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Waukegan CUSD 60 credit rating raised to A+ by S&P, district cites stronger finances
Summary
Waukegan Community Unit School District 60 said S&P Global Ratings upgraded its long-term rating from A to A+ with a stable outlook, the first upgrade in a decade. District officials said the change should lower future borrowing costs and increase financial flexibility for reinvestment in student programs.
Waukegan Community Unit School District 60 said it received a long-term credit rating upgrade from S&P Global Ratings, moving from an A to an A+ with a stable outlook, the district announced Jan. 6.
The upgrade, the first time the district’s rating has improved in a decade, ‘‘enhances our district’s financial flexibility and positions it…
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