EF sees financial standing improve
By KRISTIE LINDEN
klinden@yourmvi.com
Elizabeth Forward School District has improved its financial rating, according to district officials.
Moody’s Investors Service, a business and financial services company and an American credit rating agency, upgraded Elizabeth Forward’s rating.
“This change in rating for the good demonstrates sound decision making by our school directors over the past several years,” Superintendent Dr. Todd Keruskin said in a news release.
Factors that lead Moody’s to upgrade the district included growth in tax base and material growth in district reserves and liquidity.
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