Park district’s financial health improving
SYCAMORE – Efforts to improve the Sycamore Park District’s financial health are paying off.
The district’s bond rating was upgraded to A from A-minus by Standard & Poor’s, a credit rating agency that determines the ability of corporate, state or city governments to meet their financial obligations.
The rating agency found that the park district has a “strong capacity” to meet financial commitments but may be “susceptible to adverse economic conditions and changes in circumstances.”
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