Photos of the Waukee CSD Business Office team outside the District Office.

Waukee CSD Maintains High Credit Rating from Moody’s

Waukee Community School District received a strong Aa2 credit rating from Moody’s Investors Service in recognition of the District’s solid financial management. 

In the ratings system, obligations held by a district are rated from Aaa to C, with Aaa being the highest and C the lowest. According to Moody’s website, the rating assigned to Waukee CSD means “judged to be of high quality [and] subject to very low credit risk.”

This rating demonstrates the District’s ability to effectively manage its financial obligations while providing exceptional educational opportunities for students. 

In addition, Moody’s assigned a stable outlook for Waukee CSD, which reflects the District’s strong economic and financial profile. In a press release, Moody’s cited Waukee CSD’s “forward-looking budgeting practices and favorable revenue growth” and stated that “the District benefits from good governance as evidenced by management’s prudent fiscal practices.”

“This rating reflects our commitment to supporting the educational needs of our students by maintaining financial integrity and efficient use of our resources. We have accomplished this in an environment that has seen an increase in the number of students, the opening of new schools for five consecutive years, external macroeconomic pressures, and legislative changes. It is a testament to the hard work and dedication of staff across our District — from our Business Office team to our administrators and school board,” said Sarah Enfield, Chief Financial Officer for Waukee CSD.

As Waukee CSD continues to plan for the future in this period of growth in student enrollment, maintaining a strong credit rating is essential. These ratings directly influence the District’s ability to borrow funds at lower interest rates and provide savings to taxpayers.

Now the fifth-largest public school district in Iowa, Waukee CSD oversees a budget of more than $168 million. The District remains focused on delivering high-quality educational programs, facilities, and student opportunities while ensuring financial stability.