Bond Rating Improvement

Standard and Poor has improved our bond rating by three levels. By improving our rating we have been able to refinance our bonds. In the end, this will save our taxpayers over $2,000,000 in repaying the loan for our main campus. In our discussions with S&P, a rating improvement of this magnitude is rare. In addition, we expect our rating to improve even more over time, preparing the way to borrow at better rates in the future. 


S&P Bond Rating (PDF)