Schaumburg's Budget Crafted with Both Optimism & Caution
Schaumburgs Budget Crafted with Both Optimism & Caution Updated 4/13/2021 9:21 AM The Village of Schaumburg has emerged from the Fiscal Year 2020/21 having reduced expenditures more than $23 million during the year to address a revenue loss of $38 million. Additionally, the village reaffirmed its AAA bond rating from Standard and Poors Global Ratings Agency and restructured outstanding bonds to achieve a savings of $25 million. The proposed Fiscal Year 2021/22 budget begins the pro...
Alisa Petersen Brian Townsend A National Community Prairie Center Poor Global Ratings Agency Fiscal Year
Source: dailyherald.com