Moody's Investors Service Credit Opinion of West Fargo Public Schools
Moody's Investors Service has upgraded West Fargo Public School District 6, ND's issuer, general obligation unlimited tax (GOULT) and general obligation limited tax (GOLT) ratings to Aa2 from Aa3. The outlook for the underlying ratings is stable. Moody's has also assigned underlying Aa2 ratings and enhanced Aa2 ratings to the district's $3.2 million General Obligation School Building Bonds, Series 2022A and $6.3 million Limited Tax School Building Fund Bonds, Series 2022B. Following the sales, the district's outstanding debt will include $244 million in GOULT Bonds and $27 million in GOLT bonds.