Moody's Investors Services said it has upgraded the rating on Shenendehowa Central School District, N.Y.'s $78.3 million of outstanding general obligation debt to Aa2 from Aa3.

The debt is secured by a general obligation pledge of ad valorum taxes as limited by the Property Tax Cap - Legislation (Chapter 97 (Part A) of the Laws of the State of New York, 2011).

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.