KBRA Releases Report Assigning K1+ Rating to Cobb County School District, GA Short-Term Construction Notes, Series 2025, and Affirming K1+ Rating for Series 2024 Construction Notes and AAA Rating for District's Implied G.O. Credit

On December 4, 2024, KBRA assigned a short-term rating of K1+ to Cobb County School District, Georgia's Short-Term Construction Notes, Series 2025, due December 15, 2025. Proceeds will be applied toward the current expenses of acquiring, constructing, equipping and upgrading various school facilities and improvements approved by voters at referendum, and to pay expenses related thereto until the collection of a 1% sale and use tax for educational purposes (the"Sales Tax", or "Ed-SPLOST").

Concurrently, KBRA affirmed the short-term rating of K1+ on the District's Short-Term Construction Notes, Series 2024 due December 15, 2024, and affirmed the long-term rating of AAA with a Stable Outlook for the District's Implied General Obligation credit.

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