Moody's assigns A2 to Dasny school bonds

Moody's Investors Service said it assigned an A2 rating to the Dormitory Authority of the State of New York's $111.3 million school district revenue bond financing program revenue bonds, series 2008A, and an A3 enhanced rating with a stable outlook to $30 million series 2008B.

The series 2008A bonds will fund capital projects for Albany City School District ($16.4 million), East Syracuse - Minoa Central School District ($9.9 million), Norwich City School District ($31.1 million), Ogdensburg City School District ($6.4 million), Onondaga Central School District ($11.8 million), Rome City School District ($8.9 million), Watertown City School District ($14.8 million) and Whitney Point Central School District ($12.1 million).

The series 2008B bonds will fund capital projects for Roosevelt Union Free School District ($30 million).

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