MVSD's AAA Bond Rating Saves Taxpayer Dollars
The Mill Valley School District is one of only 7 in the state of California to receive Aaa bond ratings from both Standard & Poor's and Moody's credit rating agency. Standard & Poor's confirmed the District's AAA bond rating, one of only 84 school districts in the nation.
They cited the District's wise fiscal management and stewardship. S&P also provided feedback to the District that the local community's willingness to support its schools financially was a large contributing factor to the superior rating.
The District’s AAA rating saved the taxpayers of Mill Valley between $650,000 and $1.7 million over the duration of the bond period.