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Firelands Local School District, OH -- Moody's assigns a Aa2 enhanced rating to Firelands L.S.D., OH's GO bonds

Moody's Investors Service has assigned an enhanced Aa2 rating to Firelands Local School District, OH's $9.3 million General Obligation (Unlimited Tax) School Improvement Bonds, Series 2019A. The enhanced rating is based on the bonds' qualification for the Ohio School District Credit Enhancement Program (OSDCEP). Interceptable funds include the district's annual state aid appropriations, which may continue to be intercepted until a debt service shortfall is fully paid.