National bond-rating agency Moody’s has upgraded its financial outlook for the Nampa School District from negative to stable and held the district’s bond rating steady.
The stable rating outlook reflects their expectation that district finances will gradually recover this year, as a result of management's corrective actions. Moody’s stated in its opinion issued Tuesday.
Moody’s held the district’s bond rating steady at Baa3. During the district’s financial crisis, the agency had downgraded the district’s bond rating.