Pennsylvania / Organizations

Pennsylvania | Organizations

Philly Schools’ Credit Rating Depends on Contract Agreement, State Aid

The Philadelphia School District could face a credit downgrade from its current Ba2 rating if certain reforms do not take place. Moody’s Investors Services, a rating agency, released a report last week calling for a new contract between the school district and the labor unions, improved student retainment, better budgetary management, and the guarantee of […]

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