LBUSD Finances Maintain High Ratings
The Long Beach Unified School District's credit rating remains high due to prudent management, according to the latest rating from global credit rating and research firm Moody’s Corporation.
Moody’s AA2 designation signals high quality and low risk to investors and helps save taxpayers millions of dollars in interest on the District’s voter-approved bonds. Moody’s score follows Fitch Groups’ AA3 rating, assigned to the District last year. Moody’s Corporation and Fitch Group, along with Standard & Poor’s, are the world’s top credit raters.
The AA ratings align with scoring from independent auditors, who have assigned LBUSD’s bond program the highest financial accountability and performance ratings for 10 consecutive years.