Fitch Ratings revised Chicago’s ‘A-‘ IDR and GO bond rating outlook to Negative. The city faces a $1.1 billion budget gap for 2026. Reserves could drop below 15% of spending by 2025.
Thu 29 May, 2025 – 5:34 PM ET
Fitch Ratings revised Chicago’s ‘A-‘ IDR and GO bond rating outlook to Negative. The city faces a $1.1 billion budget gap for 2026. Reserves could drop below 15% of spending by 2025.
Thu 29 May, 2025 – 5:34 PM ET