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.