Wilmette Public Schools: District 39 Receives Prestigious Aaa Rating From Moody's Investors Service

Press release from Wilmette Public Schools:

01/27/2022

This rating illustrates the district's ability to repay debt and debt-like obligations without consideration of any pledge, security, or structural features. The Aaa GOLT debt certificate rating is equivalent to the Aaa issuer rating based on the district's pledge of all available funds to pay debt service. The certificates do not benefit from a dedicated pledged property tax levy but are legally binding obligations of the district.

“Receiving the highest possible rating again is a significant achievement for District 39,” said Amy Poehling, President of the District 39 Board of Education. “It represents our long-standing and continued commitment to maintaining a strong financial position. and is also indicative of the strength and stability of our community, including our careful long-term planning, thoughtful budget planning and the academic accomplishments of our D39 students.”

This press release was produced by Wilmette Public Schools. The views expressed here are the author’s own.