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April 24, 2014, 8:59 pm
970 WMAY News

Supt. Milton Downplays Dist. 186 Credit Downgrade


Springfield School Superintendent Walter Milton is downplaying the effects of a decision to downgrade the credit rating for District 186.

 

That rating was lowered last week, citing continued financial instability and deficit budgets.

 

But Milton says the rating had been at its highest level in years, and says even after it was lowered, it still remains higher than it had been before he took office.

 

And Milton insists that he’s working on a budget plan that will stabilize the district’s finances and restore its credit rating.

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