S&P Global Ratings placed its'A+'long-term rating and underlying rating (SPUR) on Vermilion County Community Consolidated School District No. 118 (Danville), Illinois'general obligation (GO) debt outstanding on CreditWatch with negative implications. The CreditWatch placement follows our repeated attempts to obtain timely information of satisfactory quality to maintain our rating on the securities in accordance with our applicable criteria and policies. The district's GO debt is secured by its unlimited ad valorem tax pledge. The CreditWatch placement indicates that if we are unable to obtain additional information from the issuer in a timely manner, we could withdraw the rating on the bonds. We are seeking insight into the district’s trend of negative operations and deteriorating available fund balances, forward-looking
