The Fairfield-Suisun Unified School District was recently advised by Moody’s Investors Service that its bond rating remains solid at “Aa2”, unchanged from the last rating assignment in 2016. Moody’s 21 credit ratings range from “Aaa”, described as the highest quality and lowest credit risk, to “C”, indicating the lowest quality and a low likelihood of recovering principal or interest invested. An “Aa2” rating is the third highest rating that can be achieved out of the 21 total ratings possible.

According to FSUSD’s Assistant Superintendent of Business Services, Michelle Henson, the high rating reflects the District’s prudent fiscal management and stable enrollment trend. Moody’s noted the area’s large and growing tax base, solid socioeconomic profile of residents, and the district’s healthy liquidity position as additional financial strengths.

The benefit of a high bond rating during the issuance of bonds like FSUSD’s Measure J is lower interest costs for the taxpayers of the Fairfield-Suisun community.