According to Moody’s, the rating reflects BOUSD’s solid economic foundation, located within the expanding Los Angeles Metro Area. The District’s assessed valuation has grown to $12.7 billion, with a strong per capita assessed value of $293,000—a clear indicator of local economic vitality.
Additionally, Moody’s highlighted BOUSD’s strong financial position along with a favorable resident household income at 139% of the national median. Despite projected declines in student enrollment, Moody’s notes that this trend is expected to moderate as new housing developments expand the local population.
Strategic Investment in Facilities and Infrastructure
The Series A bond issuance is part of the Election of 2024 bond measure, approved by voters to modernize and enhance school facilities across the District. These funds will allow BOUSD to address aging infrastructure, invest in 21st-century learning environments, and continue providing safe, innovative, and student-centered campuses for all learners.
"The reaffirmation of our strong Moody’s rating for Measure H is a testament to BOUSD’s commitment to sound financial stewardship. Despite the projected federal and state funding outlook, the Moody’s release stated, 'we expect that the district will outperform these projections given its demonstrated history of conservative budgeting and prudent financial management.' This reflects our unwavering commitment to accountability, transparency, and a strategic vision that prioritizes both fiscal health and educational excellence," said Rick Champion, Assistant Superintendent of Business Services.