, and Policy
- Municipal Resource Base
- Debt and Additional Continuing Obligations
- Financial Performance and Liquidity Position
To access the full report, please click on the link below:
Chicago Park District G.O. Bonds
If you have any difficulties accessing the report, please contact [email protected] or visit www.kbra.com.