Financial Recognition Given To Osceola County School Board For District's Fiscal Responsibility
Fitch Ratings has completed a review of The School District of Osceola County’s outstanding sales tax bonds, resulting in an upgrade from ‘A’ to ‘AA-‘. The District’s issuer default rating was also confirmed at ‘AA-‘. These bond ratings reflect the district’s strong financial position, and the upgrade represents lower perceived risk for district investors. Higher bond ratings translate into a lower cost of borrowing funds for the district.
"These types of financial recognition are important to ensure to our taxpayers that we are fiscally responsible and accountable," said Superintendent Dr. Debra Pace. "These awards lend proof that the dollars that the public has entrusted us to manage are truly being spent efficiently and effectively."