Both the Fitch and Standard and Poor’s (S&P) credit rating agencies have given Coppell ISD a AAA credit rating for the district’s 2025 series bond issuance, the highest rating available.
These credit agencies assigned the district a AAA/PSF rating with an underlying bond rating AA+. The outlook from both agencies for the district is stable.
According to a press release from Fitch, Coppell ISD has received a strong 'AA+' bond rating due to its solid financial health. This rating is based on the district’s ability to maintain a healthy fund balance, with a fund balance well above the required 20% of annual spending. In fact, the district’s most recent audit shows a fund balance at approximately 52% after accounting for state-required recapture payments. This demonstrates CISD’s strong financial stability and careful budgeting.
“This is good news for our district because having a high credit rating means we finance our bonds at a lower rate, resulting in long-term savings for our taxpayers, ” said CISD Chief Financial Officer Diana Sircar.