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New Jersey School District That Threatened Bankruptcy Has Rating Cut

Summary by Bloomberg
The Toms River Regional School District had its bond rating slashed two notches by S&P Global Ratings after local officials discussed filing for bankruptcy instead of adopting a budget that would have raised taxes.

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New Jersey School District That Threatened Bankruptcy Has Rating Cut

The Toms River Regional School District had its bond rating slashed two notches by S&P Global Ratings after local officials discussed filing for bankruptcy instead of adopting a budget that would have raised taxes.

·United States
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Bloomberg broke the news in United States on Wednesday, July 9, 2025.
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