Bond Ratings

The District this week received AA ratings from the three major national bond rating agencies, reaffirming the confidence in the District’s financial management and economic outlook.

High bond ratings mean the District is able to sell Revenue Bonds to finance voter-approved capital projects at lower interest rates.

The ratings will save rate payers about $5 million in interest over the life of the bonds.
 

This announcement does not constitute an offer to sell or the solicitation of an offer to buy the Series 2004 A Bonds, nor shall there be any sale of the Series 2004 A Bonds by any person in any jurisdiction in which it is Unlawful for such person to make such offer, solicitation or sale. The offering is made only by the Official Statement.