May 11, 2018  1:31pm CT

 

Moody’s Investor Service assigned Evanston Township High School District 202’s General Obligation Limited Tax (GOLT) School Bonds with a Aaa rating on May 7, 2018. According to the Moody’s report, the Aaa rating for District 202 reflects the district's sizable tax base that is bolstered by significant institutional support and integration within the Chicago metropolitan area. The rating also factors the district’s sound fund balance and liquidity and low debt burden.

 

District 202 is among a select group of 16 school districts in Illinois and 90 school districts nationwide rated as Aaa by Moody’s. Ratings are issued each time the District issues bonds and the 2018 rating marks the fifth time in 10 years that the District has earned the Aaa distinction.

 

“Moody’s thoroughly examined our financial status before awarding ETHS their highest rating, a rating that is rarely achieved among the over 13,500 public school districts in the country,” noted ETHS District 202 Superintendent Eric Witherspoon. “Moody’s continuing confidence in our careful attention to budgeting and fiscal management is a strong affirmation of our commitment to being good stewards of our resources for our community.”

 

The Moody’s website (www.moodys.com) provides information about Moody’s methodology, regulatory disclosures, and other ratings details.