US K-12 Public School Districts: Proposed Methodology
A proposed sector-based methodology to assess credit risk for US public school districts. This includes a revised approach to rating GO and related long-term debt instruments in a single methodology anchored around a district’s issuer rating.
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    REQUEST FOR COMMENT
    22 Jun 2020|Moody's Investors Service
    This Request for Comment (RFC) proposes a new methodology for Rating US K-12 Public School Districts.
    PODCAST
    22 Jun 2020|Moody's Investors Service
    Gail Sussman and Rachel Cortez of the US Public Finance team address the proposed methodology, which speaks to the distinct credit factors of K-12 school districts. The proposal is now in a request-for-comment period.

    22 Jun 2020
    |
    Moody's Investors Service

    22 Jun 2020
    |
    Moody's Investors Service
    Related research
    REQUEST FOR COMMENT
    22 Jun 2020|Moody's Investors Service
    This RFC proposes a new methodology for Rating US K-12 Public School Districts.
    SECTOR IN-DEPTH
    19 Jun 2020|Moody's Investors Service
    Many states suffering revenue declines because of the coronavirus outbreak will cut K-12 funding, leaving school districts having to raise revenue, reduce expenses or draw down reserves.

    SECTOR IN-DEPTH
    07 Nov 2019|Moody's Investors Service
    Most K-12 public school districts in the US will continue to improve or expand their facilities while maintaining credit quality, even with a widespread drop in 18-and-under populations.
    SECTOR IN-DEPTH
    17 Sep 2019|Moody's Investors Service
    Meeting teacher pay and staffing demands will continue to challenge school districts given enrollment declines, high housing prices, tighter labor markets and growing legacy fixed costs.

    KEY CONTACTS
    Rachel Cortez
    Associate Managing Director - PPIF
    Rachel.cortez@moodys.com
    Naomi Richman
    Senior Vice President - PPIF
    Naomi.richman@moodys.com