TITLE

Moody's Issues Negative Outlook on School District in Suburban Atlanta

AUTHOR(S)
DeSue, Tedra
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/6/2006, Vol. 356 Issue 32355, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Moody's Investors Service Inc. has revised its credit outlook for Gwinnett County School District in Atlanta, Georgia to negative from stable. The revision was made as a result of the reduced state funding that the district has received and a depleting reserve. Jeff Weiler, chief financial officer of the school district said that the county is working to reduce expenditures to implement harmony in line with revenues.
ACCESSION #
20472600

 

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