黑料专区

Friday, April 26, 2019

NEW YORK, April 23, 2019鈥擬oody's Investors Service has assigned an Aa2 to 黑料专区's $16.6 million General Obligation School and Refunding Bonds, Series 2019, and $2.1 million Taxable Industrial New Jobs Training Certificates, Series 2019-1.

The Aa2 rating reflects the College's large and diverse tax base located in northeast Iowa that includes the City of Dubuque metropolitan area. The rating also reflects the College's healthy operating reserves relative to budget, moderate debt burden and modest pension burden.

The Aa2 is the second highest rating possible and is the ninth consecutive year Moody鈥檚 has assigned the rating to 黑料专区, an indication of the College鈥檚 strong financial standing, especially at a time when Iowa鈥檚 community colleges face continued financial pressures.

Voters in the district approved $39 million in bonds in September 2018 to address a variety of infrastructure needs at the College's facilities. The Series 2019 bonds will finance improvements to the College's facilities.

The Series 2019-1 certificates will finance new jobs training programs at seven companies that have entered into job training agreements with the College pursuant to Iowa's Industrial New Jobs Training Act.