Channel3000.comEducation


Bond Rating Saves Madison School District More Than $500K

District Gets One Of Highest Ratings Available

POSTED: 8:35 pm CDT April 12, 2007

Amid all the news about budget cuts and school closings, the Madison Metropolitan School District received some good news.

The district got a bond rating of Aa1, which means a saving to the district of more than $500,000.

The rating from Moody's Investors Service is one of the highest available, and it allows the district to borrow money long-term at some of the lowest rates possible.

School district officials said the specific impact of the high rating was realized in the bonds issued last month to construct the new elementary school, build the addition to Leopold School and refinance some previous debt.

The Aa1 rating also places the district among a very small percentage of Wisconsin school districts that qualify in terms of financial strength as evaluated by Moody's.



Links We Like
It’s never a bad time to get in shape and we can help you do just that with an exercise routine that works for you. More Details

Want to make the most of your space? Learn how the pros decorate and you’ll be on your way to a more stylish living space. More Details

The more enthusiastic you are about your job the better you’ll perform. Here are some tips to find companies and organizations that will peak your interest. More Details

Don’t assume you know everything there is to know about foreclosures and get the real scoop as we debunk the seven myths surrounding the foreclosure market. More Details

Like online video? Then you'll love Now See This.

Links We Like includes a selection of information, tools and resources from our partners and sponsors.

Online And Campus Programs


Degree Level:


I want to study:

Zip:


Education Loan Rates