Round Rock ISD is the only school district in the state of Texas to earn a AAA rating from Fitch and Moody’s, following the latest bond rating upgrade.

The district has maintained a AAA bond rating from Moody since 2010 and was recently upgraded to AAA by Fitch Ratings. AAA is the highest bond rating possible which demonstrates the manner in which the district carries out its fiscal responsibilities.

The AAA bond rating has a direct impact on the interest rate obtained when bonds are sold in the market. A lower level of interest payments via a reduced interest rate provides relief to taxpayers by reducing the overall debt burden. A bond sale related to the May 2014 referendum will take place in January.

The AAA rating is a testament to the hard work and financial integrity of Round Rock ISD campus and department staff, Round Rock ISD Chief Financial Officer Randy Staats said.

“We are committed to consistently managing taxpayer dollars in a prudent and strategic way,” Staats said. “Leadership from the Board of Trustees has always provided the guidance and support for excellence in all aspects of financial management.”

“We are committed to consistently managing taxpayer dollars in a prudent and strategic way,” Staats said. “Leadership from the Board of Trustees has always provided the guidance and support for excellence in all aspects of financial management.”