The Northshore School District’s high bond ratings were affirmed recently by two of the largest bond rating agencies in the nation.

Both Standard & Poor’s and Moody’s Investor Services pointed to the district’s sound financial practices as a key to the renewed affirmation. Standard & Poor’s AA- rating is based on the strong voter approval of the levies last February, the solid financial management of Northshore’s budget, and the district’s practice of paying off bonds within 10 years - twice as fast as many organizations that issue bonds. Moody’s affirmed the district’s Aa2 rating, which is comparable to the Standard & Poor’s rating, for similar reasons.