Mtgy. Public Schools Gets AA Credit Rating


By Alabama News Network

Montgomery Public Schools has received a double-A credit rating, which is the second highest credit rating possible. No other school system in the state has a higher rating, one which will save Montgomery Public Schools one million dollars on interest costs alone.
The school system has also raised seven million dollars 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.
This is the first time Montgomery Public Schools has received an independent rating.

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