05/21/2025

Indian Prairie School District 204 has received outstanding credit ratings from both Moody’s Ratings and S&P Global Ratings for its $151.1 million General Obligation School Building Bonds, Series 2025—reinforcing the district’s strong financial position and continued commitment to responsible fiscal management.

Moody’s has assigned the district an Aa1 rating, citing Indian Prairie’s “strong local economy, stable enrollment, and sound reserves with low leverage and fixed costs.” The rating reflects confidence in the district’s long-term financial health, noting that even after a planned transfer of funds for capital projects, reserves are expected to remain strong at approximately 29% of revenue. Moody’s further recognized Indian Prairie’s low debt burden and projected fixed costs, which are expected to remain manageable despite the district’s ongoing capital improvement initiatives.

S&P Global Ratings awarded the district its highest possible rating of AAA, highlighting Indian Prairie’s “robust per capita economic activity, historically stable operating results, and well-established financial management practices.” S&P emphasized the district’s above-average income levels, stable population trends, and strong reserve levels that align with the district’s 25% fund balance policy. The report also noted that recent and future capital investments—including those supported by the 2022 voter-approved $420 million bond referendum—will continue to be manageable due to the district’s tax base strength and long-term financial planning.

“The strong bond ratings from both Moody’s and S&P are a testament to our district’s sound financial stewardship and long-term planning,” said Dr. Adrian Talley, Superintendent of Indian Prairie School District 204. “These ratings affirm our ability to fund vital safety, infrastructure, and educational improvements while maintaining fiscal responsibility.”

The bond proceeds will be used to support safety and security enhancements, infrastructure repairs, learning environment upgrades, and energy efficiency projects across all schools in the district.

For more information about the district’s facility improvements, visit www.ipsd.org/saferstronger204.