Agenda Item
Meeting Date:
1/24/2022 - 6:30 PM  
Category:
Report of Superintendent  
Type:
Info  
Subject:
S&P Rating  
Board Goals:
4. Financial Responsibility
i. Maintain a healthy Operational Fund ii. Identify Partners to support schools and programs iii. Facility Management and Capital Improvement Program iv. Compare and compete with similar school districts
 
Enclosure:
Rating
Supporting Documentation
 
File Attachment:
S&P Global Ratings Letter(STDLONG1695436) Doc.pdf
S&P Rating Report 970839.PDF
 
Background & Rationale:
Prior to marketing the remaining $15.105M in bonds the district participated in the rating process. The result of that process was a rating of AA- (Stable).  
Budget to be Charged:
Operations  
Motion
Information  
Approvals:
Recommended By:
Signed By:
Dr. Steve Shelton - Associate Superintendent of Operations
Signed By:  
Jacqueline Vernon - Finance Supervisor
Signed By:  
Dr. Allan Markley - Superintendent