School District 27J’s issuer credit rating was upgraded from A to A-plus by Standard and Poor’s Ratings Services last month and its outlook changed from stable to positive.
A strong credit rating, or the lack of a strong credit rating, can impact a district’s ability to market bonds and associated interest rates.
“This is a verification from an independent third party that 27J’s financial practices continue to improve and we have maintained solid accounting and financial practices during challenging financial times,” Superintendent Chris Fiedler said. “We will continue to be good stewards of the financial resources that are entrusted to us.”
For more information, contact 27J Chief Financial Officer Suzi DeYoung at 303-655-2900 or email@example.com.