Bond rating diversity reflects differences in south suburbs

Each individual south suburban community faces a different set of financial and debt-related challenges. Some have addressed those challenges better than others in recent years.

Standard and Poor’s and Moody’s are worldwide financial services and ratings firms. A government’s bond rating illustrates for investors the probability that a municipal bond will be repaid. Local and state governments usually issue municipal bonds to fund special projects…Please click here to read David P. Funk’s story in the Times.