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How well does PISD manage its money?
In 2006, PISD received credit ratings from two leading independent credit rating agencies, Moody’s Investors Service and Standard & Poor’s Rating Services. With the guarantee of the state’s Permanent School Fund, PISD was assigned the highest possible bond rating by both firms. Both services cited PISD’s effective management practices, growing tax base, competitive local property tax rate and stable financial performance as factors in the rating.