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The Fairfield City School District was recently awarded an upgrade from Moody’s Investors Services from a bond rating of Aa3 to Aa2. This upgrade was made prior to the refunding of approximately $51 million of bonds that took place on October 17, 2019. The refunding was able to produce $6.641 million in savings for taxpayers in the Fairfield City School District. According to district Treasurer Nancy Lane, “The refunding process will not produce additional money for the district, but will lower the millage and future payments that taxpayers will make on the bonds.” This represents an overall savings of about 8.87% over the life of the Bonds, which will reach maturity in 2044. District voters approved a bond issue in 2014 to finance its local share of the cost to build Central and Compass elementary schools and Fairfield Freshman School. The new construction was part of a state facilities construction assistance program that provided the district $19 million to offset the total $80 million project. The closing for the financing of the bonds is scheduled for November 6.

A fall break! Two weeks for winter break! Probably one of the best calendars we've ever had! Click the headline above to see the calendar for the 2020-2021 school year!