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School district earns best ever bond rating
Trustees continue facility feedback discussion
School Board
Kershaw County Board of School Trustees Chairman Ron Blackmon (center, right) opens the boards meeting Tuesday at Dobys Mill Elementary School. From left are trustees Louis Clyburn, Mark Sury and Derrick Proctor; Board and Superintendent Administrative Assistant Caroline Connare; Kershaw County School District Superintendent Dr. Frank Morgan; Blackmon; and trustees Kim DuRant (hidden from view), Matt Irick, Mara Jones and Dr. Charles King II. A highlight of the meeting was learning the district recently earned an Aa3 bond rating from Moodys, the best rating ever for the district. - photo by Martin L. Cahn
Moody’s, one of the country’s two major investment ratings companies, recently upgraded the Kershaw County School District’s general obligation bond rating from A1 to Aa3. Kershaw County School District (KCSD) Chief Financial Officer Donnie Wilson said the A1 rating is described as “upper medium quality.” Wilson said the new Aa3 rating is described as being in the “very high quality” category.