Standard & Poor's Corp. last week gave the Chicago Park District a vote of confidence after two recent audits projected deficits in the district's bond and corporate funds.

In a press release, the rating agency said that it believes the district's long-term financial health "will remain intact and that its capital projects fund will continue to be maintained in good financial condition."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.