January 12, 2017
Moody’s Report Highlights Sound Financial Management of District
In its most recent annual report on the fiscal health of the district,
Moody’s Investors Service reaffirmed the district’s Aa3 credit rating
and noted that the district is in a “healthy financial position.” The
report noted that the district’s balanced financial operations
demonstrate sound financial management.
According to Moody’s, the credit rating “reflects a sizeable tax base
with an affluent socioeconomic profile and a healthy financial
position.” The report also cites the district’s strong economy and tax
base.
“This report confirms our commitment to provide the best quality
education to all students while remaining mindful of our promise to
taxpayers to be fiscally prudent and responsible,” said Superintendent
of Schools Dr. Kenneth Bossert. “We will continue to work toward the
maintenance of a financially sound district.”
To view the report,
click here.