Oak Park Unified School District’s bond rating has been upgraded to "AA3" from "A1" by Moody’s Investor Service.
This upgrade places the district among an elite group of California school districts whose general obligation bonds are rated in the "AA" category.
The higher bond rating lowers the district’s borrowing cost (i.e., interest rate) on its Series 2000 bonds and potentially increases the debt service savings on the Series 1992 a...
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