Standard & Poor's gives District Aa+ credit rating

Standard & Poor's gives District Aa+ credit rating
financial projectionsMVWSD recently earned a Aa+ credit rating from Standard & Poor's as a result of its strong community support of its schools. Standard & Poor's cited the approval of the parcel tax/Measure B this spring, and MVWSD's position as a community funded district as factors for the increased rating. Community support means less reliance on less-stable state funding. 

The District' general obligation bond rating is an Aaa from Moody's, bolstered by its exceptionally large Silicon Valley tax base; a strong financial position with large reserves and liquidity; and strong management. The bonding agencies also cited the District's strong financial position and General Fund liquidity when rating the District's Certificate of Participation.
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