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Cumberland Valley School District credit rating lowered by two notches

Summary by Harrisburg100

Mechanicsburg, Pennsylvania — As of January 29, 2025, the credit rating for Cumberland Valley School District’s general obligation debt was lowered from “AA-” to “A” with a negative outlook. The rating could be lowered again due to the school district’s structurally imbalanced operations and projected deficits. “The downgrade reflects the district’s weakened reserve position, coupled with projected […]

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Cumberland Valley School District credit rating lowered by two notches

Mechanicsburg, Pennsylvania — As of January 29, 2025, the credit rating for Cumberland Valley School District’s general obligation debt was lowered from “AA-” to “A” with a negative outlook. The rating could be lowered again due to the school district’s structurally imbalanced operations and projected deficits. “The downgrade reflects the district’s weakened reserve position, coupled with projected […]

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Harrisburg100 broke the news in 4 days ago on Wednesday, February 19, 2025.

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