ADRIAN — Adrian Public Schools has received a financial boost — Moody’s Ratings has upgraded the district’s credit rating from A3 to A2, citing strong financial stewardship and improved fiscal health.
The agency also assigned an A2 rating to the district’s 2025 School Improvement Bonds, valued at $3.65 million. These bonds will fund energy-saving upgrades across Adrian schools.
Superintendent Nate Parker called the move a validation of the district’s long-term planning and commitment to creating strong learning environments.
Chief Financial Officer Dan Peña added that the upgrade will help the district secure lower interest rates, ultimately saving taxpayer dollars.
Moody’s noted Adrian’s healthy reserves, budget surpluses, and a long-term liabilities ratio expected to stay well below 300%.
To learn more, visit adrianmaples.org or ratings.moodys.com.