How Public School Districts Can Improve Their Bond Ratings.

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Bond ratings have a substantial impact on a borrower's cost of funds, with the difference between ratings having a potential impact of thousands, if not millions, of dollars on debt service costs. This article provides school district officials background about the rating agencies and the process by which they assign bond ratings. It then discusses initiating a ratings process, describes the ratings meeting, and details how to improve the chances for a higher rating.
Casillas, Robert A.; Hamill, Grant M.
School Business Affairs
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