Plainfield C.C.S.D. 202(Will & Kendall Co.), IL's (Aa2) strong credit profile is supported by ample reserves, strong resident income and a stable economic base. Although enrollment is declining, it is not a direct driver of revenue under the state's evidence based funding (EBF) formula. Leverage and fixed costs are low due in part to state support for contributions to an underfunded Teachers Retirement system.

On March 15 we affirmed the district's issuer rating at Aa2. We also affirmed the district's general obligation unlimited tax (GOULT) and general obligation limited tax (GOLT) and non-contingent lease ratings at Aa2.