Moody’s Investors Service downgraded White Plains City School District a single notch to Aa3 last week affecting $82.9 million of debt, including a $50 million bond sale last week.

Moody’s cited a “narrowed financial position due to ongoing tax certiorari settlements with adequate reserve levels that are expected to diminish in the near term.” 

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.