Montgomery Public Schools Receive AA Credit Score


By Alabama News Network

Montgomery, Ala - Montgomery Public Schools has received the second highest credit rating possible.

The system has received a AA credit rating, which will save MPS $1,000,000 on interest costs. 

The school system has also raised $7,000,000 for their capitol improvement account. 

Representatives from the Frazer Lanier Company, the firm that evaluated the school system, say the board is doing an excellent job with their finances.


Add a comment


Comment: 1000 Characters Left

Alabama News Network and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Hot Video From AP

AP Video