BOND INFORMATION

On behalf of everyone in the Salt Lake City School District, thank you for supporting our bond proposal to 

• rebuild West and Highland High Schools, 
• build an athletic field house at East High School, and
• fund sustainability projects across the district. 

DISTRICT ISSUES FIRST BONDS WITH AFFIRMED AAA RATING

On Wednesday, May 21, 2025, the Salt Lake City School District will issue the first series of bonds approved by voters in the November 2024 bond election, marking a major milestone in its efforts to improve schools and educational facilities across the district. 

The bond issuance follows recent meetings with Fitch Ratings and Moody’s Investor Services, where both agencies reviewed factors such as the district’s financial operations, the strength of the local economy, and the planned use of bond funds. Both Fitch and Moody’s affirmed the district’s General Obligation bonds at a 'AAA' rating, the highest possible credit rating a school district can receive. Salt Lake City School District is one of very few school districts in the nation to have stand-alone AAA bond ratings from both Moody’s and Fitch, two of the nation’s top bond rating agencies.   “We are proud to have held our AAA bond rating for more than 25 years,” said Alan Kearsley, Business Administrator for Salt Lake City School District. “This is an external recognition of Salt Lake City School District’s longstanding practice of sound financial management and wise long-term planning. We are proud to be able to save our taxpayers money as we begin selling the bonds approved by our community last November.”