Champaign Park District


CUSIP 158393CV8
  • Issue Currency: United States of America Dollars
  • Announcement Date: 13-Aug-2018
  • News: Moody`s Investors Service upgraded to Aa1 from Aa2 the rating on Champaign Park District, IL`s general obligation unlimited tax (GOULT) debt. The upgrade effects $3.8 million in Moody`s rated debt. RATINGS RATIONALE The upgrade to Aa1 reflects the district`s strong and stable financial position and modest debt and pension burdens. The district`s large and diverse tax base is anchored by the University of Illinois (A1 negative) and grew moderately in 2018. Resident income levels trail similarly rated entities, and are likely impacted by the large student population that resides within the district.
CUSIP 158393CU0
  • Issue Currency: United States of America Dollars
  • Announcement Date: 14-Aug-2018
  • News: Moody`s Investors Service upgraded to Aa1 from Aa2 the rating on Champaign Park District, IL`s general obligation unlimited tax (GOULT) debt. The upgrade effects $3.8 million in Moody`s rated debt. RATINGS RATIONALE The upgrade to Aa1 reflects the district`s strong and stable financial position and modest debt and pension burdens. The district`s large and diverse tax base is anchored by the University of Illinois (A1 negative) and grew moderately in 2018. Resident income levels trail similarly rated entities, and are likely impacted by the large student population that resides within the district.



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