Beverly Hills News – Moody’s To Consider Triple-A Rating For Beverly Hills Unified School District
Posted Thursday, October 29 – 6:50 PM
By Matt Lopez
The Beverly Hills Unified School District could soon have more good news coming its way as it relates to the district’s general obligation bond ratings.
BHUSD is one of six Basic Aid school districts in California whose general obligation ratings will come under review for an upgrade, according to a release Friday by Mooday’s Investors Service.
Moody’s followed Standard & Poor’s in upgrading BHUSD’s bond rating to an Aa-1 in August, just weeks before the district sold out $76 million of Measure E bonds in three hours.
Now, BHUSD is one of six districts, along with Laguna Beach, Mountain View Los Altos Union, Newport-Mesa, Palo Alto and San Mateo who will come under review for upgrade to the prestigious Aa3 general obligation bond rating.
For full story see the print edition of The Beverly Hills Courier, or download the e-edition.