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District Has AAA Bond Rating

District Has AAA Bond Rating

Salt Lake City School District is one of only a few districts in the state to have its own independent AAA bond rating, the highest credit rating available for a school district. Think of a bond rating like a credit score; a higher credit score means you can take out loans at a lower interest rate. The same is true for bond ratings; a better bond rating means the district can issue bonds at lower interest rates, saving taxpayers potentially millions of dollars in interest over time. 

We are proud to have held our AAA bond rating for more than 25 years, a recognition of Salt Lake City School District’s longstanding practice of sound financial management.