Review 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