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Moody27s upgrades Fruitport Community Schools to A1; committee notes March 11 bond pricing
Summary
The Business and Finance Committee reviewed Moody27s Feb. 26 analysis upgrading the District from A2 to A1 and was briefed on a March 11 bond pricing and sale; district representatives and financial advisors will travel to St. Louis to complete the pricing process.
The Fruitport Community Schools Business and Finance Committee reviewed a Moody27s Investors Service analysis dated Feb. 26, 2026 that upgraded the District27s rating from A2 to A1.
Committee members were informed of the upgraded rating and received the analysis and opinion from Moody27s. Separately, the committee was briefed on the scheduled pricing and sale of bonds (series I) set for March 11, 2026. District representatives scheduled to attend the pricing in St. Louis include Mark Mesbergen, Jessica Wiseman and Jason Kennedy; financial advisors Jeffrey Zylstra of Stifel and Nate Watson of PFM are also listed as attendees.
The committee recorded the upgraded rating in materials for the upcoming financing activity. No formal vote was taken in committee; the pricing and sale process is scheduled to occur March 11.
