New York Mills School credit rating drops | Perham Focus
Sections

Weather Forecast

Close
Advertisement

New York Mills School credit rating drops

Email News Alerts

The New York Mills Independent School District's credit rating has been downgraded from A2 status to A3.

The downgrade was given after an evaluation of the financial history of the district by Moody's, an independent rating company.

Advertisement

According to Moody's, the downgrade is due to a declining tax base in the school district, a below average economic profile and narrow financial positions.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement