KBRA Releases Rating Report for the Board of Education of the City of Chicago, IL Unlimited Tax General Obligation Bonds

On October 20, 2023, KBRA assigned a long-term rating of BBB with a Stable Outlook to the Board of Education of the City of Chicago's Unlimited Tax General Obligation Bonds (Dedicated Revenues), Series 2023A. Concurrently, KBRA affirmed the BBB+ and BBB ratings and Stable Outlooks on the Board of Education's Unlimited Tax General Obligation Bonds. Those Series which have special revenue legal opinions provided by the Board to KBRA that have been reviewed by KBRA's outside counsel are affirmed at BBB+. For those Series without associated special revenue legal opinions, the BBB rating is affirmed.

To access rating and relevant documents, click here.

Click here to view the report.