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Dayton schools report credit rating upgrade; board adopts estimated resources and appropriations
Summary
Treasurer and board reported an upgraded credit rating (Fitch AA‑ minus, stable outlook; transcript notes a "2" rating from Moody’s) and the board voted to approve the certificate of estimated resources, permanent appropriations and related financial items.
Dayton City School District officials told the board on Sept. 16 that the district had received an upgraded credit rating from Fitch and an improved Moody’s rating, and the board approved a set of routine financial resolutions including estimated resources and permanent appropriations.
Madam Treasurer reported that the district obtained an “AA minus with stable outlook” from Fitch; the treasurer also reported an improvement from Moody’s described in the meeting record as…
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