Moody's: Beleaguered Oakland School District's Rating at Risk

Williams, Rochelle
January 2003
Bond Buyer;1/9/2003, Vol. 343 Issue 31549, p26
Trade Publication
Reports that Oakland Unified School District in California faces a possible state takeover due to a million dollar budget shortfall and a possible downgrade in rating, according to the financial rating agency Moody's Investors Service Inc. General obligation debts of the district; Percentage increase in teacher salaries as implemented by the district; Steps initiated by the district to curb expenditures.


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