Standard & Poor's Ratings Services said it raised its long-term rating to AA-minus from A-plus on Huber Heights City School District, Ohio's existing general obligation debt.
Processing Content
The outlook is stable.
"The raised rating reflects our view of the district's improved financial position," said Standard & Poor's credit analyst Angel Bacio. "The rating further reflects our expectation that the district will maintain its strong operating results."
The district is located in Montgomery County, 8 miles northeast of the city of Dayton and encompasses approximately 25 square miles.
