Fitch Ratings last week upgraded the Hernando County School Board’s $143.4 million of outstanding certificates of participation to A-minus from BBB-plus. The rating agency also raised the school district’s general obligation credit, and its $800,000 of outstanding GOs, to A from A-minus.

Fitch attached a stable rating outlook to the district, which is located on the west coast of Florida north of Tampa. Like all of the state’s 67 school districts, the Hernando system is coterminous with the county it is located in.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.