Chicago Public Schools
Bond series CIT 2023
$28.6 million
Exact amount: $28,618,637.50
FY2026 (July 2025–June 2026)
Principal $0 plus interest $28,618,638. Rate 5.00%-5.75%, final payment 04/01/48, paid from CIT. All interest this year, no principal is due until later (last payment 04/01/48). Paid from CIT.
This is one bond's yearly payment to the people who lent the money, and it is already as small as the bond itself.
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